My favourite French business book is Bonjour Paresse by Corinne Maier. An underling at Electricite de France, her book suddenly became a bestseller in 2004 when an idiot manager at the company threatened to sack her for writing such a scurrilous guide to office life. This led to a front-page story in Le Monde and thousands of extra sales. She has a very cynical view of the corporate world, which includes a list of 10 commandments. Her gems include:
1. You are a modern day slave. There is no scope for personal fulfilment. You work for your pay cheque at the end of the month, full stop. 2. What you do is pointless. You can be replaced from one day to the next by any cretin sitting next to you. So work as little as possible and spend time [not too much, if you can help it] cultivating your personal network so that you're untouchable when the next restructuring comes around.
3. You're not judged on merit, but on whether you look and sound the part. Speak lots of leaden jargon: people will suspect you have an inside track. 4. Never accept a position of responsibility for any reason. You'll only have to work harder for what amounts to peanuts. 5. Make a beeline for the most useless positions - research, strategy and business development - where it is impossible to assess your "contribution to the wealth of the firm". Avoid "on the ground" operational roles like the plague.
I was reminded of her book when I heard the news this week that another France Telecom worker had taken his life. There have been a spate of suicides at the partially state-run firm. Anyone who has ever had to deal with France Telecom might feel like committing suicide, or perhaps more satisfying, murder on a massive scale and widespread revenge, possibly involving torture. Their support staff have perfected the art of keeping you waiting, just long enough that you think you are getting somewhere, then sending you round in circles so that half an hour after you started the call, you end up back with the first person you spoke to, who now sounds even more bored and surprised than she did the first time, and cuts you off with a sudden shriek.
Of course, suicide is no laughing matter. France Telecom's management is trying to shrug off the statistics, saying that with a firm of 100,000 people, a number of deaths are sadly inevitable. But 24 deaths in 18 months seems more than careless, particularly as most of the notes point the finger at the firm and not other factors. The latest victim, a 51-year-old, blamed the "atmosphere" at work before throwing himself off a motorway bridge near Annecy. Like other deaths at the former state monopoly, he had recently switched jobs - in his case moving to a call centre where he faced performance objectives. Maybe he objected to putting people on hold, then randomly cutting them off.
Union leaders don't agree that the deaths are a coincidence. They claim that the deaths have been caused by management. "There was a real indifference, no humanity - all they talked about was numbers and workers were treated like sausage meat," Patrice Diochet, the local union leader told reporters. France Telecom was partially privatised in 1997 and two-thirds of its staff are still civil servants. This must make it particularly difficult to manage: there are few things as truculent as fonctionnaires, who don't take lightly to be treated like saucisson. The company has agreed to hire 200 counsellors and set up a suicide hotline. One can only imagine how frustrating that must be to deal with.
Didier Lombard, the chief executive of France Telecom, is shrugging off calls for his resignation, but he should beware. Earlier this year, French workers showed great initiative and "captured" various bosses that they held responsible for job losses. In March, the boss of Sony in France was taken hostage by striking workers at the company's factory in Pontoux-sur-l'Adrour in south-west France. The plant's 300 workers are to be laid off as part of the electronics giant's plans to save ¥100 billion (Dh4.08bn). The company has so far refused any compensation.
Union leaders said that preventing the boss from leaving was the only way to get management to listen to them. "We hope that this time our voices will be heard," says union representative Patrick Achaguer. Fat chance. The Sony head was allowed to leave the site only when the French government stepped in to force management to return to the negotiating table. This followed the seizure of two bosses from Michelin, the tyre manufacturer, who were held for two days by workers trying to stop a factory closure.
Such affirmative action is all very well, but ultimately doomed to failure. The workers may be momentarily enjoying the ultimate downtrodden labourer's fantasy - capturing the boss - but their efforts will be in vain. I suggest they return to their dog-eared copies of Mademoiselle Maier's book and read her final commandment: "Tell yourself that the absurd ideology underpinning this corporate [expletive deleted] cannot last forever. It will go the same way as the dialectical materialism of the communist system. The problem is knowing when."
rwright@thenational.ae
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
THE SPECS
Engine: AMG-enhanced 3.0L inline-6 turbo with EQ Boost and electric auxiliary compressor
Transmission: nine-speed automatic
Power: 429hp
Torque: 520Nm
Price: Dh360,200 (starting)
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COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Company%20Profile
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Nayanthara: Beyond The Fairy Tale
Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni
Director: Amith Krishnan
Rating: 3.5/5
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
Electoral College Victory
Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate.
Popular Vote Tally
The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.
The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
Results
5pm: Maiden (PA) Dh80,000 (Turf) 1,200m. Winner: Majd Al Megirat, Sam Hitchcott (jockey), Ahmed Al Shehhi (trainer)
5.30pm: Handicap (PA) Dh80,000 (T) 1,600m. Winner: Dassan Da, Patrick Cosgrave, Helal Al Alawi
6pm: Abu Dhabi Fillies Classic Prestige (PA) Dh110,000 (T) 1,400m. Winner: Heba Al Wathba, Richard Mullen, Jean de Roualle
6.30pm: Abu Dhabi Colts Classic Prestige (PA) Dh110,000 (T) 1,400m. Winner: Hameem, Adrie de Vries, Abdallah Al Hammadi
7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 2,200m. Winner: Jawal Al Reef, Richard Mullen, Ahmed Al Mehairbi
Handicap (TB) Dh100,000 (T) 2,200m. Winner: Harbour Spirit, Adrie de Vries, Jaber Ramadhan.
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
SPECS
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COMPANY%20PROFILE%20
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Guns N’ Roses’s last gig before Abu Dhabi was in Hong Kong on November 21. We were there – and here’s what they played, and in what order. You were warned.
- It’s So Easy
- Mr Brownstone
- Chinese Democracy
- Welcome to the Jungle
- Double Talkin’ Jive
- Better
- Estranged
- Live and Let Die (Wings cover)
- Slither (Velvet Revolver cover)
- Rocket Queen
- You Could Be Mine
- Shadow of Your Love
- Attitude (Misfits cover)
- Civil War
- Coma
- Love Theme from The Godfather (movie cover)
- Sweet Child O’ Mine
- Wichita Lineman (Jimmy Webb cover)
- Wish You Were Here (instrumental Pink Floyd cover)
- November Rain
- Black Hole Sun (Soundgarden cover)
- Knockin’ on Heaven’s Door (Bob Dylan cover)
- Nightrain
Encore:
- Patience
- Don’t Cry
- The Seeker (The Who cover)
- Paradise City
THE SPECS
Engine: 6.75-litre twin-turbocharged V12 petrol engine
Power: 420kW
Torque: 780Nm
Transmission: 8-speed automatic
Price: From Dh1,350,000
On sale: Available for preorder now
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Business Insights
- As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses.
- SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income.
- Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.