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

I think you can report someone apologized, but cannot attest to their internal mental state enough to impartially report that they're sorry.

20 hours agohawkice

Just like a criminal who blew their cover, they’re sorry not for the infraction, but for getting caught.

20 hours agoonemoresoop

I'm pretty sure the headline is sarcasm.

19 hours agoInsideOutSanta

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.

18 hours agosecretsatan

These articles always make me think of the South Park BP Oil episode. "We're sorry. So sorry..."

20 hours agojeffwask

we must be the same age or have the same sense of humor. This is what my mind went to immediately.

20 hours agosidewndr46

My first tech job coincided with the first season of South Park.

19 hours agojeffwask

I am truly, deeply sorry for revealing my true feelings on how much I value some of the employees that helped me become utterly, filthy rich. It will not happen again.

20 hours agojchw

By the way, these are the people who techno-optimists believe are going to take care of you in the post labor future.

18 hours agojustonepost2

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".

20 hours agolousclues

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.

19 hours agoJumpCrisscross

Imagine how broken society has to be for this situation to occur in the first place, and then only need to issue a public apology to not get cancelled by the potential mob backlash.

It's very clear that reality happens in private and a 'im sowwy' should not be the only downside of devaluing life..

Or build yourself a bubble and then ignore everything outside of it? *shrug

19 hours agox______________

They have run out of euphemisms.

19 hours agotanseydavid

AI will produce an infinite supply of high-quality euphemisms, making our existing drone...er...associates more productive and allowing us to eliminate the now redundant Department of Pleasantries and returning 4 headcount to our shareholders.

9 hours agokjs3

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

7 hours agocybercatgurrl

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

15 hours agoaitchnyu

I don't live on that side of the pond, but let's hope tar and feather futures see an uptick.

12 hours agoChoGGi

Bank boss is sorry that you're mad, not sorry he said it.

20 hours agofred_is_fred

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

7 hours agocybercatgurrl

"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.