Design Con 2015
Breaking News
Comments
Newest First | Oldest First | Threaded View
<<   <   Page 2 / 2
Anand.Yaligar
User Rank
Rookie
Re: Takeaway message
Anand.Yaligar   8/17/2014 7:55:25 AM
NO RATINGS
"Capitalism worshipped all over the western world at its cruel best....It is high time we agree that workers from the east are willing to do our jobs at 1/3 the rate with the same level of competency". 

I'm with you truekop, and not just competency, people from the east have higher number of work hours. The median for western based workers is 8.35 hours where for the eastern hemisphere that is 8.90 hours. Also by eastern standards, workers are not given the equivalent amount of salaries which based on some analysts answers are due to "cost of living" which is high in the west.

truekop
User Rank
Rookie
Re: Takeaway message
truekop   8/16/2014 11:20:54 PM
NO RATINGS
Capitalism worshipped all over the western world at its cruel best....It is high time we agree that workers from the east are willing to do our jobs at 1/3 the rate with the same level of competency...unless we go towards a economy with good deal of govt regulation i forsee these things happening unabashedly...we need stricter regulations on how layoff should be done...lastly cap CEO/VP salaries....So the million dollar question will the west now agree for tighter govt control on their beloved free market enterprise....

resistion
User Rank
CEO
Re: Takeaway message
resistion   8/16/2014 10:57:11 PM
NO RATINGS
We should have layoff polls or surveys to check this suspicion.

David Ashton
User Rank
Blogger
Re: Takeaway message
David Ashton   8/16/2014 8:03:13 PM
NO RATINGS
Spot on, Daleste!  If anyone complains about CEO's huge salaries compared to the workers, someone will say "Yeah, but if you halved it, that money would only be $ 20 per year per worker".  Yes, but the reverse is also true.  All a CEO has to do to justify his obscene salary is to lay off a few workers, or knock their pay, or say he can't afford to give them a raise.

I don't know what the solution is....tax high salaries at a super-high rate....make companies confirm to a bell curve of salary distribution....limit the differential between the lowest and highest paid workers in a company (include contractors so the CEOs can't snivel out)....etc.

Personally I favour if a CEO gets more than a certain amount (lets say more than the President of the US) he is put in the stocks so people can throw rotten tomatoes and eggs at him.  I think that would work....  :-)

daleste
User Rank
CEO
Re: Takeaway message
daleste   8/16/2014 1:37:59 PM
Cisco is doing the same as most large companies.  Layoff the older workers and replace them with younger or foreign workers.  Saves money for the bottom line to pay the CEO and they never get in trouble for age discrimination.

resistion
User Rank
CEO
Re: Takeaway message
resistion   8/16/2014 2:33:40 AM
NO RATINGS
I get your feeling but the East tends to follow the West, and this is an early lead from the West, since IoT just beginning. In other words, the East sees little personnel investment by the West, this early, they would also be cautious. Direct to overseas is for mature, developed tech. Maybe that's what IoT and IoE are.

zbo
User Rank
Rookie
Re: Takeaway message
zbo   8/16/2014 2:23:33 AM
NO RATINGS
Oh, they absolutely do need people to build it. Just not US employees - at least not citizens and permanent residents. Look for them to apply for more H1B visas and overseas (because "they can't find local talent here").

It'll be just the same with Microsoft's and Broadcom's recent layoffs.

resistion
User Rank
CEO
Takeaway message
resistion   8/15/2014 10:57:17 AM
NO RATINGS
The Internet of Everything doesn't need a lot of people to build, apparently.

<<   <   Page 2 / 2


Most Recent Comments
Loser99
 
joyhaa
 
elizabethsimon
 
Duane Benson
 
ccorbj
 
zeeglen
 
BobSnyder
 
TonyTib
 
Duane Benson
Top Comments of the Week
Flash Poll
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
Max Maxfield

Recommended Reads From the Engineer's Bookshelf
Max Maxfield
Post a comment
I'm not sure if I read more than most folks or not, but I do I know that I spend quite a lot of time reading. I hate to be idle, so I always have a book or two somewhere about my person -- ...

Aubrey Kagan

Have You Ever Been Blindsided by Your Own Design?
Aubrey Kagan
37 comments
I recently read GCHQ: The uncensored story of Britain's most sensitive intelligence agency by Richard J. Aldrich. The Government Communication Headquarters (GCHQ), Britain's equivalent of ...

Martin Rowe

No 2014 Punkin Chunkin, What Will You Do?
Martin Rowe
2 comments
American Thanksgiving is next week, and while some people watch (American) football all day, the real competition on TV has become Punkin Chunkin. But there will be no Punkin Chunkin on TV ...

Rich Quinnell

Making the Grade in Industrial Design
Rich Quinnell
15 comments
As every developer knows, there are the paper specifications for a product design, and then there are the real requirements. The paper specs are dry, bland, and rigidly numeric, making ...

Special Video Section
The LT8640 is a 42V, 5A synchronous step-down regulator ...
The LTC2000 high-speed DAC has low noise and excellent ...
How do you protect the load and ensure output continues to ...
General-purpose DACs have applications in instrumentation, ...
Linear Technology demonstrates its latest measurement ...
10:29
Demos from Maxim Integrated at Electronica 2014 show ...
Bosch CEO Stefan Finkbeiner shows off latest combo and ...
STMicroelectronics demoed this simple gesture control ...
Keysight shows you what signals lurk in real-time at 510MHz ...
TE Connectivity's clear-plastic, full-size model car shows ...
Why culture makes Linear Tech a winner.
Recently formed Architects of Modern Power consortium ...
Specially modified Corvette C7 Stingray responds to ex Indy ...
Avago’s ACPL-K30T is the first solid-state driver qualified ...
NXP launches its line of multi-gate, multifunction, ...
Doug Bailey, VP of marketing at Power Integrations, gives a ...
See how to ease software bring-up with DesignWare IP ...
DesignWare IP Prototyping Kits enable fast software ...
This video explores the LT3086, a new member of our LDO+ ...
In today’s modern electronic systems, the need for power ...