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Greedy Restructuring Asshole
On Dec 4, 7:28*am, BAR wrote:
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? Unions didnt cause this....... |
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