An ad against Whitman say she was paid $120 million shortly before 10% of the employees at eBay were laid off.
Does anyone have any information on this?
I need an answer to respond to someone that says this ad has changed their vote away from Whitman.
Brown is one of many reasons that CA is a cesspool these days! It’s mind boggling how voters think out there. Nobody seems to learn from their mistakes.
But if you want to try, try this: Ask her (dollars to donuts it's a "her") to look around her own workplace and swear on the Bible that she doesn't see 1 in 10 people who deserve to be laid off. Ask her to swear that she doesn't encounter 1 in 10 sales clerks, customer service reps and other people in her daily life who deserve to be fired. Heck, I barely encounter 1 in 10 who deserve not to be let go.
Every single company that's growing grows too fast and too big, then has to spend some time shrinking and reorganizing to become efficient again. The 90% of the people left behind typically get nice large bonuses when this happens or the year after, because a) they were the ones worth keeping, and b) the company is now more efficient and successful.
It's probably a lie on the basis that everything that comes out of the Brown campaign is a lie. And even if it were true, what difference does it make? Does your friend actually intend to vote for that old dem hack Moonbeam, who allowed public employees to unionize, which is one of the major causes of California's destruction? If so, I doubt he or she ever intended to vote for Whitman.
She didn’t pay herself anything. The EBay board determines her salary and sets the bonus schedule. She had the responsibility of running EBay for the benefit of its shareholders. Sometimes that requires adjustments in staff dependent on how the business is doing.
Ask the people how many people she hired at EBay. Any layoffs were small compared to how many new hires occurred during her tenure.
Kind of like Fiorina who was fired after building up HP with less employees.
When a Company reaches a certain level, adjustments to the Business Model must be made to stay competitive. In my role as a Manager for a Fortune 500 Bank, I had to layoff 50 people in my unit when the decision was made to outsource their positions to save the company a substantial amount of money.
After the conversion was completed and the projected cost savings were confirmed, I received a year end bonus based on a percentage of the savings. Should I give that back?
When you are accountable to Stockholders, these things are always being reviewed and implemented if the financial impact is favorable to the bottom line.
The fact that Whitman received additional compensation as CEO is just a straw man Liberal argument. Are they implying that a Governor Whitman should not be able to trim the ranks of State Employees currently performing unproductive or duplicate tasks to save the Taxpayers money?
Meg was compensated by a Board of Directors that decided that her leadership and cost control measures increased Shareholder Value while maintaining a sound Business Model.
Meg did not give herself anything, she was compensated for meeting her Contracted Goals.
The Rats are using the same tactics against Fiorina. If Fiorina had not outsourced jobs overseas at the time, HP as a Company would not be in existence today. Shortsighted Liberalism does not meet the smell test, so don't fall into the us against them trap of class warfare.