L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’
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Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’
#2Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’
#3Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’
#4Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’
#5Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’
#6This is an interesting time for ads since people can’t buy most of the things.
Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’
#7Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’
#8Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’
#9Whenever there are furloughs or layoff, any payouts or profits for the C-Suite and managers that are higher the average employee, is put into an annuity for the laid off employees.
So if a CEO makes 30,000,000, and the average worker is paid 125,000. A 29,875,000 fund will be made to deposit a monthly check into the bank of the fired employees. This includes any profits made from selling stocks.
To avoid loopholes and ensure enforcement, CEO's waive personal financial privacy, giving regulators full access into international finance accounts and to withdraw from those account debt due to workers. The lookback/forward time can be tweaked to go up to 36 months to ensure it's not worked around.
This will retain employees - while simultaneously keep businesses operating profitably.
Additionally, if there are any dividends by the company, any employees who worked a certain time (even if fired) are entitled to payout, since they're part of the collective. This shows appreciation for the employees which boosts performance - they know a successful quarter will have their success kept - not given only to investors.
Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’
#10This is an interesting time for ads since people can’t buy most of the things.
Most people have been using the internet to buy things for a while now.
And even if it was majority online, not all fullfilment can be done when many places are closed.