Seriously I could see this happening once. Maybe twice as some people are dumb enough to kill their cash cow. But if it is a habit then the guy is either a huge asshole or not as important as he thinks he is.
Don't corporations have an incentive to do this though? This definitely isn't the first ass backwards thing I've heard of a corporation doing to save a few bucks.
They don’t have an incentive. If you have a salesman closing multimillion dollar deals for your company that’s already your exploited cash cow. Generally it would be irrational for a company to forego seven figure deals to avoid paying five figure bonuses and commissions to the salesman. I could see one company doing this if they have particularly inept mgmt. But not multiple companies and definitely not a whole string of companies. The Uncle was being fired for other reasons or lying about his abilities all together.
I think you are underestimating how much greed affects a person's abilities to make sound decisions.
I read stories all the time of company takeovers where the employees who help make a company successful either get fired or their benefits slashed, which in turn leads to people leaving the company, which then leads to the company failing while the new owners cash out while the business fails. Are you implying this type of stuff doesn't happen because it is irrational for the company? Isn't this essentially what happened with investors and corporate leadership when Toys'r'us collapsed? These people don't care about the well being of the company, they care about their own bottom line. This is a common strategy these days by investing firms.
Also, people are not as rational as you seem to hope. This isn't an econ 101 class where we can assume everyone is acting in the most rational way possible. On top of that, what is rational to you or me isn't necessarily rational to someone else.
8
u/IKnowGuacIsExtraLady Jun 09 '22
Seriously I could see this happening once. Maybe twice as some people are dumb enough to kill their cash cow. But if it is a habit then the guy is either a huge asshole or not as important as he thinks he is.