indy0365
join:2001-08-25
Franklin, IN | reply to ddg4005
Re: Executive Pay Cut?
»www.cbsnews.com/stories/2006/02/···35.shtml
day has arrived paycut |
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raptor1418
Premium
join:2002-12-03
Denver, CO
 ·magicjack.com
 ·Mesa Networks
| reply to ddg4005
Here is a good example of an Exec taking a pay cut to help stave off layoffs or downturn as they put it.
»www.xilinx.com/prs_rls/xil_corp/···tune.htm This was pulled from Paragraph 4.
Xilinx is recognized on this year's list for protecting its employees from the high technology industry downturn by working closely with employees to come up with innovative cost-cutting measures to avoid layoffs, for instance, a sliding scale of pay cuts for everyone except the lowest paid personnel, while CEO Roelandts took a 20 percent pay cut.
Now whether something else was given in turn for taking that pay cut I do not know. |
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TheWickerMan
join:2002-04-09
Enola, PA
| reply to ddg4005
I used to have dialup with Mindspring years ago, and even after Earthlink swallowed them up I was still happy with them. I dropped them the for cable a few years ago, and I must have done it right before the whole outsourcing mess happened, because I remember talking to an American guy when I called in to cancel. Just recently, I needed to call them for a friend who I was trying to set up a router for, and ended up talking to a heavily-accented guy who claimed his name was "James." Like I really believed that. 
Earthlink used to have a nice big building in my area, which you could see from the highway. They closed it once they outsourced everyone, and it's been sitting there empty ever since. |
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ddg4005
Premium
join:2001-08-22
Bronx, NY
 ·Verizon Online DSL
| reply to pnh102
An exec take a pay cut to save a company? That'll be the day. Unfortunately it looks like Earthlink is on it's last legs. I expect either a cableco or telco to pick them up for cheap real soon.
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DDG | Antec Metal Box w/ ASUS & Intel Inside |
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