* Posts by wolf29

5 posts • joined 20 Mar 2018

DXC Technology warns techies that all travel MUST now be authorised

wolf29

Probably be followed by a moratorium on performing any personal business whilst in said bathroom.

IBM insists it's not deliberately axing older staff. Internal secret docs state otherwise...

wolf29

Re: Just to play devil's advocate here

Got to maintain a healthy shareholder value, after all.

Experts build AI joke machine that's about as funny as an Adam Sandler movie (that bad)

wolf29

Re: Start it off with an easier challenge

I love the implied "half-life of humour". I think that is why most knock knock jokes are entirely devoid of humour as one hears more of them more times.

There is also a music half-life.

Software development slow because 'Most of our ideas suck'

wolf29

Homeostasis wins most of the time

"Lots of customers don't enjoy chnage - they know how to work the existing interface and if you force them to learn a new one, they could just as easily learn a competitors."

Judging from the continued desktop domination of Windows and Ubuntu Linux, users are much more likely to stay with the brand they have been with for a while, than to move to anything with a different brand name.

BT: We're shuttering final salary pension scheme

wolf29

Re: summarily terminated

Short-term thinking naturally leads to short-falls in long-term initiatives. I reckon there will be an uptick in employment in the geriatric-hit field as soon as next Thursday. Watch the "help wanted" advertisements.

The obvious answer for the company is to sell out, and the new owner can sue to get the stagnant funds (unrelated to a living person) in the pension bucket out to pay for the purchase. This was how Bain Capital and other equity vultures operated, as I understand. The stagnant funds could be used to fund the ongoing pensions of currently living persons, but one way to claim a shortfall is to exclude such stagnant funds from your report as distributable. The stagnant funds are still accruing interest in the fund, but the money will never be distributed to pensioners. There could be billions in the fund that are being conveniently ignored to make the claim of an imminent shortfall.

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