Thread regarding Sears layoffs

Bankrupt Sears wants to give executives $19 million in bonuses By Chris Isidore, CNN Business Updated 2:53 PM ET, Fri November 16, 2018

Gotta make Leena rich now...

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| 1486 views | | 15 replies (last November 18, 2018) | Reply
Post ID: @OP+WbH39Fm

15 replies (most recent on top)

A lot of the employees have very short tenures with the company, the real damage was done years ago. For years it’s just been bailing water from a sinking ship...

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Post ID: @1xzw+WbH39Fm

Eddie's plan was obviously to assemble the biggest money losing team in the history of retail. This wasn't just a job for anyone. It had to be the worst of the worst, the dregs of the dregs. Not just team of nobodies could drive a century of greatness, nostalgia, and customer goodwill into the ground! Only when they proved themselves the most incompetent boobs imaginable would they be rewarded! Ah, the hobbies of hedge fund billionaires.

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Post ID: @1ugm+WbH39Fm

"A lot of hate in this thread. They get paid because they are top talent, if they didn’t get paid this they would

Leave and get paid that somewhere else. No offense but a store employee’s work does not have nearly the same complexity or difficulty as these roles...hence they get paid a lot more money. It’s not really a scandal."

Oh cut the b---s--- already. Anyone with any life experience and half a brain knows better.

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Post ID: @1wta+WbH39Fm

It takes a lot of talent to run up $12B in debt. Not just anyone can do it!

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Post ID: @1beq+WbH39Fm

A lot of hate in this thread. They get paid because they are top talent, if they didn’t get paid this they would

Leave and get paid that somewhere else. No offense but a store employee’s work does not have nearly the same complexity or difficulty as these roles...hence they get paid a lot more money. It’s not really a scandal.

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Post ID: @1ozc+WbH39Fm

Bush and Kerry went to the same time and went to that exact same Frat too. oooooh, spooooky.

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Post ID: @1mem+WbH39Fm

I read that although Eddie and the judge both went to Yale, it wasn't at the same time. They were probably both members of the same secret society, fraternity, or whatever though.

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Post ID: @kqe+WbH39Fm

The judge is an old college buddy of Eddie Lambert, which is why he filed in THAT jurisdiction. Big surprise.

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Post ID: @eoz+WbH39Fm

Those guys st the receiving end if that bloated pay should each be required to manage a couple of stores and show their talent before just being handed money for not doing anything except being blowhards!!

That’s why regular employees haven’t seen raises in over 10 years and why our discount was taken away.. that was probably one of those rich guys ideas and Eddie liked that idea

As long as the rich gets their share they cd care less about the little guy doing all the work for them.. they are too worried about keeping their lifestyle than actually saving sears/Kmart and that decision is the proof we all needed!

Just like the district managers and regionals.. haven’t heard about a lot of the loosing their jobs or their districts changing

It’s beyond disgusting that they receive this kind of money and actually take it instead of making a true name for themselves and telling the news they think that money should go to the people that are actually running their sham!

Just is so wrong in so many ways... tve regular worker gets s tweed again

The judge should have lowered their wage to what we make or even what a store manager makes and if they show they CAN turn the stores into a profitable business and only then, go back to court and give nudge drain your proof to get your big bucks!!

Disgusting!! Really makes you want to work harder doesn’t it? NO

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Post ID: @wrl+WbH39Fm

Not surprised at all that this was going to happen, although a good bankruptcy judge wouldn't allow this to happen. A company in bankruptcy shouldn't be paying out any bonuses.

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Post ID: @kbx+WbH39Fm

Beyond words

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Post ID: @ydu+WbH39Fm

We should have a work slowdown, until they give retention bonuses to all of the people in the trenches.

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Post ID: @cgv+WbH39Fm

To stay, they get paid!!!???

How about a class action lawsuit for all of us left in the trenches actually doing the work..We get nothing??? No severance for hrly, salaried, full time?? Nothing!!!

Say it with me

--------> Class Action Lawsuit....

Class Action Lawsuit...

-----------> Class Action Lawsuit....

Hit their sales goals??get paid?? paid for bankrupt goals??HOW AND THE F--K does that work??

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Post ID: @vlh+WbH39Fm

So disgusting. What about all the workers who lost their jobs or the ones busting their butts for minimum wage.

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Post ID: @kvw+WbH39Fm

https://www.cnn.com/2018/11/16/business/sears-executive-bonuses/index.html

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Post ID: @mlh+WbH39Fm

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