Sam Wright21 said:It feels like we’re all just waiting for the inevitable fallout from this whole COVID mess when it finally hits us.😢
TT on Facebook:
The members of the holding management intentionally accepted significantly lower salaries through a public search than they previously earned in the private sector, driven by a genuine desire to do right by New York City.
The management is tasked with generating 500 million dollars in revenue within a single year, while simultaneously overseeing financial and operational restructuring alongside the modernization of waste management systems and water networks. Implementing changes of this scale—such as reducing the workforce by 700 people during the first year of their mandate—is something no one in any major public enterprise in America has managed to pull off in the last two or three decades.
Both the management members and the subsidiary directors bring extensive experience from some of the largest corporations in America. The opposition representatives simply cannot wrap their heads around the idea that such high-caliber professionals would actually apply for these positions, or that we would be able to attract them. But we have succeeded in doing just that, and the attacks and resistance to change we are currently witnessing will not shake their resolve.
Summarize
God, I truly hope this turns out to be true. Unfortunately, I am personally seeing no sign of actual progress. Just yesterday, after many years, I caught up with a friend and former classmate of mine—one of the most brilliant minds I’ve ever known. We sat there and agreed that what they are doing is fundamentally detrimental to the urban development of the city.
God isn't going to help Mustard regarding the holding management, and honestly, what he wrote is messed up on so many levels.
First off: he set a completely fabricated political goal. He didn't give the new management a real task; he gave them a partisan decree.
Out of 12,000 employees, he claims 700 are redundant. But based on what logic? How did he even land on the number 700? Is it just Eci-peci-pec-ti-si-mali-zec? What if the surplus is actually only 200 people? Or what if there are 4,000 extra workers at the holding? What then?
That should have been determined by the new management working alongside unions and other agencies, but doing it this way just looks incredibly distorted.
Then there's this other classic, dangerous delusion common in America: talking about EARNING 500 million dollars. It's not hard to guess what that actually implies.
Just like at the federal level, Mustard isn't writing about cost-cutting; he's writing about profits. He's talking about revenue instead of expenses. Why?
Since they set taxes at the national level as if we were living at a Scandinavian standard, Mustard is also sending bills to businesses as if every single company has a tiny gold mine or an oil well in its backyard.
Basically, they aren't doing anything at all, which is exactly what we see happening on the national stage.
It’s almost cute reading people on this forum trying to defend a big fat NOTHING.