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V-r0cK said: Agreed. It's like saying "Its ok if i f**k up because ill still get millions of dollars regardless". I feel like it should be the opposite and the CEO will have to pay something if they did such a shitty job. This is also a shitty CEO thing regards to Target's CEO. Pretty much him stepping down he recieved around $60M while roughly that same amount will be used towards compensating the 17,000 Target employees that got laid off in Canada. http://www.huffingtonpost.ca/2015/01/21/target-ceo-severance-canadian-workers_n_6517272.html |
Exactly! The biggest one I saw was Home Depot and Nardelli. He did a terrible job so they asked him to take a massive pay cut (he wa smaking 38 million a year?!) he said he'd only go as low as 3 million a year. They said get lost...oh and here is a retirement package to just go away of...210 million dollars!
Is it any wonder why employees at so many major companies feel cynical or lack any loyalty when such practices occur?
