Comcast Quietly Fired Hundreds in Direct Sales before Christmas

Crosshairs said:
Yes, and in this case, they are scumbags that will lie right to your face to get the sale...fuck them all...Im glad they fired them.
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Sounds like they should run for office. They have all the necessary skills already. :p
 
mdzcpa said:
I'm not going to get on here and start political bantering as it serves no purpose. I will say that what most folks don't get is that a majority of Americans are employed by small business, not mega corporations. I'm the CFO for a trucking company that has 800 employees. In a capital intensive business we need a solid POST TAX profit in order to have the cash to invest in more trucks, trailers, etc. Taxes have been killing us. If you think about it, current corporate tax rates have the highest bracket of 34/35% kick in at incomes over $335,000. That might sound like a lot of money to some of the less business experienced folks on this forum, but in the real world that's peanuts.....especially considering 1 new Class 8 heavy truck costs about $138,000 and has a life of about 5 -7 years. When the government comes in and takes 1/3 of your earnings after $335,000 its devastating to a capital intensive business.

Our reaction to the tax cut is already under way. We have put in a new truck order and have began hiring more drivers. We also now need more mechanics and operations personnel. We are also raising wages to attract these new employees.

Trickle down does not sound sexy when you think about Comcast, GM, GE or the other behemoth companies. But given that small business employs 60% of American workers, there is little doubt that lower taxes will driver job and wage growth. I'm living it first hand. Regardless of your political leanings, job growth and wage growth are the recipe for the growth in the middle class. The government cannot tax the heck out of job creators and create jobs and wage growth. I'm not a fan of the current administration but I am a fan of a vibrant economy.
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A company with 800 employees is not a small business.
 
NIZMOZ said:
But people in your position get paid $500k+, while all these little people get underpaid, and you complain about stuff like this. How about take a major salary cut since most of people in your positions don't do anything, to help pay for those things you are complaining about and the lesser employees.
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You sir, have NO idea what you are speaking of. How you presume to know what I make only demonstrates your ignorance. This is a FAMILY owned company and my salary comes no where near what number you decided to blurt out. Stop being brainwashed by the media. Oh, and by the way, I took my pay cut 3 years ago. 20% to be exact. No increases since. The owner hasn't had a paycheck in 18 months. You sir are part of the problem.
 
NoOther said:
Man mdzcpa I did not knowing you were making so much bank with $500k+ and possibly more than your company net profit. Props to you man, keep up the good work!
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LOL... No worries. I didn't come back here for days to even bother checking the this thread because I knew that those poor souls that have bought into the victim-hood role the far left wants folks them to believe in would have something negative to say regarding my post. I've worked this job for 20 years and I love my company and it's employees. We are family. NIZMOZ just doesn't have a clue to what he's talking about. He has no idea about me or the company I work for. But these kind of folks identify themselves pretty quickly with outrageous posts and are easily disregarded.
 
tikiman2012 said:
A company with 800 employees is not a small business.
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Yes sir, we are. We are a privately held family owned business. We are not a large publicly traded company. Compared to Comcast which has 153,000 employees, or ATT with 246,000, yes, we are quite small with 800 employees.....especially when you consider that we have 600 drivers, 80 mechanics, and 120 operations and admin personnel. A big trucking company we are not. And we are hanging on by the skin of our teeth trying to protect 800 mortgages and families. We are a very family oriented company.
 
A 800 employee company is not a small business though the exact legal definition is variable by industry for tax and regulatory purposes if you want to get technical about it.

Just because you're smaller than a mega corp oligopoly company, not publicly traded, and privately owned doesn't matter either.
FearTheCow said:
Your buddy Obama and friends made healthcare more expensive
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The stated purpose of the PPACA was to reduce the rate of healthcare cost growth which it was successful at.

Everyone knew it wouldn't actually drop the cost of healthcare which was one of the big crticisms against it from the Left and why most actual Lefties wanted Medicare-For-All and not a retread of the 90's Repubs "private business" solution.

FearTheCow said:
and the economy has been anemic for 8 years under that loser, why the fuck do you want to keep doing things the liberal way since its obvious it just fucked you for 8 years.
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Congress holds the purse strings remember?

If businesses aren't willing to or can't spend and Congress blocks spending bills for things like say infrastructure or WPA-esque jobs while also pushing austerity whenever possible there wasn't much of anything Obama could do to really boost GDP.
 
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mdzcpa said:
Yes sir, we are. We are a privately held family owned business. We are not a large publicly traded company. Compared to Comcast which has 153,000 employees, or ATT with 246,000, yes, we are quite small with 800 employees.....especially when you consider that we have 600 drivers, 80 mechanics, and 120 operations and admin personnel. A big trucking company we are not. And we are hanging on by the skin of our teeth trying to protect 800 mortgages and families. We are a very family oriented company.
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Well it's just semantics, but a store that hires 5 people is what most people think of when it comes to small business. The average salary for truckers is about 40k a year. While I don't know your numbers of course, just going by averages, that would mean you need $32 million a year just for salaries alone, to say nothing of operating costs and other expenses. So let's round up, say you take in $40 million a year? I'm guessing it could be even be much higher, but I'm just ballparking here. While you could be considered small for a trucking company, again, a company taking in $40 million a year just to get by most people don't consider "small."
 
mesyn191 said:
A 800 employee company is not a small business though the exact legal definition is variable by industry for tax and regulatory purposes if you want to get technical about it.

Just because you're smaller than a mega corp oligopoly company, not publicly traded, and privately owned doesn't matter either.
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By that definition Valve is a small business too. They're also not publicly traded and privately owned with a whopping 360 employees.
 
mdzcpa said:
I'm not going to get on here and start political bantering as it serves no purpose. I will say that what most folks don't get is that a majority of Americans are employed by small business, not mega corporations.
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Unfortunately that's not true anymore, just a further sign of the oligopolies that are more and more taking over any given market. Large employers now employ 52.5% of Americans, and "Mega" employers of 10,000+ employ 29% alone.

https://www2.census.gov/programs-surveys/susb/tables/2015/us_naicssector_large_emplsize_2015.xlsx

FearTheCow said:
Your buddy Obama and friends made healthcare more expensive and the economy has been anemic for 8 years under that loser, why the fuck do you want to keep doing things the liberal way since its obvious it just fucked you for 8 years.
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Err, American did before Obamacare, and will continue to, pay more for healthcare than any other country, while still not covering all their citizens. Best system in the world, baby! o_O

Also, the Dow going up 140% under Obama was "anemic"?

Anyway, tl;dr, this tax cut is terrible news as it is more deficit spending when the economy and assets are already incredibly inflated, and rates are going to rise.

So instead of borrowing cheap money and deficit spending during the recession (stupid idea, deficits are theft!), we're going to borrow expensive money during a solid economy to give it to those who already have plenty of it (tax cuts are patriotic!)

Add that on to China potentially looking to slow their purchase of Treasuries simultaneously with us trying to borrow more, this tax bill may be the next reason for a downturn - the bond market tanking, rates rising, margin calls on big brokerages looking to sell equities, and watch the leveraged contagion that is making nearly all assets bubbly begin to spread.
 
mdzcpa said:
You sir, have NO idea what you are speaking of. How you presume to know what I make only demonstrates your ignorance. This is a FAMILY owned company and my salary comes no where near what number you decided to blurt out. Stop being brainwashed by the media. Oh, and by the way, I took my pay cut 3 years ago. 20% to be exact. No increases since. The owner hasn't had a paycheck in 18 months. You sir are part of the problem.
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No, and that is where you don't get it. Most companies do what I said and not like you said and that is why everything is screwed up. I work for a midsize bank. We have 1500 employees. Our CEO makes around 850k a year not including all his retirement and profit sharing he gets which pushes him way over 1 million. And 800 employees is not a small company.
 
variant said:
Door-to-door salesmen still exist?
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Of course. I did it with Comcast in the very same position and my own business is built on door to door sales.
When the referrals run out, only the company with a healty pipeline of new customers will survive.

Most billion dollar companies cut their teeth on door to door sales.
 
Trickle down never works. It just a sales slogan for the uneducated one. Just like the estate taxes for ... truckers....and.....farmers....:facepalm:
It's been throughout the history over and over again.
 
FearTheCow said:
Your buddy Obama and friends made healthcare more expensive and the economy has been anemic for 8 years under that loser, why the fuck do you want to keep doing things the liberal way since its obvious it just fucked you for 8 years.
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Heathcare costs went up 37% for single user and 43% for families under Obama. Sounds like a lot? Nope. Under Bush they went up NINETY and NINETY-SEVEN percent respectively.

The S&P 500 rose 166%.

The profit corporations brought in rose 57%

Over 11 million new jobs were brought into the country for an increase of 8.6%. Not an amazing number, but we were also fighting off a depression. For reference Bush only added 1%.

The unemployement rate dropped from 7.8% to 4.8%. It took a long time to get there, but it did happen.

Income went up only 5.3%. A net gain of 1.1% after accounting for the 4.2% loss under Bush.

When Obama came into office we were in the worst economic depression since the Great Depression. We went from massive unemployment rates and a pretty shit economy over-all to a pretty stable state. A depression, by the way, that happened under Bush.

Oh, and, by the way: Illegal immigration went down under Obama as well.
 
tetris42 said:
By that definition Valve is a small business too. They're also not publicly traded and privately owned with a whopping 360 employees.
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Yeah the legal definition of what a "small business" is has been highly lobbied into being BS by a fair margin.

It has little to do with what most would really consider a small business to actually be.
 
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