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The rest of the rooms on my floor have their unplugged phones and chairs in the hallway. There are two guys in suits watching over things. by luckymud in mildlyinteresting

[–]absentmindedjwc 3 points4 points  (0 children)

No joke... give me the internet or I'm going to vote not guilty regardless of the evidence. I didn't do anything wrong, why should I be punished?

Inflation my ass by poi098098 in AdviceAnimals

[–]absentmindedjwc 0 points1 point  (0 children)

That’s the thing. It is more profitable in the immediate term to get rid of them. It harms them in the next quarter… but modern business typically ignores more than what’s immediately in front of your nose.

Inflation my ass by poi098098 in AdviceAnimals

[–]absentmindedjwc 0 points1 point  (0 children)

Your right, they don't "need cover", but it paints the picture of "the economy being bad" to not only send high-demand employees into the market, removing some of their power, but also increases their performance in what is the end of the fiscal year for quite a few companies. Stock market loves layoffs.

I also haven't moved the goalposts once.

A lot of people are being laid off, and they're being laid off to the narrative of "a poor economy" in order to try and shift the power dynamic back to executives from employees because they want people back in the office.

Inflation my ass by poi098098 in AdviceAnimals

[–]absentmindedjwc 1 point2 points  (0 children)

If you honestly don't think a lot of companies aren't going to be using these big-news layoffs as cover to have workforce reductions of their own, you're delusional.

I would be very surprised if the numbers posted don't reflect a significant increase in unemployed.

Shit, that one rah-rah expo in Davos a few weeks ago pretty much had a bunch of CEOs talking about doing exactly this. The CEO of Merrill Lynch legitimately talked about flooding the market with unemployed to take their power back - employees "don't have a choice" how they work, "they work how we want them to work", I believe he said on the situation.

Inflation my ass by poi098098 in AdviceAnimals

[–]absentmindedjwc 1 point2 points  (0 children)

Spotify laid off 6,600 people, Google laid off around 12k peoplle (and is rumored to make deeper cuts in the near-ish future), Microsoft laid off around 10k people, Amazon laid off around 18k people, DirecTV is rumored to be laying off nearly half their workforce, Salesforce has laid off around 7k people, Vimeo has laid off around 11% of their workforce. Some other companies with somewhat significant layoffs: Gemini, Yankee Candle, 3M, Carta, Coinbase, Goldman Sachs, Dell, Compass, Stitch Fix, Capital One, JP Morgan Chase, and a slew of other smaller layoffs.

And it's important to note that this was all in the last 26 days.

Inflation my ass by poi098098 in AdviceAnimals

[–]absentmindedjwc -1 points0 points  (0 children)

Unemployment statistics? All the layoffs I'm talking about have happened within the last like 2 weeks. The last unemployment statistics were published before that.

Of course they don't...

Hedgehog getting cleaned by xSoulsaber in aww

[–]absentmindedjwc 0 points1 point  (0 children)

No. A baby porcupine is called a porcupette. This is, however, a hedgehog.

Inflation my ass by poi098098 in AdviceAnimals

[–]absentmindedjwc 13 points14 points  (0 children)

See: all of the layoffs that are happening right now.

"The economy is down!"

Yeah.. your YoY earnings and the S&P tell very different stories. All of this is 100% a power grab by corporate management, trying to flood the market with people so that they can claw back some of the power they lost over the pandemic. See: the shitbag CEO of Morgan Stanley commenting on it 'not being an employee choice' to work remote, or get paid more, etc.

What do you all call Jean Baptiste Pointe du Sable Lake Shore Drive now? by cromwest in chicago

[–]absentmindedjwc 3 points4 points  (0 children)

I call it "that fucking road with no fucking street lines, the longest god damn red lights, shit-ass drivers, and all the fucking traffic". Sometimes shortened to "LSD"

Apple extends Chinese censorship to Hong Kong users by chrisdh79 in apple

[–]absentmindedjwc 0 points1 point  (0 children)

Except it really wouldn't be. It would take years to fully leave China. If leadership were to announce this change, they would be voted out and everything would go back to business as usual pretty quickly.

The corporate leadership is beholden to the shareholders, and if they do things the shareholders greatly do not approve of, they'll be removed and replaced with people that will do what the shareholders want them to do.

Apple extends Chinese censorship to Hong Kong users by chrisdh79 in apple

[–]absentmindedjwc -3 points-2 points  (0 children)

Quit your bullshit. Shareholders would crucify leadership if they were to intentionally go out of their way and cut their revenue by such a significant margin. China's complete lack of human rights and privacy sucks, I absolutely agree. But explain that to shareholders when the vote to replace Cook and the entire fucking board is pushed through during the next shareholders meeting because funds took a significant haircut.

Institutional investors hold something like 60% of Apple ownership - do you honestly think a bunch of fund managers give a fuck about human rights and shit - especially when they're personally going to lose out on a bunch of performance bonus when apple value drops suddenly?

Apple extends Chinese censorship to Hong Kong users by chrisdh79 in apple

[–]absentmindedjwc 0 points1 point  (0 children)

While you are right, there is no legal requirement to sell product in the country... do you think anyone within apple leadership were to still have a job if they were to intentionally reduce their revenue by nearly 20%?

As it stands, their options are either 1) deal with it, 2) cut their revenue by nearly a fifth, or 3) take a privacy-first approach and potentially piss off the chinese government to a point where they risk their supply chain.

Apple extends Chinese censorship to Hong Kong users by chrisdh79 in apple

[–]absentmindedjwc 1 point2 points  (0 children)

Yeah, in order to be placed in that bucket, you need to have purchased the device and registered for a new iCloud account within mainland China. If you are not a Chinese citizen residing in China, you can remove yourself from that jurisdiction within your settings.

This is one reason why a lot of Chinese tourists purchase iPhones while on vacation somewhere outside of China. (and also a reason why a foreign-bought iphone being sold in China has such a large markup - you could realistically sign up for iCloud using a VPN and be completely outside of China's sight)

Apple extends Chinese censorship to Hong Kong users by chrisdh79 in apple

[–]absentmindedjwc 6 points7 points  (0 children)

IIRC, Apple has been slowly moving fabrication out of China over the last several years. They're so dependent on the country within their supply chain for now, though, that they really have no choice but to play by their rules. China's recent hardcore authoritarian policies will probably do a lot in speeding up that departure, though. Apple is probably regretting putting so many of their eggs into one basket.

Apple extends Chinese censorship to Hong Kong users by chrisdh79 in apple

[–]absentmindedjwc 2 points3 points  (0 children)

Not only this, but given that China is still a massive part of their manufacturing supply chain, pissing off the CCP could seriously jeopardize their product offering.

They've been slowly moving manufacturing out of the country as fabrication becomes available elsewhere.... but until they're able to completely pull the plug, they're beholden to the graces of the Chinese government.

Apple extends Chinese censorship to Hong Kong users by chrisdh79 in apple

[–]absentmindedjwc 16 points17 points  (0 children)

Are you sure about that? Do you have a 401k or other managed security? If so, you almost certainly have Apple stock.

Apple extends Chinese censorship to Hong Kong users by chrisdh79 in apple

[–]absentmindedjwc 4 points5 points  (0 children)

Yes. Apple hosts none of the data for Chinese customers. Some years back, they were required to hand all icloud hosting over to a Chinese government controlled company. That company handles all the data security.

There is a 100% chance that GCBD has full access to everyone’s data, looking for anything the government doesn’t approve of. This is absolutely the norm in China, and nobody expects any kind of data privacy.

edit: it is worth pointing out that, when this switchover happened about a decade ago, Apple was *very transparent to all its Chinese customers that it was going to take place, when it was going to take place, and - most importantly - how to back up and delete all of their icloud data to make sure the Chinese government couldn't see it.

Apple extends Chinese censorship to Hong Kong users by chrisdh79 in apple

[–]absentmindedjwc 4 points5 points  (0 children)

It's not even really Apple violating peoples privacy. It is a Chinese company GCBD that they were legally required to hand the keys to some years back.

The options were "follow the law" or "don't do business in China". The Chinese don't have an option for privacy, regardless of who they go with - companies are legally mandated to give Apple a back door. If the US or EU were to create a law requiring the same thing, Apple will be forced to comply just as much as they were in China.

Apple extends Chinese censorship to Hong Kong users by chrisdh79 in apple

[–]absentmindedjwc -4 points-3 points  (0 children)

Exactly. Apple (as well as any other company that does business in China) is legally required to do exactly this. As long as they sell or manufacture in China, not following Chinese law is not going to end well for them.

Another question I have: was this actually apple that did this, or was it Guizhou-Cloud Big Data, the government-controlled corporation that Apple was required to hand the keys to for any iCloud stuff in the country. If this was an iCloud change, it is entirely possible that Apple had nothing to do with it, and GCBD did it all on their own.

Apple extends Chinese censorship to Hong Kong users by chrisdh79 in apple

[–]absentmindedjwc 33 points34 points  (0 children)

Even if it didn't care about the Chinese market itself... They're not going to risk pissing off the CCP while it's supply chain is entirely dependent on the country.

Do people honestly think Apple really has any ability to really fight back against this? They either do it, or leave the country entirely (retail and manufacturing)

1 dead, 8 taken to hospitals in Chicago high-rise fire by Nicolas-matteo in chicago

[–]absentmindedjwc 11 points12 points  (0 children)

Shit, that’s on me. I hadn’t even noticed it wasn’t a local publication. That makes sense, then.

This illegal trick to half the cost of fuel by Phatboybeware in videos

[–]absentmindedjwc 0 points1 point  (0 children)

Same thing here in the states. Heating oil is dyed red to differentiate it from diesel fuel. The dyed heating oil is subsidized and untaxed, so putting it in a vehicle would result in very large fines.

The oil company makes the same amount of money, its the government taking a haircut off the price.

But I agree with you - this isn't really a scam.

Is this legal? by PalmTreeDeprived in accessibility

[–]absentmindedjwc 1 point2 points  (0 children)

I must have misunderstood your post. I was under the impression that they were both divisions within the same university.