Could cutting big bonuses be an option for saving jobs here - that's what I'd like to ask our top dogs.
4 replies (most recent on top)
Economically, yeah, it's an option. There is zero chance in he-l they'll do it.
Karen Ly--h made over 20 million last year, that’s a single year. How many jobs does that translate to year over year for an average worker salary. Top heavy salaried executives with absurdly large bonus checks with stock options are where the real cuts should be made. Can’t help but wonder if she thinks about the employees getting let go with families, bills, a need for medical benefits… and living check to check. 5,000 people.
$800M is a lot, so probably not. They could cut back on the never-ending stream of McKinsey and Deloitte consultants but we all know they exist to serve as overpaid scapegoats for 85 IQ business decisions.
I would rather find a new job than lose my bonus, personally.