Thread regarding American Electric Power Co. Inc. layoffs

The Cause of the Need for Perfect Power

Years ago corporate decided delaying equipment maintenance and extending distribution right of way trimming schedules was a great way to improve major shareholders return on investment. Neglect by those decision makers controlling the corporate purse strings created the necessity of perfect power. Somehow the leaders, who made those bad decisions and the subsequent leaders, who went along with them continued to get their extravagant compensation packages and NOW employees are expected to ki-l themselves to rectify self-serving leaders' asinine bad decisions consequences. I try to see things from corporate management's perspective. I just can't shove my cranium that far up my re---m.

The reward failure and punish success paradigm is why AEP can't retain exceptional employees, but always hires sycophant leadership. Employees must not be punished and impoverished to enrich incompetent self-serving lack of leadership that creates reliability vulnerabilities enriching themselves at the expense and to the detriment of employees and customers. Maybe state regulators need to do a deep dive into how electric rates are enriching major shareholders and corporate leadership instead of improving reliability.

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| 401 views | | 3 replies (last July 2) | Reply
Post ID: @OP+1jz6bgeef

3 replies (most recent on top)

Agree with everything you said. Also your comment about corporate management's perspective gave me a hearty chuckle, so thanks.

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Post ID: @a8+1jz6bgeef

No more than their lowest compensated employees.

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Post ID: @a7+1jz6bgeef

So how much should leadership be making? You seem to know how much everyone should be making so share the number with us.

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Post ID: @a5+1jz6bgeef

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