So fire everybody. Sell the fixtures and the rest of the
inventory and close the stores. That’s what companies do all
of the time. Some time it’s not the executive’s decision.
Sometimes it’s the share holder’s. Because the stock price
will fall through the floor and no one will buy the stock.
Because it is not performing. You only get to vote if you
have stock in the company. Is Macy’s an employee owned
company?
This is exactly what will happen if CEO’s and upper management keep taking pay...when times are tough. They don’t care because they will leave before the end taking millions with them no doubt...these guys look after themselves and not their companies. I don’t know how this compensation thing got so out of control...it seems shareholders have little say these days. I don’t want to see government control (unless bailed out), but many companies will go under because of these guys and that’s a damn shame.