11–20 of 346 posts
The article is thin on details. Does the 65 million Euros of state aid need to be repaid? Or was it free money from the government with no expectation of repayment?
It was a deal where companies wouldn't discard the workforce in exchange for money. It didn't come with a ban on bonuses, but it did come with a bunch of middle-aged white men frowning at different middle-aged white men for not pausing the bonus culture.
It seems a bit shady to me in general for a CFO to be paid large performance bonuses.
I'm surprised anyone is surprised. Here in the US we've spent several trillion dollars on Covid relief so far, and there's more to come. When you're dealing with a torrent of printed cash of this magnitude, there's of course going to be a lot of it that ends up in the wrong hands for the wrong reasons.
The article is thin on details. Does the 65 million Euros of state aid need to be repaid? Or was it free money from the government with no expectation of repayment?
It was a deal where companies wouldn't discard the workforce in exchange for money. It didn't come with a ban on bonuses, but it did come with a bunch of middle-aged white men frowning at different middle-aged white men for not pausing the bonus culture.
The real error here is public money being given to private companies. Let them break Fund people, not companies
It's interesting the CFO got more than 3x the CEO, and more than 2x CEO + VP. Does anyone know the reasoning behind that? It seems a bit shady to me in general for a CFO to be paid large performance bonuses.
I'm surprised anyone is surprised. Here in the US we've spent several trillion dollars on Covid relief so far, and there's more to come. When you're dealing with a torrent of printed cash of this magnitude, there's of course going to be a lot of it that ends up in the wrong hands for the wrong reasons.
No one would be surprised if this was about the US, but it's that "euro" symbol that makes it surprising.
The real error here is public money being given to private companies. Let them break Fund people, not companies
> In 2018 alone, the company received a tax discount of $435 million in the Netherlands, or about €385 million. Thanks to this bait from the state, not only will Booking’s headquarters remain in the Netherlands, but all income generated worldwide by the company will immediately flow to the Netherlands before being taxed elsewhere.