"Corrie" wrote in message
om...
"Eric Miller" wrote in message
et...
"Corrie" wrote
Topping the layoff list was Dennis Kozlowski, who pocketed $71 million
from Tyco International in 2002 before being forced out midyear.
Before his indictment on charges he evaded $1 million in sales tax on
fine art purchases, Tyco and Kozlowski announced layoffs in 2001 for
11,300.
So he made close to $6,300 for each person he laid off? Amazing.
Sickening,
but amazing.
I'd like to say that corporation that take a bottom line approach will
get
what they deserve.
Makes you want to belive in karma, or something like it, eh? ;-)
Unfortunately, corporations aren't people, and the people who are hurt
are
the workers, their families, and the entire economy due to cascade
effects.
All too true.
It used to be that the pay ratio of the lowest paid worker to the
highest
paid member of the board was 20 to 1.
Frankly, I think anything above that is criminal. Even if I were offered
the
20+ level, I couldn't rationalize it or accept it with a clear
conscience. I
guess scruples will keep me from heading a major corporation in the
forseeable future.
I was about to say, "yer a better man that I am, Gunga Din!" because
being human, I can rationalize damn near anything. Then I stopped to
wonder - is this another one of those "my house is a blue duck"
statements that's safe to make because it's highly unlikely? WGDR
Corrie ;-^
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