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64 responses | 16 votes

Jun 26, 2006 5:16:06 PM cite

Why has a big company like Allianz no sozial responsibility and fire 10.000 workers in Germany even they have big profit?

by mittegirl

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  Allianz by Berend 0 votes

Oct 1, 2006 11:33:57 AM cite

My mom told me never to trust anyone who says "Trust me". What do you expect of a company who calls itself an "Alliance". No honestly, Allianz is in a bussiness that gives it the opportunity to utilise the advantages of computer technology to the extreme. It would be downright unfair for it to hold on to thousands of workers it simply does not need any more. When you want to hold on to horses, you'll have to reject tractors and have the breath to survive the disadvantage of that choice in a world of competitors. Do you have any idea how much it costs to keep 10.000 workers employed, not to mention busy? Allianz cant afford that. Sad, but true. Besides, its a company. Its a non-human lifeform that has financial profit all over its menu, needing it to stay alive. Whats the last time you took a serious interest in the individual wellbeing of the microbes in your belly? My guess is, you're barking up a tree that if it ever answers, is probably going to make you find out it was the wrong tree to begin with. My advise, live your life, forget Allianz and stay happy. Greetings, Berend

by Berend

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Sep 28, 2006 3:30:10 AM cite

Being from the US and drowning in the .com boom I have seen jobs come and go due to outsourcing throughout the world. I can foresee this happening to other industries in the future. Your company can fire 10,000 workers because they are greedy and think this will lead to better business. I think we are dealing with a "me" generation and they do not care who they stomp upon in the process. We are the people who will fuel this business for the future and we can make or break them.. Think of American car companies. The corporations kept cutting corners in order to save a buck..and now they are hurting for business because the consumer has seen their downfall in quality and moved on to a better well built vehicles. We are no longer the sheep of the past. Nothing is forever.

by zincink

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  Raise by Tantegans 0 votes

Sep 24, 2006 8:35:43 PM cite

Wasn't it Allianz that raised the income of the supervisory board members by 20%? Or maybe it was Siemens...

by Tantegans

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Sep 11, 2006 4:29:19 PM cite

Thougths touching on different aspects: Capitalism and its colden cow - the stock exchange - (any many people dance around it) - has created a system where money is valued more than people. It's not about profit anymore, it's about MORE profit. The original idea of profit was to reward the owner for his entrepreneural risk taking. I have the feeling that we lost this idea. Now it's not about reward, it's about competition, about higher, bigger, the most. At any costs. With the lost of the close ties between local companies and their direct influence in society I think we've lost the direct connection between our actions and the consequences for them. Anonymous CEOs driven by fear (losing job, dignity) and/or greed (having lost dignity and looking for payoff) float through a quarterly world of reports by anonymous analysts. They don't feel, they don't bear the consequences of their doing and their decisions anymore. When money is the only value that counts we all are losing. When money can free people from carring the consequences of their actions we all are losing. When money is used as a subsitute for dignity we all have lost.

by madhu

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Sep 11, 2006 2:47:20 AM cite

Come on, Marx did already answer this questions...

by LabMonkey

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Sep 11, 2006 12:54:47 AM cite

to get a bigger profit and to ensure an high raising profit development rate... an all this in cause of capitalism, where most people have never enough and responsibilty is just shown to reach the financial objectives.

by wagner_christian

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  No Answer by wyer 3 votes

Sep 10, 2006 8:33:06 PM cite

I have no answer for your question though I can understand your reason for using this platform for asking it. But I am truly amazed that this question is at the top of the discussion list. Not global warming, not the war in Iraq, but this question of yours. It tells me that the Germans are in here and diligently persuing answers. Knowing from my husband who is German that Germans are like this I have no clue why I was suprised. I hope you find the answers you atre seeking. Or better a solution the the problems of unemployment of those layed off or fired.

by wyer

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Sep 10, 2006 4:04:15 PM cite

I see all this economical nonsense and being a teen who is about to step into life I won't get into dependence of these companies. There are enough, and usually even more pleasant jobs, that maybe don't pay off so much but isn't happiness also a factor. I hope these developements will encourage people to think about whose companies they will buy products from and maybe a social network that is morally intact and respects peoples beliefs. This is the time it's possible to change something if the people want it.

by Tantegans

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Sep 9, 2006 7:42:29 PM cite

The purpose of Allianz is to yield its shareholders some return. It is to provide me as a customer an insurance that is not overpriced. I cannot see any single requirement that would justify a social responsibility of Allianz In fact I have a relative working at Allianz and what I hear I interpret as she is heavily over paid and under utilised. As a customer I really do not want to continue paying for her.

by Mr Process

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Sep 9, 2006 7:02:35 PM cite

...a good running company, let`s say a fast food restaurant. And you would need, let`s say 3 waitors to do do the job - would you hire 5? Companys serve the general public the best when they try to be as efficient and profitable as possible. Profits will always be reinvested in any way - and will therefore create (more efficient!) jobs anywhere else. Hard for the individual, indeed - best for commonality.

by maccom

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Sep 9, 2006 5:37:13 PM cite

Money has no intrinsic value, bankers create money out of thin air yet charge mathematically unsustainable compound interest to people, governments and businessess. People are collectively participating in a system that is enslaving them.

by Atma

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Sep 9, 2006 4:11:56 PM cite

Allianz will fire 10000 workers to increase its profit since the must satisfy their shareholders. From a local point of view this might seem socially irresponsible but if you take a look from a global view you will see that: Satisfying shareholders will increase share-prices and dividends. Therefore funds and savings of people and institutions will grow. The economy will benefit. If you save your money for retirement you will have some sort of fund or life-insurance (maybe by Allianz) you expect and demand good performance. Therefore you demand profit of the companies you have invested in. Therefore you maybe demand firing 10000 workers.

by ArthurDent

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Sep 9, 2006 3:28:21 PM cite

I am an M.Sc. in Business & Administration and maybe I can help out answering that question. First, you should look at the Allianz company in an abstract way. There is CEO Michael Diekmann and he wants to keep his job. Now his investors tell him that even though Allianz made a huge profit, there are other insurance companies worldwide, which are even a little bit more profitable. So, if he doesnt try erything to win the competition against the other insurance companies, those investors threaten to move their money to the other MORE profitable insurance companies. And whats the result? Due to the pressure of his shareholders, Mr. Diekmann rather releases 10.000 employees that loosing his investors - and his job. Dont get me wrong: I totally deny these management ways, too. But if you know how the system works, you might understand that human beings with human motivations make the decisions. And sometimes these motivations are focused on their individual benefit. The Allianz CEO doesnt want to loose his high paid job just because he saves other peoples jobs.

by 10823berlin

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Sep 9, 2006 2:59:32 PM cite

How many peoply would buy a product for 100 Euro.. if they could buy it for 20 Euro????

by shybyte

Sep 9, 2006 2:41:00 PM cite

I mean really and truthfully. Is there anyone around posting to this thing. This could be HUGE! I would think that the peopel around the table would be posting to this or something. Anyone got closeup video or sound to the dialogue?

by newhaventeacher

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