Someone please explain how a Senior HR leader (chief people person, yeah right) can take millions in compensation just to join a company and then 2 months later have the gall to try and look sad at firing over a 1000 people to make ends meet for the company.
Executive pay vs. employees is out of hand all over the place, this is just one more example.
What's the CLAP that Kate referred to at 27min in the pop-up video?
I feel like I'm watching
Muhammad Saeed Al-Sahhaf
Former Information Minister of Iraq when the US invaded. Pure propaganda
Let's freeze everyone's salaries to invest in the company. Oh, but wait, let's give the CSuite raises (see the annual reports). CFO: $50k/6.7% increase. EVP General Counsel: $99.9k/16.7% increase. CMO: $100k/18.2% increase. EVP HR: $50k/9.8% increase. Perhaps maybe they should have gone without raises and put their pocket padding towards the debt. It's not about turning the company around. It's about taking the money and running before the ship sinks.
Just an FYI. I left this clown show on my own! The writing was on the wall and their true intentions shined! Basically, keep paying the Executives and don’t hold them accountable for anything! Because they were right! Please! What a disaster!
OH I UNDERSTOOD! Hence, I left and continued to get the YES men naysayers from this post telling me to go to another site! Just admit it, you were wrong! This company is doomed and it’s very unfortunate for those remaining! Good luck!
UNFORTUNATELY , THIS IS WILD CAPITALISM AND MODERN SLAVERY..I HOPE YOU UNDERSTAND
Remember the low performer reduction’s?! This Executive team has used that excuse for years! The fact remains the same! They make the decisions and they flop and then blame the employees! Go figure! Plus, they still get paid for their failures over and over and over! I saw right through these buffoons and jetted years ago! The Yes man will disagree, but he’s hiding under the desk about now!