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Discussion in 'Quest Diagnostics' started by Anonymous, May 4, 2013 at 11:08 AM.
Dog and pony show scheduled for this Thursday.
Quoting from Wikipedia:
"In a publicly held company, directors are elected to represent and are legally obligated to represent the interests of the owners of the company—the shareholders/stockholders."
The major stockholders of Quest are clearly consolidated in a handful of large institutions. It is these institutions which have the legal authority and obligation (to their shareholders) to ensure that they are getting their interests looked after.
(Although perhaps I misunderstood whatever point you were trying to make?)
Wow... quoting Wikipedia. Anyone, how does a Director's fiduciary obligation have anything to do with a shareholder's obligations? Shareholders, no matter how big, have no obligations to anyone but themselves.
Just trying to give some education to fill an obvious void. But that is ok, you can just go on believing whatever makes you feel good.
Let's try this again, slowly - you use "directors are elected to represent and are legally obligated to represent the interests of the owners" to explain how fund managers who own DGX shares have an obligation to protect Quest shareholders. Its a non sequitur (go ahead and wiki that).
The outsourcing announcement will probably happen at the end of the month and typical Quest layoff/firing will happen before the holidays sometime in Nov.
This Thursday is the announcement. They just spent $800,000 so they could stream the bad news to your desk PC.
Ironic? Maybe that's not th exactly correct use of the word, but there is something interesting in those "selfish white people," getting rich by taking jobs away from relatively rich white Americans and giving them to relatively impoverished Indians....
It is no surprise that Quest would outsource. Outsource will probably do a better job with half the people because at least they will have people working. Not like the current Quest IT that is never in the office. working from home if you think. or 200 TOP days a year and only put in 20.
The BYOD so they can answer the phone/emails from the golf course or the mall or wherever else you hide.
You guys did it to yourselves.
Now see if your next job will tolerate the laziness.
Even if they let everyone go at the end of the week , End users would not even notice
Wow where did that come from? Quest has never spent the money or time to standardize leaving IT to hold up a 30 year old limping along system if you think things are going to get better once they leave you have lost your mind better learn to fix your own problems real soon or hope you get someone to help you
That is pretty harsh. I've been with Quest several years and had contact with some pretty hard working dedicated people. Sorry to see them losing their jobs.
lol. Troll. Probably works for LabCorp.
I remember when new IT "leadership" came in from Red Cross. They were going to show us how to "build systems" and how "time to market" was going to drive this.
They were going to replace ISIS fast and standardize all the labs in a short time among other things. Still waiting for this 12 years later.
The point is they came without studing or understanding and tried to change things in too "big" a way, too fast.
PS - Make no mistake the approach to replace and standardize the labs inculding ISIS cost the company millions upon millions but does not come close to the scope of what these new guys are rushing into.
Ken is Dean of a Business School in Boston where he walks around all day with that Mr. Earnest mask on his face spewing his simplistic leadership babble. The man just doesn't strike me as being very knowledgeable, but he does put on a good act........for a kindergarten class, that is. He rode a big wave, but didn't make the wave.
It appears as if the senior management team has found out about the little blog and we may of hurt someones feelings. Otherwise, we have a minimum wage obama phone carrying, mad at the world, 3rd grade illiterate toothless hillbilly who is angry that SOME people have worked hard in their careers and have EARNED a few benefits. We will earn more in 6mos on unemployment than you will in the next 3 yrs.
My advice to you is...make sure you get stall number 3 this morning. I left you a steaming present.
Oh...your trailer is on fire, too.....