https://www.thelayoff.com/t/1vXqD3Xl
Notice Jane Fraser’s picture on the wall. Then notice the breakdown later on of the pay.
“Laying off people at the bottom of the company and giving tha money to those at the top.”
“Hey, that’s me, that’s me at the top”.
Both disgusting and classic at the same time.
Now this video is funny.
Should we really be surprised? Unfortunately, she doesn't give to craps about any of us. It's all about the $$$. Yeah, 4th quarter improved but was it worth 33%. No. For some reason she can't make it by with here previous salary. We're in expense guidance but she can jet set around the world to visit other sites. So it's all a crock of cr-p and she and her team are continuing to support their Bora Bora initiate!
Jane, the original OG…getting hers. Come rain or shine, no matter what happens to others, the company or the stock, Jane is getting hers one way or another. LOL
Seems like we've got some stupid trolls on here on this thread and other ones. If you think this is all fair, that people are just jealous, and that JF is super duper intelligent and deserves 33% raise you've got issues. If you think it's okay when we are in "expense guidance" and a bunch of people were laid off last year, then you've got issues. Either you're HR or some kiss up. Lol
Post from TheLayoff.com
When I saw Jane’s picture on the wall, I laughed so hard. :D
https://www.tipranks.com/news/insider-trading/citigroup-execs-cash-out-millions-in-stock-sales-revealed
scam
lol
The stock price has underperformed the group. It's moved up because of the broader macro and regulatory environment. Get a clue.
This is like an abusive relationship. Treat the company like sh-t so badly that after time, any small effort the market thinks you're actually worth hanging on to.
The stock price has underperformed the group. It's moved up because of the broader macro and regulatory environment. Get a clue.
Yes, by all means. The business is in the shape its in due to her decisions in the past.
Laying off is a last resort when you can’t think of anything else to do to bump up the stock price. So there’s this bump up in the stock upon the layoff effort. Does it sustain a year down the road or not is the real question. By all means though, reward her handsomely though for putting us in this spot to begin with, just so you can lay people off.
I agree she is intelligent , since from one year most of the technology team don’t have any work still stock is growing, which is clear indication she want to show your presence or absence have no impact on org.
It’s fair. She’s done a good job elevating the stock price and to be fair as a CEO in a fortune 500company you get paid $30M for simply showing up.
She’s underpaid vs many (see Lyft CEO)
https://aflcio.org/paywatch/highest-paid-ceos