Obscene Bonuses Mere Days After Massive Layoffs


macys2-logo

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HERE WE GO AGAIN!

Cincinnati:

Fresh on the heels of announcing the layoff of 7,000 employees due to abysmal  sales and poor earnings and after cutting its dividend in half, retail giant Macy’s awarded mammoth annual bonuses to top executives.

Truth be told, some of these are remnants of an agreement struck in 2004 but even so, given current conditions, why does any key executive feel entitled to such treatment as they kick so many members of their workforce to the curb?

How do these a$$holes SLEEP? (On very expensive mattresses, one must assume, bought with their Macy’s discount).  These butt-heads have no scruples, no ethics, no conscience.

Not to worry. I’m sure Macy’s has highly-paid PR people to spin this.

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This entry was posted in Business, Economy, Greed, Human Behavior, Hurting, Offensive, Ridiculous/Absurd, Scandal/Crime, Soup du jour, State, Trends that suck and tagged , , , , , , , , , , , , , , . Bookmark the permalink.

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