TownieDeac
words are futile devices
- Joined
- Mar 16, 2011
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After private equity it's probably the profession most dressed up as honest and respectable but the most vampire-like, meant solely to funnel the productive capital from labor into management. I interviewed at one of these places out of college. The playbook is insanely simple. You go to a struggling company, interview management, put a Powerpoint together that says "reduce overhead" which means make working conditions worse/cut benefits or consider layoffs, collect your fee and rinse and repeat. It's putting a respectable face on doing the hard work at failing companies so management can say "we did everything we can after we ran our company into the ground."