Poging GOUD - Vrij
What promoters of hard work don't get about workers
Mint New Delhi
|March 10, 2025
The passion of workers, unlike of bosses, isn't work—which is so dreary they wouldn't do it if it didn't pay
About 20 years ago, the five-day week was not common in India. Some people in an office in Mumbai approached their boss to demand it. The boss said he had no problem with this very modern global idea; he would ask the proprietor. But, he said, they should know what the owner would probably ask. "So the work that takes six days now can be done in five?" If the answer is 'yes,' he would consider the office overstaffed, proceed to sack 17% of the workforce and retain the six-day week for those who survive.
I don't think the boss was exaggerating. This is how most owners think even today, notwithstanding the fact that they have made peace with the five-day week. They want people to work hard because they believe that's what workers should do. And 'work-from-home' is not their idea of work.
A few days ago, Jamie Dimon, chairman and CEO of JP Morgan Chase, rebuked his employees for resisting his demand to end work-from-home and return to the five-day week system. Over 1,200 employees had signed a petition asking for more flexible working hours. In an address to the bank's employees that was leaked on the internet, he is heard saying that they were too distracted on Zoom, ".looking at your mail, sending texts to each other... I call a lot of people on Friday... not a goddamn person to get a hold of... I can't stand it anymore... I come in and I'm like, 'Where's everybody else?'... We didn't build this great company by doing that. By doing the same semi-diseased [bleep] that everybody else does."
Dit verhaal komt uit de March 10, 2025-editie van Mint New Delhi.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint New Delhi
Mint New Delhi
Why ride-hailing platforms are facing GST review
Ride-hailing app firms following the subscription model-where drivers pay a fixed fee instead of the app charging a commission on each ridedo not pay GST and are pushing for the status quo to continue. The GST Council is set to review the GST law. Mint explains:
2 mins
May 13, 2026
Mint New Delhi
Elon Musk's Grok is losing ground in AI race
Elon Musk’s artificial-intelligence model, Grok, lags far behind its fast-growing competitors—and an agreement by parent company SpaceX to rent massive computing power to Anthropic raises questions about whether it can still catch up.
3 mins
May 13, 2026
Mint New Delhi
Tech firms tweak billing, from man hours to machine tokens
As artificial intelligence (AI) takes on larger chunks of software work, more information technology (IT) services firms are working out new ways to charge for it.
3 mins
May 13, 2026
Mint New Delhi
Ministers, policy heads note war hit, chart way forward
India’s economic and policy leadership is bracing for the fallout from West Asia, with senior officials cautioning that elevated oil prices and supply disruptions could strain inflation, the current account and the rupee.
3 mins
May 13, 2026
Mint New Delhi
Lawsuits as asset class? Investors are betting on it
Investors are beginning to finance commercial lawsuits in India in exchange for a share of future settlements or court awards, as litigation funding—a niche alternative asset class long established in some global markets—starts to take shape locally.
2 mins
May 13, 2026
Mint New Delhi
Stocks slump, worries rise on war, options unwinding
Sensex, Nifty down over 1.8%; Investor wealth worth ₹10.95 trillion wiped out
4 mins
May 13, 2026
Mint New Delhi
Food monitor pings Whole Truth over 'no added sugar'
India’s food regulator has issued a show-cause notice to Fitshit Health Solutions-owned The Whole Truth over labelling that its chocolate products contained “no added sugar,” a move that could have a broader impact on how companies make and consumers perceive such claims.
4 mins
May 13, 2026
Mint New Delhi
How DIY investing is driving Gen Z's approach to wealth
Young investors are increasingly betting on equities, ETFs, crypto and other riskier assets
3 mins
May 13, 2026
Mint New Delhi
Bengal to join Digital Agriculture Mission soon
With the new Bharatiya Janata Party (BJP) government taking charge in West Bengal, the state is expected to shortly join the Centre’s Digital Agriculture Mission (DAM) in a major push towards technology-driven farm reforms, said two government officials close to the development.
1 min
May 13, 2026
Mint New Delhi
Diaspora dollars: useful if not taken for granted
With India’s foreign-exchange reserves at $691 billion, we can breathe easy on the external front for now. Credit the Indian diaspora for some of this. But we must do our bit as well
2 mins
May 13, 2026
Listen
Translate
Change font size
