Saw the CEO of GM a few days ago on tv.
She was almost in tears about how broke the company is. We need every dime to invest in new technologies and cant afford raises for the workers.
My first thought was, how about you returning $20 million of that $28 million you got last year and wouldnt that $500million you spent on stock buy backs last year been better spent on new technologies?
Cry me a river.
piddyprints
(14,815 posts)These CEOs sure are selfish bastages. Are they so bad at money management that they cant live on, say, $1 million/year? Im sure there are a lot of workers whod like to take that challenge.
I will never understand why companies consider it a good thing to have such a huge difference in compensation between the CEOs and the workers who actually make the companies profitable.
SpamWyzer
(385 posts)of fascism is to create a privileged class. Ergo, kill the poor. I say Eat The Rich.
multigraincracker
(34,016 posts)replace CEOs at less cost and more efficient.
Wicked Blue
(6,629 posts)to receive eternal bonuses
orthoclad
(4,728 posts)would be a better manager.
orthoclad
(4,728 posts)Congressional Budget Office
multigraincracker
(34,016 posts)Bumper stickers that say EAT the RICH.
orthoclad
(4,728 posts)BonnieJW
(2,536 posts)worked for GM for 42 years. He died in 2018 and I am able to live without fear on his pension and social security. The fact that he worked for the same company for 42 years says everything about what a good company it was. Every benefit we had showed how the company valued its workers. And now, all those benefits are gone.
The striking workers are trying to make a living, the CEOs want to make a killing.
LiberalFighter
(53,452 posts)Valdosta
(331 posts)Wouldn't be the first time.