Nov 12, 2010

Rightsizers reward at Gannett

Gannett Blog calculates how much money top executive at Gannett would receive for each job that was cut last week (approx. 240) if they receive the same size bonus this year as they got last year.

1 comment:

Anonymous said...

I'm having trouble with the logic. Managers have to increase cost at times and reduce cost at times in order to run a profitable business. Nobody parades managers around as heroes when they hire people due to a growing business, and they get bonuses for being profitable. However, when they have to reduce cost by eliminating jobs, everyone condemns them for it, although they are keeping the business profitable. They didn't get bonuses because they laid off people, they got bonuses because their business units were profitable.