A company that lost money is giving bonuses;these people have divorced their compensation from the bottom line...why am I surprised...cut 7000 jobs too. Well, it is their right-private business-but I have a right not to shop there.
This compensation was based upon the bottom line from 2004. It was earned then and the payment deferred until now.
Perhaps the 7000 unneeded employees and the costs to keep them was dragging them down.
They simply streamlined. People don’t take the responsibilty and trouble to go into business to employ people, they go into business to make a profit. Otherwise why bother?
Sure, don’t shop there. Then they’ll hire plenty of people back. Take your business to a good government store.
Don’t we see the populist panic that is being fanned and which is threatening to destroy our economy?
A “company that lost money”? What are you talking about? They made more than $700 million in the past year.
And I’m guessing the job cuts were a smart business decision in a shrinking economy.
This has been happening at AMR/AA since pilots, attendants and mechanics made huge concessions to save our company from bankruptcy back in, I believe, 2003. Since 2003, we have been living on my husband’s salary which is still 40% LESS per year than his salary in 2003.
When pilots and employees are being furloughed, and we’re trying to save our company, I’m sorry, but NO one should be receiving bonuses until we are all back onto the playing field.
Jmo.