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posted to rec.boats
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First recorded activity by BoatBanter: Jun 2008
Posts: 5,868
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Greedy Restructuring Asshole
In article ,
says...
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.
How often do you make bad decisions as the CEO of your company?
What is your pay compared to your employees pay?
$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.
The operating performance of Hostess is horrible at $138,000. It should
be somewhere up above $200,000 or more.
Don't blame the unions for not wanting to commit their people to
poverty so owners can make enough.
Is your company unionized? Why?
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