A veteran was fired from his federal job and Business Insider shared his story. A few elements are germane to PEUReport:
"...I found myself deciding between two competing job offers: A Washington, D.C. based government job with the Department of Veterans Affairs and a remote six-figure job with private equity."
It's ironic that this veteran was terminated by Elon Musk's team using the private equity underwriter (PEU) playbook. The veteran had been fired before. His VA firing came with no severance and no benefit extension.
"It seems the government's only job is to serve the best interests of our leaders and if you are not making that happen, you are expendable."
Dng! Ding! Ding! Johnny, we have a winner!
What's that, sir? Yes sir! May I have another personal insult, a dig on my work ethic/competence, possibly more financial harm leading to total ruin? I'm sorry sir. Next time I'll say please....
This veteran is being charitable in his assessment:
"...these terminations will eventually slow down the VA's ability to execute services and veterans will suffer."
My experience with a healthcare PEU affiliate showed the takeover/remake impact to be immediate and severe. Shattered processes with mandatory metrics served executives' incentive compensation and their equity financial interests. Corporate chiefs cared not one iota about the precipitous fall in patient/caregiver survey scores. The scores sat there on a wall for all to see, yet no manager said a flipping word.
Kings and TechGods like smashing things.
