Link works now… thanks Sir Fully for sharing this thought provoking post.
I shared an informational post the other day about a major layoff at a tech corporation, Zendesk. But my message was obscure (I’m not clear many times, but work hard to improve)
I tried to draw attention to this same corporatism which is so prevalent in the Silicon Valley.
The “road to success” over the past few years has been “diversity” … DEI … whatever.
And, in their pursuit of success, many a “progressive” CEO has spent tonnes of the company’s funds on these initiatives.
Now when the economy hits the skids, they are having to layoff hardworking folks.
All that low-interest VC (venture capitalist) money went down the drain, as the ESG initiatives where money was being spent were supposed to bring a return on investment, as the “buyers/clients” were only going to work with companies that had a decent ESG score.
link does not open…
Link works now… thanks Sir Fully for sharing this thought provoking post.
I shared an informational post the other day about a major layoff at a tech corporation, Zendesk. But my message was obscure (I’m not clear many times, but work hard to improve)
https://www.zendesk.com/newsroom/articles/zendesk-workforce-reduction/
https://www.zendesk.com/newsroom/articles/zendesk-2022-global-impact-report-highlights-growth-in-philanthropy-workplace-culture-and-sustainability/
I tried to draw attention to this same corporatism which is so prevalent in the Silicon Valley.
The “road to success” over the past few years has been “diversity” … DEI … whatever.
And, in their pursuit of success, many a “progressive” CEO has spent tonnes of the company’s funds on these initiatives.
Now when the economy hits the skids, they are having to layoff hardworking folks.
All that low-interest VC (venture capitalist) money went down the drain, as the ESG initiatives where money was being spent were supposed to bring a return on investment, as the “buyers/clients” were only going to work with companies that had a decent ESG score.
Not any more now, it seems.
Hope I’m clear today.
GL