Well, I wandered over to the news section for the first
time today because, I was quite bored and have been
comptemplating in purchasing some stocks in Sonic Foundry,
since most of Vegas's bugs seemed to be worked out and
according to their fiscal year graph SF stock prices seem
to be at an all time low, so I was thinking it might be a
good time to buy, with hopes of a rebound. I was really
shocked by the ethics of Sonic Foundry's corporate side. Of
all the articles I read on that page, this paragraph stuck
out at me the most.
"In conjunction with the Company's focus on software and
media management services, it has decided to enact a staff
reduction of 40 employees in areas not considered to be
essential to its core business strategy, decreasing
associated annual operating costs by an estimated $3.5
million."
Hmmmm, being an electrical engineer, let me use my math
skills....3.5 million divided by 40...that's $87,500 for an
average salary for these employees. I thought, that's some
pretty good salaries. So I'm guessing that these are
people that probably looked at Sonic Foundry for
a "CAREER!!!" and had a professional background, but Sonic
Foundry has now decided that these positions are now
non "essential". Hmmmmm, I bet these 40 people would have
liked to have known this before putting all there efforts
towards a company that would eventually just look at them
as just another NUMBER. The thing that really throws salt
into the wound is that they boast about this on their
website, to gain increase in sales and market share....IT'S
A SELLING POINT!!!. Well my empathy goes out to all you
Sonic Foundry employees working hard to further the
development of this non ethical corporation. I'm just a
little guy doing audio engineering here in Detroit, but
this little guy would like to give you CORPORATE ASSHOLES,
a BIG MIDDLE FINGER SALUTE!!!!
Thank you, Have a nice day :-)
time today because, I was quite bored and have been
comptemplating in purchasing some stocks in Sonic Foundry,
since most of Vegas's bugs seemed to be worked out and
according to their fiscal year graph SF stock prices seem
to be at an all time low, so I was thinking it might be a
good time to buy, with hopes of a rebound. I was really
shocked by the ethics of Sonic Foundry's corporate side. Of
all the articles I read on that page, this paragraph stuck
out at me the most.
"In conjunction with the Company's focus on software and
media management services, it has decided to enact a staff
reduction of 40 employees in areas not considered to be
essential to its core business strategy, decreasing
associated annual operating costs by an estimated $3.5
million."
Hmmmm, being an electrical engineer, let me use my math
skills....3.5 million divided by 40...that's $87,500 for an
average salary for these employees. I thought, that's some
pretty good salaries. So I'm guessing that these are
people that probably looked at Sonic Foundry for
a "CAREER!!!" and had a professional background, but Sonic
Foundry has now decided that these positions are now
non "essential". Hmmmmm, I bet these 40 people would have
liked to have known this before putting all there efforts
towards a company that would eventually just look at them
as just another NUMBER. The thing that really throws salt
into the wound is that they boast about this on their
website, to gain increase in sales and market share....IT'S
A SELLING POINT!!!. Well my empathy goes out to all you
Sonic Foundry employees working hard to further the
development of this non ethical corporation. I'm just a
little guy doing audio engineering here in Detroit, but
this little guy would like to give you CORPORATE ASSHOLES,
a BIG MIDDLE FINGER SALUTE!!!!
Thank you, Have a nice day :-)