More corporate welfare at the workers expense
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I understand contracts that include bonuses when leadership helps a company meet or exceed forecast. Contracts should clearly state that company leadership gets nothing except that they are shown the door when they fail. Standard practice needs to change.
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Are you smoking?Broke R "U"
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Give the low level employees the bonus.
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That's why it's bankrupt, more about him and not about the company
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Can you believe this?
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This type of plan is standard fuel for socialist criticism of corporate capitalism. Employees be damned but the CEO who led the firm to ruin gets $$$ for his efforts.
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And this nonsense is precisely why the current proposed tax plan is such BS. Any monies saved by corporate tax cuts will simply go into the pockets of top tier management. Trickle down economics is trumped by greed every time. And yes, the choice of verb is deliberate.
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what a BS.... If the company wasn't working well than it needs to fire and not paying bonuses (for what by the way taking it to bankrupcy?)
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@ToysRUs I'll fill in as CEO. I'll run your business into the ground for a lot less than a 12 million dollar bonus. DM me to negotiate.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Greed and Gaul plain and simple.if I did a poor job where I worked I would have been fired what a nerve
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I find it hard to believe that private equity left several million in cash for retention bonuses.Usually PE suck corpprations dry and split.Look at the Sears-Kmart disaster...
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con the consumer, parachute the ceo...fuck ewe! down the company and take all of its assets.
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Ah, the corporate circle jerk of rewarding failure. How Crapitalistic of them
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No probs, just break open a couple of dozen Monopoly boxes.
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Nice work, if you can get it.
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