Definitely a rant but today I realized how truly out of touch these higher ups are.
Promotions and raises on my team have been frozen for a year, and on this call our big boss informed us that they would likely be frozen for another 6 months due to slowed client demand. He tried to use the anecdote that our company was like his housemaid who gets paid $200 a week and has to get by on that much, and since we aren't getting as many clients the company just has to struggle by. I work for a $70 billion, 350k employee company based out of India. To compare a corporate entity with that much wealth to your underpaid staff is unhinged.
Further in the call he lamented the state of the economy and that it was hard on all of us. He said he wanted to buy a Model X this year but the interest rates were so high he couldn't afford to get a loan. He THEN stated that he could afford to buy it cash only if he wanted to, but he would rather not.
Needless to say my coworkers and I are seeing red. Some of them have complained to our more direct supervisors and got replies back that it was “in jest” as damage control. In jest my ass.