itsSIRtou
Posts: 836
Joined: 3/20/2007 Status: offline
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quote:
ORIGINAL: LookieNoNookie quote:
ORIGINAL: itsSIRtou quote:
ORIGINAL: LookieNoNookie quote:
ORIGINAL: kalikshama America’s largest wireless service provider plans to cut 1,700 jobs by offering its technicians and call center employees buyouts. Verizon Communications announced last week that it would reduce its nationwide workforce by 1 percent, and if enough workers don’t accept the buyouts, it will resort to involuntary layoffs. Verizon paid chief executive Lowell C. McAdam more than $22.5 million in 2011, according to a Wall Street Journal analysis of executive compensation. The company has paid its top five executives more than $350 million in the last five years, according to the Communications Workers of America, the union that deals most directly with Verizon: More than half of McAdam’s compensation package came from “Performance Awards,” according to the WSJ analysis. In 2011, the company’s shareholders saw an 18.8 percent increase in the value of their returns. Workers, however, have not shared in those gains. Verizon eliminated 26,000 jobs over a two-year period in 2008 and 2009 — including 16,000 jobs in 2009 alone — and laid off roughly 13,000 more in 2010. At the same time, Verizon has demanded sizable concessions from workers in its negotiations with unions, asking for the elimination of the company’s pension plan, increases in health care premiums, and extra leeway to outsource jobs, according to a release from the International Brotherhood of Electrical Workers. http://thinkprogress.org/economy/2012/06/04/494469/verizon-layoff-ceo-pay/ Ya know, I used to think Tom Cruise wasn't worth 20 million bucks a picture (having had an interest in becoming an actor a thousand years ago) and then I realized....he actually put the time into making that happen (for him)...and I didn't. A CEO (often) makes decisions for thousands of people (I'm one....but I make decisions for dozens), and none of those people (when we lose money) ever come to my office and say "Hey Boss....we just lost X....and 'd like to turn over my pay check because....I'm in...all the way". That doesn't happen. EVER. So....if a CEO makes 50K or 4,500K a year....I support that guy or girl....because his or her head is on the chopping line. Wanna bitch? Step up. Put everything you have on the line. (And by the way....unless it's everything you own....shut the fuck up). unless u actually have a profit sharing plan with said employees u shut ur own "The fuck up". no sane person is going to invest in ur little smarmy company unless they intend to get something back other than the heady honor of working for a man who has little regard for his workers. And with ur attitude the ones who would work for u would only do so long enough to find out what an ass u are and ether rob u blind, make substandard products or both. And u would deserve it ....IMO. And for that damn matter most of the CEOs that u love so much get paid no matter if the company does well or falls flat on its face as part of their "Golden Parachute" compesation package. For the second time in a week, go find out how Big coporations compensate their CEO's. Well "Sir", from a guy who hasn't taken a salary for over 3 and a half years (so that my employees could continue to have jobs and we could keep our firm alive, waiting for the turn in the economy...because I actually believe in our chances, and we'll finally, thanks to a lot of great effort by everyone in our various companies, shortly be profitable for the first time in nearly 3 years), and for firms that are roughly 37 years old, pays 100% of health care....I'd submit that I'm doing fairly well for my 9 people and putting them first. (Quite the concept eh, for a dance on your grave, evil sob CEO?). 401K's? LOL....how's yours? Down 60% or more?.....(I wonder if you can eat that). I know my staff likes having a J.O.B. that pays well while their friends are in the unemployment line. As to "all the CEO's that I love so much", I could give a flying fuck about them...or for that matter, their employees. If they can stay profitable or borrow enough to stay in the game, more power to them. If their shareholders pay them too much, that only shows their ignorance or sheepishness, hardly my lack of understanding. We've never had a layoff, nor have we ever cut hours in 3 recessions, this one included. In fact, in this one, the worst one in 70 some years I've read, we're hiring. (And "Sir", before you embarrass yourself and say something remarkably stupid like "Hey DUMBASS, read a book once in a while, the big depression was in 1929....that'd make it almost 83 years"......the stock market fell in late 1929, the economy didn't start to falter until mid to late 1931 and it didn't hit the high point (also in 1931) until late 1938", which, according to a reasonable persons math would be "yo some years..."). But I do appreciate your comments as well as your complete ignorance as to how business works. So long as there are people like you....I and multiple other CEO's will not only always have a job...we'll always have someone thoroughly inarticulate and absolutely pleasurable to fire :) ) Feel free to check in on occasion if you'd like some lessons in business basics....I'm here any time you have a question (and based on your comments, you either need to find a good job and stay true to it for a looooong time, or.....ask a LOT of questions....and then do what most opinionated people don't do: Listen to the answers). (Forgot to mention one quick thing....just checked out your profile...couple of spelling and grammar errors. Not a really big issue, they just make you look childish. They don't quite rise to the level of ignorance...not quite). ....well congrats,.... in other words u had a inflated salary that u could live off that u could have savings set aside for this long without having to take a salary now. good for u.... for u are in the minority of owners who give a little shit about ur employees and I suspect the only reason u do is its still ur own company and/or u didnt have an exit strategy to sell it off if things did get worse... still u get the sound of one hand clapping for sticking it out..... good boi....continued success to u and tha crew. u still need to have a clue about what the big boyz get for compensation and that they, unlike u dont need to care about the nameless & faceless people whos lives are changed with a stroke of a pen beyond what the Board & major stockholders think, and the short-term profits they can stuff in their faces like chipmunks. If u had anything beyond ur own business to hold up that Im off-base u'd of shown Me.... I guess not. Im honored I've warranted u to see who's kicking ur CONservative concepts to the curb. I dont have a 401k,..... and if it had been left up to the GOP a few years ago and social security was privatized, it'd of been in the dumpster with the banks. My retirements on SHAREBUILDER, where I bought a chunk of XM radio stock at .05 cents a share at the bottom of the last crash, ....u can look it up at what it is now... Im not as slow as u want a lib to be "NoNo" dont worry NoNookie, (THERES a telling name if there ever was one....jus' say'n) Im sure if ur only reason for firing me would of been "thoroughly inarticulate " I would of made sure u would of known how I felt about it by pissing on ur desk.... So Im sure no words would of been necessary then.... and dared u to do anything more than call the cops over it.... and THAT would be "absolutely pleasurable" ... not that its likely I would of worked for u in the first place, for u would of not hired Me for My liberalism anyway, and I have a hard time thinking Id come to someone like u for a job ether. nice try on the profile critique (see pissing on ur desk) u dont like it - dont read it. ur childish for bothering to think I'd care, ....and its the last refuge of somebody who knows they've been wrong.
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I will allways be a knight, instead of a prince. What would the internet be like if we couldn't say trump is a moron? The Republican party complains government doesnt work for people, and then makes darn sure it cannot.
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