Bank boss sorry after describing workers as 'lower value human capital'

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Bank boss sorry after describing workers as 'lower value human capital'

(bbc.com)

by tartoran

hawkice
31d
I think you can report someone apologized, but cannot attest to their internal mental state enough to impartially report that they're sorry.
1. onemoresoop
  01d
  Just like a criminal who blew their cover, they’re sorry not for the infraction, but for getting caught.
2. InsideOutSanta
  11d
  I'm pretty sure the headline is sarcasm.
  1. secretsatan
    01d
    I’m getting more of that vibe from the bbc nowadays as there forced more to support both sides where one side has lost all grip on reality.
jeffwask
41d
These articles always make me think of the South Park BP Oil episode. "We're sorry. So sorry..."
1. ykonstant
  01d
  For easy access: https://www.youtube.com/watch?v=PU4gBzEnQ6M
  Statements like that one deserve all the ridicule we can pile upon them.
justonepost2
01d
By the way, these are the people who techno-optimists believe are going to take care of you in the post labor future.
lousclues
41d
Stories like these really help highlight how bad the bubble some people surround themselves with. Imagine being so out of touch you describe another human being as "lower value human capital".
1. JumpCrisscross
  01d
  Goldman Sachs renamed HR human capital management when they were still known for being the smartest people on the street. So the convention of calling employees human capital stuck. From there I can totally see how the other, much longer-lived, convention of rating employees as high and low value bled over.
aitchnyu
01d
This boss must have inspired this internet stranger to coin:
> HR sounds like they held him back from liquidity in human capital.
Context, about a different company: https://news.ycombinator.com/item?id=48213991
cybercatgurrl
022h
this guy doesn’t do optics. you don’t say shit like that even if it’s what you believe. most people can’t handle that level of detachment from human labour. it’s too impersonal. viewed as cruel even. even if he’s that detached he has to maintain a level of innocence to keep his workers compliant
ChoGGi
01d
I don't live on that side of the pond, but let's hope tar and feather futures see an uptick.
fred_is_fred
11d
Bank boss is sorry that you're mad, not sorry he said it.
1. cybercatgurrl
  023h
  precisely! he’s only sorry you know how he thinks. the reality is he means it and would take every opportunity he can to squeeze and optimise away human labour for his own benefit
rvz
01d
"lower value human capital"
There you have his admission of what he really thinks of his employees even after layoffs.
Some may accept his apology, but I don't think the internet will.
Make that of what you will.