>
> The CEO is dumbstruck. He simply has no reply. He had absolutely NO IDEA
> we had just secured new work. He didn't know the half of what it would
> cost. When we asked questions, he simply could not answer. He was unable
> to provide any justification.
>

On the company's website, you should be able to find last year's 
financial report.  By law they have to list anyone who holds more than 
5% of the company's stock.  e-Mail your little story to each of those 
and see your CEO quickly share the same fate as you.

If your version of the facts holds up, this man has no business running 
a company.

-- 
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/*    flabreque    */L)polygon{5,F,F+z,L+z,L,F pigment{rgb 9}}#end union
/*        @        */{P(0,a)P(a,b)P(b,c)P(2*a,2*b)P(2*b,b+c)P(b+c,<2,3>)
/*   gmail.com     */}camera{orthographic location<6,1.25,-6>look_at a }

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On 04/08/2012 08:43 PM, Francois Labreque wrote:

> If your version of the facts holds up, this man has no business running
> a company.

Oh, apparently he quit three weeks ago.

Presumably so that there's enough money to pay for /his/ severance 
package, even if there isn't enough left to pay ours...

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Orchid Win7 v1 <voi### [at] devnull> wrote:
> On 04/08/2012 08:43 PM, Francois Labreque wrote:
>
> > If your version of the facts holds up, this man has no business running
> > a company.
>
> Oh, apparently he quit three weeks ago.
>
> Presumably so that there's enough money to pay for /his/ severance
> package, even if there isn't enough left to pay ours...

Now this raises your story to level of Epic WTF.

:)

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On 04/08/2012 09:19 PM, waggy wrote:
> Orchid Win7 v1<voi### [at] devnull>  wrote:
>> On 04/08/2012 08:43 PM, Francois Labreque wrote:
>>
>>> If your version of the facts holds up, this man has no business running
>>> a company.
>>
>> Oh, apparently he quit three weeks ago.
>>
>> Presumably so that there's enough money to pay for /his/ severance
>> package, even if there isn't enough left to pay ours...
>
> Now this raises your story to level of Epic WTF.

Guy takes over company. Screws it into a cocked hat. Walks off with a 
huge bonus and a giant pension. I'm sure it happens every day...

Post a reply to this message

Am 04.08.2012 22:36, schrieb Orchid Win7 v1:
> On 04/08/2012 09:19 PM, waggy wrote:
>> Orchid Win7 v1<voi### [at] devnull>  wrote:
>>> On 04/08/2012 08:43 PM, Francois Labreque wrote:
>>>
>>>> If your version of the facts holds up, this man has no business running
>>>> a company.
>>>
>>> Oh, apparently he quit three weeks ago.
>>>
>>> Presumably so that there's enough money to pay for /his/ severance
>>> package, even if there isn't enough left to pay ours...
>>
>> Now this raises your story to level of Epic WTF.
>
> Guy takes over company. Screws it into a cocked hat. Walks off with a
> huge bonus and a giant pension. I'm sure it happens every day...

Yup. And as he has made the shareholders happy for the moment, the next 
company to hire him for his excellent restructuring skills is just 
around the corner.

And isn't his management skill plain as hell? Company's figures are 
doing bad -> He rushes to the aid -> Company's figures recover while 
he's there -> He leaves to tackle other challenges -> Company's figures 
plummet again. Too bad they hadn't been able to keep him as a CEO!


F*ck shareholder value.

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On Sat, 04 Aug 2012 21:36:09 +0100, Orchid Win7 v1 wrote:

> Guy takes over company. Screws it into a cocked hat. Walks off with a
> huge bonus and a giant pension. I'm sure it happens every day...

Bain Capital.

Jim

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>> Guy takes over company. Screws it into a cocked hat. Walks off with a
>> huge bonus and a giant pension. I'm sure it happens every day...
>
> Yup. And as he has made the shareholders happy for the moment, the next
> company to hire him for his excellent restructuring skills is just
> around the corner.
>
> And isn't his management skill plain as hell? Company's figures are
> doing bad -> He rushes to the aid -> Company's figures recover while
> he's there -> He leaves to tackle other challenges -> Company's figures
> plummet again. Too bad they hadn't been able to keep him as a CEO!
>
>
> F*ck shareholder value.

This.

A hundred times this.

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On Sat, 04 Aug 2012 23:35:45 +0200, clipka wrote:

> F*ck shareholder value.

+1 billion.

Jim

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Invisible <voi### [at] devnull> wrote:
> In other words, this isn't thirty days to decide IF the site can be
> saved. The decision has already been made. It's just that the USA has
> employER protection laws, while the UK has employEE protection laws. And
> those pesky laws mean you can't just destroy people's lives on a whim.
> You have to consider other options.

You know how it is in the USA.  We /have/ to protect the "job creators."  Fuck
the workers.

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On Wed, 08 Aug 2012 12:35:50 -0400, Cousin Ricky wrote:

> Invisible <voi### [at] devnull> wrote:
>> In other words, this isn't thirty days to decide IF the site can be
>> saved. The decision has already been made. It's just that the USA has
>> employER protection laws, while the UK has employEE protection laws.
>> And those pesky laws mean you can't just destroy people's lives on a
>> whim. You have to consider other options.
> 
> You know how it is in the USA.  We /have/ to protect the "job creators."
>  Fuck the workers.

Indeed.  Pity that so many of the jobs created by the so-called "job 
creators" are offshore or of a pay standard such that there are employed 
people who live below the poverty line, and who have too few hours to 
qualify for employer-provided benefits (Wallmart, I'm looking pointedly 
at you).

Jim

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