Life at Up Up and Away Investment Management International: Chapter 21 Particularly annoying habits of largecorps controlled by Yankees

Chapter 21

Particularly annoying habits of largecorps controlled by Yankees

A Sense of Brutalism: Canadian capitalism has a nasty side to it but at least there has been a touch of paternalism and a tiny sense of caring for employees. Largecorps in Canada that are controlled by Yankees really have no pretense of paternalism and any care for employees is self-serving and transparently shallow. The history of unionism in the United States shows a bloodthirsty anti worker strain. Murderous in fact and particularly virulent in the coal mining sector which is more relevant to me as I have made references to coal mining Industrial Revolution child labour practices in England and compared them to largecorp workers in office towers. Just see the documentary “Harlan County”.

Working for Up Up and Away USA and working for a Canadian largecorp CRAP taught me that Canadian largecorps are nasty but that largecorps controlled by Yankees are even more brutal to employees. Perhaps the worst example of Canadian largecorps was the treatment of Chinese workers imported to build Canadian railroads in the mid 19th century. While Canada moved beyond that terrible transparent exploitation of labour the Yankees never seemed to progress further than setting Pinkerton security guards on murderous rampages against striking employees in the midst of unionization drives.

Yankee controlled largecorps still maintain a hatred for employees and continue with a robber baron mentality about raiding corporate coffers to bulge their pockets with profits. Armed with slick lingo supplied by in the pocket management school graduates they have rationalized their hatred of employees. It has been replaced by “Management Psychology” and “Productivity of the Workplace” but there is something evil, aggressive and hateful about American largecorps towards their employees. American CEO’s even look evil and threatening. The CEO of Up Up and Away America looked like a gangster, quite like right hand hatchet man to former President Trump, Mike Pompeo.

I get a chill listening to them particularly when they pretend to care about employees which is not often. In the years I worked for Up Up and Away Canada any communication from Up Up and Away America’s CEO was brutally cold. He was a square jawed and button downed psychopath droning on about expense reduction and the sacrifices employees must make in the holy altar of shareholder return. His employee sacrifice bent was becoming tiresome but SEC filings concerning his compensation certainly showed no sacrifice on his part! His pay package had skyrocketed while I hadn’t had a salary increase in three years. All my legal colleagues just kept getting flattered each Christmas by our General Counsel in New York thanking us for our sacrifices yet warning us of further sacrifices to be made in the upcoming year. These communications warmed our hearts! And near the end of my tenure salary freezes were continual for the legal team. Were all employees now like some sacrificial lamb to analysts? How long can you be a chump?

This hatred is exceedingly difficult to detect but listening to the edicts of Yankee largecorp leaders the hatred of workers is nuanced and reflected right back at largecorp caused by its brutal downsizing, outsourcing and squeezing of employees. Largecorp Senior Management Team behaviour sends a strong message that employees are a lowlife commodity to be manipulated and exploited on one side of the mouth yet supposedly cared for on the other side of the mouth.  The result is that reality shows downsizing and outsourcing are more important than any sense of Americanism and patriotism. Up Up and Away at one point had 7,000 Indian employees which leads to one conclusion Up Up and Away USA had about its employees and its patriotism.

How many times have I seen the Governor of New York State or Mayor of New York City snuggle with the CEO of Up Up and Away America expressing gratitude about the employment of New York citizens at Up Up and Away America all during downsizing and outsourcing by Up Up and Away to India! There are few things worse than a suckered in politician

In listening to the various CEO’s of Up Up and Away America over the years my perception is that they are Americans with very little compassion or empathy except to line their own pockets. There is a simmering hatred of labour and an indifference to the destruction of American society through outsourcing and downsizing. Canadian largecorp is mean but according to my experience American largecorp is relentlessly brutal and vicious like Quentin Tarantino villains. Is there any wonder Donald Trump was once the President of the United States? I see so much of Charles Manson in the faces and language of Yankee largecorps CEO’s it is chilling.

The Inability to Let Go: MostCanadian largecorp employees are not afraid to take all their vacation days and leave their mobile phones turned off. Yankee largecorp employees are the worst in the industrialized world on forfeiting vacation time and keeping their phones on at the beach whilst on vacation. In fact, they are proud of their sacrifices. What idiots. Again, productivity and mental health studies have shown this type of behaviour is very unhealthy and counterproductive. Yankee largecorp is so terribly stupid and obsessed with short term profits that they can’t see this route of self deprivation leads to workplace stress, disability claims and decreased productivity. But then again the SMT thinks of short term profits creating immediate larger incentive payments. Who amongst them cares about the long term!

Skipping Lunch: The Yankee largecorp encourages not taking a lunch break and instead hunching over your desk gobbling lunch tapping away on the keyboards. Again, productivity studies have shown this decreases productivity. I almost always took an hour break to go for a long lunchtime walk. I return energized while most of my colleagues are looking sallow and tired, but God bless their devotion. When they are terminated let them realize what chumps they were!

No Concept of Personal Time: Yankees are obsessed by the importance of what they are doing. So, so important! No personal time should interfere. Smartphones and VPN access are open 24 hours a day. To hell with family or personal time. Slavery may have been formally abolished in the United States for blacks but for the largecorp office tower worker it flourishes! As largecorp USA operates in different time zones, particularly with outsourcing, there is no clear definition what a workday is.

Fear of Termination: United States severance packages are about a quarter of what Canadians receive unless of course you are in the Senior Management Team. Americans then have a greater reason to fear employment termination than Canadian do. Is this then why they are more easily manipulated by largecorp America than Canadian largecorp? Is this but another inducement to work themselves to the bone. The lack of socialized medicine in the United States is also a big threat to an unemployed former American largecorp employees as when that employee is terminated employer subsidized medical insurance is also terminated.

Brownnosing: I have found that Yankee largecorp employees are obsessed with aligning themselves with and being noticed by their leader. Vying for attention and being noticed is crucial. I can recall on a trip to New York to meet our new corporate legal leader I was actually elbowed out of the way by my Yankee legal colleagues. Desperation beyond belief. 

Arrogance: I made many friends at Up Up and Away America. I was their equal. However, there were some, more on the business side than the legal side, who treated Canada as a second-class socialist state. There is some terrible fear in America about socialized medicine that makes Canadians appear as bad as Kom Jung-un’s North Korea.

I’d also say many Yankees view themselves as superior to the rest of the world. Being an empire in decline this is hard to understand.

Published by Robert K Sephen (CSW)

Robert K Stephen writes about food and drink, travel, and lifestyle issues. He is one of the few non-national writers to be certified as a wine specialist by the Society of Wine Educators, in Washington, DC. Robert was the first associate member of the Wine Writers’ Circle of Canada. He also holds a Mindfulness Certification from the University of Leiden and the University of Toronto. Be it Spanish cured meat, dried fruit, BBQ, or recycled bamboo place mats, Robert endeavours to escape the mundane, which is why he has established this publication. His motto is, "Have Story, Will Write."

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