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Chief
Hi,
My name is Bharath, currently, I am working as an information security analyst on the support side. I want to move from the support side to Selenium testing as I did certification in it. My preferred location is Hyderabad. Please help me out to switch my job role. My email id is bharathkumargudiwada@gmail.com
Hi ,I have been interviewed and selected in S&P Global .salary almost negotiated and waiting for the offer letter to release. But seems like they are not willing to release the offer because of my 90 np . They are asking to join by 60 days but initially I told them my NP is 90. Even I am ready to take the 60 days offer but now they are not releasing offer as they want assurance.Now they are not picking calls.seems like i will loose the offer. Is there anything can be done.
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Rising Star
Most exotic name you’ve heard: drop below!
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Chief
Conversation Starter
Pro
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Easy, comrade
Rising Star
I just wish Jeff wasn’t such a CHEAPSKATE. He can afford to donate to charity in addition to funding his pet projects such as Blue Origin. I’m glad his ex-wife MacKenzie is committed to making the world a better place. She seems like a great person.
Rising Star
You still seem to think because people take jobs the market is effective at setting wages. Increased employer concentration leads to monopsony power. Apple and google or the big 4 were simply an example.
Below is a study on employee concentration within the US. Where they find that increased employer concentration leads to lower wages. This goes back to uneven bargaining power. You do you. But when you act as if unskilled people are getting a fair wage because they take jobs I'm baffled. I'd argue the deck is stacked against them. Water would clear the market at just about any price if utilities had a monopoly. Sort of like labor clearing at lower wages because people need money.
When you see things like 14% of people earning $40K or less having to sign non-competes, lower distributions of profits to labor, lower levels of competition in general among corporates, crowding out of new business formation, regulatory capture, illegal wage practices (ahem Walmart), lower levels of social mobility, weakening of collective bargaining or increased employer concentration within geographies it might be useful to wonder how this impacts wages and whether wage seeing mechanisms are doing a good job. Apparently you think they are but I'm going to disagree and leave it here.
https://rooseveltinstitute.org/how-widespread-labor-monopsony-some-new-results-suggest-its-pervasive/
No ones stopping you from building a competing business to Amazon and take them down.
Pro
There are several active FTC investigations into amazon.
Demand for certain services will go up during a pandemic or any other adverse event lol can you explain further why you seemingly prefer for everything to be doing poorly? Are you bothered by zoom doing well too?
Chief
Welcome to the world OP...but I do think doing anything to harm specific company’s or industries from prospering is incredibly dangerous
What’s the alternative? Make them give everything away at cost? Make them shut down (resulting in fewer options during stay at home)? They built a service that current conditions favor; it’s not like they’re price gouging.
OP wants equal results not equal opportunity. Amazon is a phenomenal service that many in the world love using.
I guess I mean employees in the distribution centers.
That's not what I heard.
Chief
“No one should be successful in a pandemic”
Again, I said "benefiting".
Rising Star
We should all die during a pandemic! No one should be thriving alive!
I said "benefiting".
Conversation Starter
OP you misunderstand market valuation. $1T valuation means investors believe the company is worth that much. It's all speculation and only loosely tied to profit.
Market Value = Stock Price x Quantity
Stock prices go up for many reasons, not necessarily because profits increase. It's all soeculation. $1T valuation doesn't mean that Amazon is sitting on a pile of $1T in cash.
And them being worth $1 Trillion doesn't mean they have $1 Trillion. They could lose $100 billion in value tomorrow.
Companies benefit when people choose to give them money. Is it wrong for toilet paper brands, sanitizer companies, and supermarkets to be benefiting right now? Is it wrong for people who invest in stocks now to make a profit when the economy goes back up? Is it wrong for Deloitte to get new work as a result of coronavirus? Get off your high horse, commie!
A company’s value based on stock market is at 1 Trillion but have you seen their operating margins and profit? It’s not like they are popping champagne for double digit profit margins. This is true for most tech firms. E.g., Uber lost $8.5 B in 2019. Amazon net income in 2019 was $2.1B. Value based on stock market for techs don’t mean much. I’m open to hear y’all opinion.
So people should not be buying Amazon stock at this time?
Their stock has been worth 1T several times in the past.