Thread regarding TransUnion layoffs

Where did the money go? Mystery Solved: Executive Compensation

Our CEO’s compensation history:

Date/Total Compensation/Salary/Company Earnings

Dec 30 2023 US$19m US$1m -US$205m
Dec 30 2022 US$10m US$1m US$249m
Dec 30 2021 US$12m US$991k US$359m
Dec 30 2020 US$9m US$971k US$293m
Dec 30 2019 US$8m US$892k US$299m
Dec 30 2018 US$6m US$700k US$278m
Dec 30 2017 US$3m US$700k US$441m

“Compensation vs Market: Chris's total compensation ($USD18.52M) is above average for companies of similar size in the US market ($USD12.63M)”

“Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.”

“Earnings Trend: TRU is unprofitable, and losses have increased over the past 5 years at a rate of 20.3% per year.”

Source: https://simplywall.st/stocks/us/commercial-services/nyse-tru/transunion/information

Rest assured, the rest of the C Suite’s compensation was 2x-3x that of previous years as well. In light of the recent email that Transunion is not in the financial position to afford a discretionary deposit into our 401k’s, I think everyone should be aware of where the savings from this savagery have gone.

At what point, as others have asked, do regulators need to get involved? This is blatant sacrifice of US employee welfare, security and stability of the company, and consumer’s data in pursuit of unprecedented C suite profits. The disrespect is unconscionable.

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| 1273 views | | 8 replies (last April 5, 2024) | Reply
Post ID: @OP+1rS7ImW0

8 replies (most recent on top)

Agree about a Human Resources connection. Culture and direction of company started spiraling when head of HR woman was brought in by CC. She designed the comp packages, you know, the ones which nobody below the suite has gotten sh-t since she came to TU?

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Post ID: @1dlp+1rS7ImW0

This is beyond the layoff disgust. The shade being cast on TU employees and regulators seems deliberate. What are they doing and why? End game can’t be only individual financial gain. There more to it.

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Post ID: @1qjs+1rS7ImW0

There’s something very rotten in the plan. TU is already in trouble with bad business practices on the outside, so it’s impossible it’s all good behind the C-suite door. If it walks like a duck.

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Post ID: @1ota+1rS7ImW0

@1zdx+1rS7ImW0 The things I know and have heard management DOES already know. I'll let them fall and sit there laughing all the way to the SEC/Senate hearings. All the while, I'm telling people to keep their reports locked and stay observant.

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Post ID: @1rap+1rS7ImW0

So Chris got a $9MM raise and the company lost $205M??? And we don't get our annual contribution....

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Post ID: @1zqk+1rS7ImW0

if you know of anything specific, please report it to that thingy everyone was "trained" to report things to, and keep a record of reporting it. It might be one more thing for them to have to pay their lawyers to gloss over in court. Not that it would put a dent in their unfathomable wealth, but maybe it'll give us some petty pleasure for a few seconds to be able to say "ha ha". thanks.

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Post ID: @1zdx+1rS7ImW0

Make Susan M accountable for her part in bringing down a US company. What’s her background? Why is she bent on destroying America’s economy?

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Post ID: @1epp+1rS7ImW0

@OP+1rS7ImW0 unfortunately they are going to the max of what the law allows them to do. But rest assured that not if, but when there is a data breach, and all these id--ts are called before the subcommittees in DC. My a-s is going to be there to call it out when any of them say I don't know, or I don't remember..

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Post ID: @thv+1rS7ImW0

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