I’ve noticed a disturbing trend at the work place. Instead of hiring an adequate work force many employers are becoming slave drivers. They make one person do the work of two or three in an effort to save money. This has several collateral consequences. For one thing this can cause more mistakes, and in the case of dangerous work this is deadly to employees. In addition this trend is a major source of unemployment.
UBS, Citigroup, ABN Amro, Barclays, Bank of New York Mellon, Credit Suisse, Goldman Sachs, HSBC, Lloyds, State Street, Wells Fargo, and finally Bank of America are all talking about massive lay offs. Bank of America may actually cut 10,000 jobs which would mean a 3.5% reduction of their work force. When the biggest financial institutions are opting to run skeleton crews we are in serious trouble. Most jobs in America are service jobs or financial jobs. I say we need a radical reduction in CEO compensation. If they really believe in their company they can take one for the team, and realize that the needs of the many outweigh the needs of the few.
We may not be able to force corporations to hire more workers, however those of you that are being worked to death are in a unique position to strike back. I encourage anyone who is being overworked to immediately slow down production. If your employer wants to hire an inadequate workforce then you should provide inadequate productivity. It’s time for us the American workers to get serious and start fighting back. Even if you live in a right to work for less state you can still slow down production. Sub standard wages should always be met with sub standard work.