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On 12/4/2012 12:45 PM, *e#c wrote:
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....... You are right, the unions wanted to go along with it, it was the 3,000 greedy union "brothers" who ****ed the other 15,000 down the river.. Same way it happened at Finast, the top ten percent wage earners, **** the rest for a few more bucks... |
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