Monday, June 22, 2015

Sunday, May 03, 2015

A restructuring and H-1B use affect the Magic Kingdom’s IT operations

[THAT IS WHAT WE, AMERICANS, LET TO HAPPEN]

Fury rises at Disney over use of foreign workers

At the end of October, IT employees at Walt Disney Parks and Resorts were called, one-by-one, into conference rooms to receive notice of their layoffs. Multiple conference rooms had been set aside for this purpose, and in each room an executive read from a script informing the worker that their last day would be Jan. 30, 2015.

Some workers left the rooms crying; others appeared shocked. This went on all day. As each employee received a call to go to a conference room, others in the office looked up sometimes with pained expressions. One IT worker recalls a co-worker mouthing "no" as he walked by on the way to a conference room.

What follows is a story of competing narratives about the restructuring of Disney's global IT operations of its parks and resorts division. But the focus is on the role of H-1B workers. Use of visa workers in a layoff is a public policy issue, particularly for Disney.

Disney CEO Bob Iger is one of eight co-chairs of the Partnership for a New American Economy, a leading group advocating for an increase in the H-1B visa cap. Last Friday, this partnership was a sponsor of an H-1B briefing at the U.S. Capitol for congressional staffers. The briefing was closed to the press.

READ THE REST HERE

Wednesday, April 01, 2015

market to correct?

Watching /es 2015 level, 100 ema was being pocked one too many times, setting tight stops for my long index positions

Monday, February 23, 2015

The cleanest dirty shirt…or long $ no more

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Is not is quite amusing how long term charts keep making money when you filter out noise, turn off TeeVee and stop having “opinion”?

Took profits on long term short crude oil position

If anyone wants to listen to experts that oil will be going down more because of ….blah blah blah – good luck with that.  I am happy with my Great yellow Line target on downside.

 

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Saturday, February 21, 2015

Gold update

Setting tight stop on my short position ( tight stops on long mentioned on Jan 21st post worked out nicely for 100 points move) and might (OR NOT) switch long again with stops/reversals under recent lows. This time directional move might be quite illusive and position will be very small if any at all. DO I think move down is over? Good grace – of course NOT – gold has way more to go down.

 

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