This content was created by Eric Siu. This content was uploaded by Eric Siu. This is a YouTube video titled "The Death of the Corporate Job" (posted 2025-10-10) containing an English conversational segment between Eric Siu and another participant (labeled Speaker B). They discuss the "hidden economy of nonsense" in large corporations — inflated managerial roles, teams producing documents senior leaders don't read, excessive meetings, and signs of corporate job declines including recent ADP job-report figures and government revisions. The excerpt is commentary/analysis on corporate work, wasteful processes, and emerging layoffs/job-market trends.
Chapters
This is the death of the corporate job. So get this. The most honest person I met recently was a VP at a tech company who told me, I manage a team of 12 people who create documents for other teams who create documents for senior leadership who don't read documents. I make £150,000 a year, £150,000 a year. Okay, so let's call that like $180,000, something like that, right? It's completely absurd. And I'm riding it as long as I can while I'm building something on the side. So this, this, this is a Substack post and it's called The Hidden Economy of Nonsense. And I literally, I met a friend recently who works at a large Multi-trillion dollar company, right? And he's— I'm like, so what do you do there now? He's like, oh yeah, like I go into meetings and I make sure that everyone's connected and they know they're aligned. And then I go into other meetings and he's like— I'm like, you sit in meetings all day to make sure people are aligned? He's like, that's my job. I'm like, oh my God. So this person's posting this. I'm like, man, the death of the corporate job. There's a lot of nonsense going on.
There is, especially bigger companies because they're making over $200,000 a year.
Yeah.
For creating documents for— you lost me here. Creating documents for someone else who creates—
I'll read it again. So I manage a team of 12 people. This is a VP at a company, at a tech company. I manage a team of 12 people. All 12 of these people create documents for other teams who create documents for senior leadership who don't read the documents. And this team leader gets paid, let's call it $180,000 a year.
No, no, $200,000 plus.
$200,000 plus? Is that— I don't even know what the pound is, the exchange is now.
I know this because I have— You look at it? No, I have so corporations in so many countries. Yeah, $202,000 as of today.
Wow.
Yeah.
Wow.
When you have all the offices in different countries, you have to manage money because when things go up and down, it can cost you money. That's why I know—
There's a whole treasury strategy I'm sure you have. Yeah, yeah, yeah.
But $200,000 a year to create documents for another department who uses that to create more documents.
For senior leadership who doesn't read the documents.
Dude, straight up. You know, when my team, They don't send me documents anymore because you want to know why?
I don't read the documents.
So you know what they send me instead?
Text messages.
Text messages with stats and data of our business. And I'm like, I don't want the fluff because they just waste their time creating it. Like you can get other stuff done.
Dude, I had someone on my team, she made, and bless her heart, she made a 22-page slide to show. I'm like, dude, I'm not going to read that, man. So, so to your point, if executives only have time to get to the point, this is a whole nother thing. But I do believe the death of the corporate job, a lot of these jobs are going to get replaced. Yes, we looked at the avalanche of layoffs happening again. We talk about Accenture, we talk about Salesforce, we talk about all these companies. It's all starting now.
You saw the ADP jobs report, right?
This is yesterday, right? I missed it. What happened?
It was either yesterday or the day before.
I think it's bad, right?
I think 2 days ago, ADP, they announced a 30,000 job decrease. They only manage the private sector.
Yeah, right.
Not the government.
And now we have to wait a little for the government one.
Yes. But if you look at the revision that the government released, they also released a negative It was negative for the previous month.
Down a million. Didn't they say it was down a million?
Remember jobs?
There was a revision over like the last year or something like that. It was revised down a million net.
No, I was just talking about the previous month. Oh yeah, yeah, right. And what you're seeing is I prefer looking at the ADP numbers over government numbers because I think it's more real-time and more accurate. That's just my two cents.
You can also game the government numbers too, which is why they revise it all the time. Yeah.
What are they considered unemployed? Oh, you stopped looking for a job after X amount of time, so you're out of the system. And it's like, well, are still looking for jobs.
