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That would require paying more than competitors and that’s unacceptable to anyone except for the successful companies that commonly do just this. I’m serious a

That would require paying more than competitors and that’s unacceptable to anyone except for the successful companies that commonly do just this. I’m serious about this point too. Eg. Intel pays less than half of what tsmc in Taiwan pays for similar jobs on a ppp basis after 20years of wage freezes and cuts at intel. They can’t poach any talent and investors want more layoffs and wage freezes next quarter to fix the decline they see. GM is similar. It’s not going to turn around and start competing in the high end labor market reasonably. It can’t. The big shareholders would sack the ceo in seconds. Think GM could ever compete with Google (Waymo) in a market where ai engineers can earn ) 1m/yr? Ha! The MBAs wouldn’t allow it for a second.

AnotherGoodName 2y ago
To follow up on above I’ll give a clear example. $77k/yr hardware engineer degree required job at intel in a high cost of living area for anyone wondering how dire the situation is at these uncompetitive companies. https://www.indeed.com/cmp/Intel-Corporation/job-titles/Integrity-Engineer https://www.indeed.com/cmp/Intel-Corporation/job-titles/Inte... They unsurprisingly rate ‘very easy interview’ on glassdoor since they’d hire no one without lowering the bar significantly. I would never begrudge anyone working at these broken companies either fwiw. You just have to be aware it’s a job you have while looking for a reasonably paying job. If anyone wants a lesson in the core place the rot starts consider maybe there’s a reason intel is struggling to achieve what it’s much higher paying competitors achieve. A very similar story plays out for GM, Boeing and the other rotting companies. Short term focus leading to non-competitiveness in the labor market leading to poorer results in all aspects. GM is not going to win this. They can’t due to a focus on production lines using minimum wage staff and applying that to knowledge work.
BoorishBears 2y ago
My Cruise offer was the highest of the 3 AV companies I got offers from. Cruise was known for great comp and worse working conditions/tech when I was searching

AnotherGoodName 2y ago

To follow up on above I’ll give a clear example. $77k/yr hardware engineer degree required job at intel in a high cost of living area for anyone wondering how dire the situation is at these uncompetitive companies. https://www.indeed.com/cmp/Intel-Corporation/job-titles/Integrity-Engineer https://www.indeed.com/cmp/Intel-Corporation/job-titles/Inte... They unsurprisingly rate ‘very easy interview’ on glassdoor since they’d hire no one without lowering the bar significantly. I would never begrudge anyone working at these broken companies either fwiw. You just have to be aware it’s a job you have while looking for a reasonably paying job. If anyone wants a lesson in the core place the rot starts consider maybe there’s a reason intel is struggling to achieve what it’s much higher paying competitors achieve. A very similar story plays out for GM, Boeing and the other rotting companies. Short term focus leading to non-competitiveness in the labor market leading to poorer results in all aspects. GM is not going to win this. They can’t due to a focus on production lines using minimum wage staff and applying that to knowledge work.

BoorishBears 2y ago

My Cruise offer was the highest of the 3 AV companies I got offers from. Cruise was known for great comp and worse working conditions/tech when I was searching