I said in my first post, they could do what they want as they were not bailed out...check it out. In this economy, I just think it is unwise. If the economy is bad enough to lay of 7000 people, perhaps bonuses should wait. I can’t help but wonder if down the road Macy’s will be bankrupt and these guys are just taking their profits before the end comes as many CEO’s have done recently.
You can’t make taking bonuses and laying of 7000 people in the same week ‘nice’...not even Mother Teresa could manage that. Again Macy’s is not a bailed out company and can take bonuses and compensate themselves as they see fit...I don’t like what they did (opinion)thus as a consumer, I can shop elsewhere.
....uh...duh..... where have you been hangin’ out?
Geesh.