11–20 of 31 posts
You can see companies like Support.com doing this now, for example.
Sears Canada had a similar approach... millions to a bunch of sr. execs and complete default on pensions to the workers. "We need this to save the company" was their cry. We need those sr. executives to get us out of this situation that they've been in charge of for years. Oh, Sears Canada is now out of business and the workers got nothing... but don't worry the executives that the company was so worried about receiv…
Basically, "we need to make sure they are incentivized to perform". "I won't do my job well without a few extra million dollars." And this, "it is the employees - and more particularly the senior management team - that must execute at this critical juncture" ... "Screw you, people actually working the stores, you'll be lucky if we have a pension fund at the end of this. You need to be executing. Bonus? Haven't you he…
You pay them the bank because if they screw up if proliferates all the way down and they lose even more.
Sears Canada had a similar approach... millions to a bunch of sr. execs and complete default on pensions to the workers. "We need this to save the company" was their cry. We need those sr. executives to get us out of this situation that they've been in charge of for years. Oh, Sears Canada is now out of business and the workers got nothing... but don't worry the executives that the company was so worried about receiv…
If your business is failing what else are you going to do? The company is asking executives on a sinking skip to not jump and even trying to get some people to jump on. We're talking hiring from a population who would be risking their future careers if TRS goes under and could find much lower risk well paying work somewhere else. Paying a premium is expected. Don't fall for the clickbait on this one -- the company's…
You want to understand why the American dream is dying, it's because we prop up this bullshit but not healthcare for everyone
If your business is failing what else are you going to do? The company is asking executives on a sinking skip to not jump and even trying to get some people to jump on. We're talking hiring from a population who would be risking their future careers if TRS goes under and could find much lower risk well paying work somewhere else. Paying a premium is expected. Don't fall for the clickbait on this one -- the company's…
All the politics and chicanery or a fucking kids toy store You want to understand why the American dream is dying, it's because we prop up this bullshit but not healthcare for everyone
If your business is failing what else are you going to do? The company is asking executives on a sinking skip to not jump and even trying to get some people to jump on. We're talking hiring from a population who would be risking their future careers if TRS goes under and could find much lower risk well paying work somewhere else. Paying a premium is expected. Don't fall for the clickbait on this one -- the company's…
Toys R Us Downfall Due to Debt, Not Competition http://fortune.com/2017/09/20/toys-r-us-bankruptc-debt-lever...
If your business is failing what else are you going to do? The company is asking executives on a sinking skip to not jump and even trying to get some people to jump on. We're talking hiring from a population who would be risking their future careers if TRS goes under and could find much lower risk well paying work somewhere else. Paying a premium is expected. Don't fall for the clickbait on this one -- the company's…
You don't know the backstory, which is that Toys R Us is a bust-out private equity ploy, where KKR acquired them and larded them with debt, which pushed them into bankruptcy when they would have very likely been solvent otherwise. Toys R Us Downfall Due to Debt, Not Competition http://fortune.com/2017/09/20/toys-r-us-bankruptc-debt-lever...
If your business is failing what else are you going to do? The company is asking executives on a sinking skip to not jump and even trying to get some people to jump on. We're talking hiring from a population who would be risking their future careers if TRS goes under and could find much lower risk well paying work somewhere else. Paying a premium is expected. Don't fall for the clickbait on this one -- the company's…
I understand that it's hard to read these headlines, but if Toys 'R' Us wants to retain key qualified executives during these delicate times, they must do that and even greater bonuses than a company where an executive also has equity as an incentive.