Originally Posted by
Mr_Teal
it was not a merger, it was a trickling buyout (hinay2x for short)
stream expanded so fast within 2 years that they already considered options to cut down unnecessary expenses ($72M in 2007 to $500M in 2009 to projected $1B in 2010). when you buy a company that is almost as big as you, your reserves dwindle significantly. so they decided to trim things that can be trimmed. Except for the change in compensation structure from fixed monthly to hourly, i agree that most changes were still within the contents of the labor code.
legacy etel employees were "spoiled brats". we were pampered. what do you expect? top management from VP and up have roots centered on customer service (Benedict was started as a TL for Smart customer care). they were bred to please the customers, and these customers are those on the front line. unfortunately, stream is different. Scott Murray is a hard-line businessman and so are most of the executives. and when they talk, its numbers that matters; money down to the very cent. we are just not used to being businessmen that we feel that it is unfair. they are doing what they have to do to grow their business. unless us where we loss thousands, when stream fails,
i think the biggest problem now with stream is the communication. with the integration, people expect clear and concise information so that we will know what our future holds in this company. take the bi-weekly pay for example. before the cascades were done, it was reviewed and approved by HR and payroll that it will never be a no-work-no-pay. guess what, when pay date came, IT WAS! you are misleading the very people that are the very source of your income!
how do they expect people to cooperate and bear with the transition when they are misinformed!
and please remove the I2 site director! such a smart-ass! so quick to own praises and recognition but quickest to blame and point fingers to subordinates when issues arise
Bullsh*t! eTel employees were spoiled brats because they were pampered? use your common sense d*mmy!. I suppose you were pampered by your parents, are you spoiled brat?
Steam should pay eTel employees because it's a buyout not a merger. It's a breach of contract because eTel employees didn't sign a contract regarding the new salary system, etc.etc.
If eTel employees were spoiled brats. Why you can still see them working in that "pangilad" mismanagement of that new company?