Thread regarding Pearson PLC layoffs

Abbosh get massive raise for “Partially met expectations” rating

https://www.thetimes.com/business/companies-markets/article/activist-investor-backs-pearson-ceo-pay-rise-c2ds8j55d

This is really obtuse to give this joker a pay raise while employees suffer through no raises, compressed and lowered pay scales, artificially calculated demotions for profit.

The fleecing of workers is so obvious, but here we are.


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| 12 views | | 10 replies (last 23 days ago) | Reply
Post ID: @OP+1kq7vc1gr

10 replies (most recent on top)

WOW, and today I saw for that PARTIALLY MET, he was given almost 800,000 shares through LTIP. Unbelievable.

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Post ID: @3j5+1kq7vc1gr

Always wanted to work at a 'tech company' - now seems I've been at one all along hehe ... Just doesn't feel like it.

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Post ID: @pq+1kq7vc1gr

@d8 the trend suggests that OA is probably prepping up to sell the company to some cash rich investment company. Its definitely not to improve the financial posture.

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Post ID: @pm+1kq7vc1gr

@gk Its absurd levels of greed and dehumanization.

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Post ID: @jq+1kq7vc1gr

Yes the partial "achievements" are

  1. Bring his cronies to strategic roles
  2. Recruit useless chief of marketing and spend million on color change to purple
  3. Layoff people in thousands who devoted their lives for decades and disrupt their lives
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Post ID: @gk+1kq7vc1gr

If this particular shareholder wants to support technology firm level pay then why aren’t the rest of us on technology level pay??

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Post ID: @dp+1kq7vc1gr

@d8 we can only hope!

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Post ID: @dg+1kq7vc1gr

This article reads as if he's considered a flight risk. Wonder if he's being courted by another company?

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Post ID: @d8+1kq7vc1gr

Absolutely disgusting. Hope everyone that gets a partial next year gets the same raise too

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Post ID: @d1+1kq7vc1gr

Appaulling.

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Post ID: @a6+1kq7vc1gr

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