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jps jps is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 7,720
Default Greedy Restructuring Asshole

On Mon, 03 Dec 2012 17:51:14 -0600, amdx
wrote:

On 12/3/2012 4:07 PM, jps wrote:



Gregory Rayburn's monthly $125,000 pay -- or $1.5 million a year --

The company's shutdown will cause about 18,000 people to lose their
jobs.

1.5 million divided by 18,000 equals 4 cents per hr.
I don't think that's the problem!
Mikek


That's a sum total of 1 decision. How many hundreds of bad decisions
have management made to get in this position? Hundreds.

$2.5 billion in annual revenue but you can't figure out how to make a
profit? The simple truth, the business is worth more in parts to the
current owners than the profit from business operations.

Don't blame the unions for not wanting to commit their people to
poverty so owners can make enough.