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Laid-Off Spansion Employees Outraged Over Execs' Pay Increases
San Jose Mercury News ^
| 02/26/2009
| Steve Johnson
Posted on 02/27/2009 4:10:50 PM PST by nickcarraway
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To: nickcarraway
the board of directors made a strategic decision to restore the full salaries of our key executives to ensure their continued commitment to the company's future." Why not just threaten them with firing like they do the underlings? You know, "I can replace you with someone who will gladly work for half your salary!". It works on everyone else, and don't tell me there isn't anyone out there who wouldn't take the job for half the salary!
2
posted on
02/27/2009 4:16:08 PM PST
by
jeffc
(They're coming to take me away! Ha-ha, hey-hey, ho-ho!)
To: nickcarraway
Dude. What someone makes at the TOP of your particular Food Chain has not much to do with you slugs that are actually DOING the work.
If so, we all would’ve revolted decades ago.
Wait! Maybe we SHOULD!
But, then, NONE of us would have a job at all... *SHRUG*
3
posted on
02/27/2009 4:18:44 PM PST
by
Diana in Wisconsin
(Save The Earth. It's The Only Planet With Chocolate.)
To: nickcarraway
Seeing as they are down sizing, wouldn’t they be ex-Spansion employees?
4
posted on
02/27/2009 4:35:39 PM PST
by
llevrok
(The only change I want is men to be men and women to be women. Not vice versa.)
To: jeffc
Why not just threaten them with firing like they do the underlings? You know, "I can replace you with someone who will gladly work for half your salary!". It works on everyone else, and don't tell me there isn't anyone out there who wouldn't take the job for half the salary!
I hope you are joking...it is interesting how many posters on this conservative forum exhibit the same type of class/wealth-envy as the libs. It is the company management that should make the decisions about what is best for the company. If they value the management personnel and don't value the people that they laid off, who are we to judge?
5
posted on
02/27/2009 4:36:35 PM PST
by
terryt
To: nickcarraway
“It’s just callous,”
Perhaps, but certainly not illegal.
6
posted on
02/27/2009 4:38:51 PM PST
by
yazoo
To: terryt
A lot of people on here are actually quite liberal, apart from social conservative issues.
7
posted on
02/27/2009 4:44:38 PM PST
by
Chet 99
To: terryt
I agree. I wonder sometimes if people-namely, conservatives- realise the dichotomy of this kind of thinking and class resentment. It’s too easy for one aspect of socialism to become all-pervasive, just as has happened in the general population of this country.
8
posted on
02/27/2009 4:53:00 PM PST
by
mrsmel
(Put the Gitmo terrorists near Capitol Hill.)
To: terryt
who are we to judge?
Sounds to me like the affected employees have earned every right to judge.
As for me, I lost my job just over 2 years ago as did all my co-workers so that also puts me in the category of those who are able to cast judgment............Guilty!
9
posted on
02/27/2009 4:59:15 PM PST
by
Hot Tabasco
(Welcome to Detroit, the Renaissance city......)
To: nickcarraway
"It's just callous," said 38-year-old Eric Rebaker of Boulder Creek, who lost his job as a Spansion plant maintenance specialist. So ... a janitor.
To: nickcarraway
The workers crying about executive pay shows the influence Marxism has on our culture and the poor intellectual perceptions in our culture. Such perceptions have been influenced by the age old ploy of class envy that the DemonRATs have successfully employed using their minions in the Main Stream Media. Such have been reinforced by the socialist curricula in our schools.
Time is short. Now is the time for our voices to be heard.
If a company cannot use the economic attraction of monetary reward this thing called Capitalism falls like a house of cards. Has anyone tried to point that out?
Of course, nobody questions the pay of steroid using athletes. As for theDemonRATs, they are on another steroid: power and control. When all three branches of government are dominated by the socialists, the balance of power that was guaranteed by the founding fathers, has been short circuited. This imbalance will take our nation down—way down.
11
posted on
02/27/2009 5:12:47 PM PST
by
jonrick46
(The Obama Administration is a blueprint for Fabian Socialism.)
To: mrsmel
I agree. I wonder sometimes if people-namely, conservatives- realise the dichotomy of this kind of thinking and class resentment.Me too. We all had the opportunity to go to school and get degrees/advanced degrees and pursue the same opportunities and the same choices.
But we don't. We blaze our own path and make our own choices as to what and how we will do things in our lives.
Unfortunately, some of the choices we made 20,30 or 40 years ago are no longer valid.
Put another way - a guy making seven figures a year pays about several hundred thousand more in taxes a year than I make. Am I envious of the salary he makes, or am I happy I don't pay as much in taxes as he does? :-)
12
posted on
02/27/2009 5:23:24 PM PST
by
VeniVidiVici
(Yes, Gorbachev is better than Obama. At least Gorbachev admitted he was a Communist)
To: terryt
You may call it class envy. I call it “fair is fair”. I guess you think it OK for someone to fire their employees just so they can maintain their own salary. “dog eat dog”, and “fend for yourself, who cares about anyone else”, right, buddy?
13
posted on
02/27/2009 5:25:56 PM PST
by
jeffc
(They're coming to take me away! Ha-ha, hey-hey, ho-ho!)
To: nickcarraway
Guess the laid off employees could always start up their own competing company if they have the smarts and can raise the capital.
Sad as it is you need to ensure your top employees don’t walk to the competition.
14
posted on
02/27/2009 5:28:54 PM PST
by
Newbomb Turk
(NewBomb, where's your brothers ElCamino?)
To: jeffc
Oh, and as far as some people on this board seem to be a "poor little worker" type, it seems some are of the old corporate-owned town from the 1800's where the company owned the town and everything in it, including the people, and to hell with freedom for anyone else, I got mine!
I guess you are like the liberals, anyone who doesn't agree with you is too stupid to draw breath, eh terry?
15
posted on
02/27/2009 5:33:04 PM PST
by
jeffc
(They're coming to take me away! Ha-ha, hey-hey, ho-ho!)
To: jeffc
You may call it class envy. I call it fair is fair. I guess you think it OK for someone to fire their employees just so they can maintain their own salary. dog eat dog, and fend for yourself, who cares about anyone else, right, buddy?
Actually, I do think it is OK! It is my money, my risk, I'm the one working 10-12 hours a day 6-7 days a week while my (ex) employee only worried about getting their check...talk a good game, but when the chips are down they want to get paid for that extra 15 minutes after taking an hour and a half for lunch, take their paid time off when I can't get a day off. When we need to canvass to bring in new customers..."sorry, I have to go pick up my kids." In the 30 years I've been a worker, manager and owner, no one has worked harder or longer. So what is fair??? I have been the first in and the last out and none of my employees have been as committed as I have. I don't think it is anyones place to deny me what I have earned.
If these employees had value, they wouldn't have been laid off. If the owners are trying to sell the company, they have to reduce expenses, and keep the intellectual capital (management and key employees) around for the buyer. It is really not that hard to figure out. If you don't want to get laid off...make yourself valuable. If not, go cry to your Obommy.
16
posted on
02/27/2009 5:51:50 PM PST
by
terryt
To: terryt
who are we to judge? I take it you *are* aware that this phrase is a standard liberal excuse for just about anything.
Also, the FReepers are not engaging in "class envy". They are exhibiting a thirst for *equal treatment*.
If anyone other than a manager or executive screws up, they are summarily fired: even when their errors are too small to affect the bottom line in any significant fashion; often with "under the table" hits to their reputation which make it much harder for them to find another job.
Managers and executives are instead given large payouts, when the problems are often of their own making, and significantly impact the company in a negative fashion. And often they network with other clueless vermin who give them a fast track into *another* highly paid position.
Objecting to this isn't class envy: it is pointing out *theft*.
Nice try, though.
Cheers!
17
posted on
02/27/2009 6:00:26 PM PST
by
grey_whiskers
(The opinions are solely those of the author and are subject to change without notice.)
To: jonrick46
If a company cannot use the economic attraction of monetary reward this thing called Capitalism falls like a house of cards. Has anyone tried to point that out? If a company ONLY rewards those above a certain pay level, regardless of performance, and punishes others through no fault of their own, by loss of their jobs, while those who screwed up are rewarded, that is not capitalism.
How's that astroturf working out for you, anyway?
18
posted on
02/27/2009 6:02:35 PM PST
by
grey_whiskers
(The opinions are solely those of the author and are subject to change without notice.)
To: terryt
Have you managed to notice that those posters who complain are NOT attacking small businessmen and founders/entrepreneurs who are still working hard, but "professional managers" and/or those who are worth *billions* and have no conceivable need for marginal income?
There is such a thing as being compelled by conscience, without insisting that the state enforce things.
But when groups of people spend too long in their circle-jerk echo chamber, and justify excessive greed with specious arguments, rather than admitting *any degree of culpability whatsoever*, then *that* opens the door to the Obama-ites.
Nice try, though.
Cheers!
19
posted on
02/27/2009 6:07:15 PM PST
by
grey_whiskers
(The opinions are solely those of the author and are subject to change without notice.)
To: Hot Tabasco
Sounds to me like the affected employees have earned every right to judge.
You get to cast judgement when it is your money that is at risk.
When times get tough and you can't pay your bills, did you lay-off the lawn guy, or maybe the carwash, or whatever?
Should they judge you and ask you why you are still spending money on fast-food or movies while you are taking away their livelihood?
20
posted on
02/27/2009 6:08:03 PM PST
by
terryt
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