of course not. everything is done to maximize their own value (both financial, ego, and personal power). really disappointed in the management team's handling of these layoffs across the board. if there was a performance review given of a few of the executives and what they've done to put the company in this situation, then shareholders would want them gone too.
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Best reply ever, ditch that 60's mentality companies are not family businesses with family workers- "Cutting executive salaries is a good way to lose good executives. The people at the top know when to leave, and protect their own neck first. The people at the bottom are the ones that think they should be loyal to a company."
If you own MCK stock, even in your 401K, you can attend the stockholders meeting and raise as much hell as you like. As a stockholder you have the right to speak your mind to the Board and all stockholders.
Cutting executive salaries is a good way to lose good executives. The people at the top know when to leave, and protect their own neck first. The people at the bottom are the ones that think they should be loyal to a company.
The question has been asked many times by many people, the answer is always...nope!
Are you kidding? The shareholders don't care as long as the money keeps rolling in!
Amen
Right, never.