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Old 02-04-2009, 01:56 AM
 
Location: Y-Town Area
4,009 posts, read 5,732,388 times
Reputation: 3499

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Macy’s execs get performance bonuses | Cincinnati Enquirer | Cincinnati.Com


The above link is about Macy's executives giving themselves bonuses after they've layed off 7,000 workers. I think I'll shop someplace else.
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Old 02-04-2009, 12:06 PM
 
370 posts, read 440,545 times
Reputation: 185
Quote:
Originally Posted by Kerby W-R View Post
Macy’s execs get performance bonuses | Cincinnati Enquirer | Cincinnati.Com


The above link is about Macy's executives giving themselves bonuses after they've layed off 7,000 workers. I think I'll shop someplace else.


Im glad people are finally taking notice of this since our country is on the verge of collapse but does this really surprise you? This has been going on for years now
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Old 02-04-2009, 12:22 PM
 
12,669 posts, read 20,444,022 times
Reputation: 3050
They are more important than the mere worker bee that is employed in the store. The employees that actually has contact with the customers and makes the business a go. No customers no store.
But they don't need to worry themselves about such things...
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Old 02-04-2009, 12:29 PM
 
Location: Nottingham, United Kingdom
151 posts, read 272,327 times
Reputation: 39
What a sick world we live in. Ya know, this financial crisis really brings home the avarice thats in all our hearts. I'll think I'll go and throw up now!
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Old 02-04-2009, 12:33 PM
 
Location: Fort Worth/Dallas
11,887 posts, read 36,917,160 times
Reputation: 5663
Well of course! It's a pat on the back for them being able to send more people to the soup lines. They are accomplishing their goal, of course they should get bonuses! What's wrong with ya?

/sarcasm off..
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Old 02-04-2009, 12:35 PM
 
Location: Nottingham, United Kingdom
151 posts, read 272,327 times
Reputation: 39
If I have to stand in a soup line, I'll know who to look for.
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Old 02-04-2009, 12:35 PM
 
Location: New York, New York
4,906 posts, read 6,846,314 times
Reputation: 1033
Quote:
Originally Posted by Miborn View Post
They are more important than the mere worker bee that is employed in the store. The employees that actually has contact with the customers and makes the business a go. No customers no store.
But they don't need to worry themselves about such things...
Exactly why they shouldn't be getting a bonus. The business is not doing so well.
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Old 02-04-2009, 12:38 PM
 
Location: Fort Worth/Dallas
11,887 posts, read 36,917,160 times
Reputation: 5663
Quote:
Originally Posted by lamexican View Post
Exactly why they shouldn't be getting a bonus. The business is not doing so well.
I think miborn was being sarcastic as was I.
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Old 02-04-2009, 12:41 PM
 
Location: Near Manito
20,169 posts, read 24,326,022 times
Reputation: 15291
What I find especially troubling about this is that there are many organizations in this country, including mine, where our primary cost-cutting strategy for the coming fiscal year is to reduce (or possibly forego completely) ANY salary increases for mid-level and upper-level administrators, in the interest of keeping as many people as possible employed and receiving full benefits during the current downturn.

Yet not one word is reported about this in the media. I cannot but be disappointed that there are not more stories about how some people are taking positive steps to deal with the crisis, and asking the more fortunate among us to make sacrifices on behalf of our co-workers.

If it bleeds it leads, indeed.
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Old 02-04-2009, 12:54 PM
 
Location: Brooklyn
40,050 posts, read 34,597,244 times
Reputation: 10616
Quote:
Originally Posted by Kerby W-R View Post
I think I'll shop someplace else.
Now, see, that would be a step towards solving the problem. If it became a trend, and the number of customers dropped so dramatically that even the executives had to look up from their piles of money, perhaps the self-awarding of bonuses would slow down. Maybe even stop.
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