Friday, January 13th, 2023, 4:41 am
How the ‘Family Business’ Mindset of Sirius Brought in Unqualified Workers
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Impact of Sirius Nepotism
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Summary: Today we focus on nepotism at Sirius ‘Open Source’ — a subject we’ll cover some more tomorrow; in the video above I add stories that were left out or only partly covered in the text
AS noted in Rianne’s departure message, she was bullied and falsely accused. She wasn’t part of the “clique”. The “clique” always sacrifices those outside the “clique” first. It protects the salaries of the loved ones.
As the video above explains, managers started bringing relatives and sexual partners into the company in spite of a lack of qualifications. Over time this would render the company increasingly incapable of carrying out actual work.
As it stands at the moment, we’re talking about a company that has managers who pay themselves a large salary while sliding or shelving away the debt (or growing deficit) into the shell of a company, likely to dodge its financial liabilities some time in the future. A lot of the staff was underpaid and for over a decade the salary wasn’t increased to keep up with either seniority or inflation.
The sad decline of the company ought to be explained. There are companies out there that made similar mistakes and managers claiming that they took a paycut (without ever holding themselves accountable for their mistakes) is a symptom of infantile administration. We reckon the company might file for “administration” (insolvency) some time before it turns 25. The offshore shells (US) serve no real purpose anymore. Gates Foundation never intended to salvage the CEO’s business.