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closeupready

(29,503 posts)

21. Because that's how the new managers get bigger bonuses at xmas.

Reply to joshdawg (Reply #2)

Thu May 7, 2015, 10:33 AM

May 2015

The purchasing organization fires a portion of the acquired organization's staff, increase the retained staffs' workloads, rewrite business plans -- all so as to make the numbers look good.

At the end of the year, the new managers can then argue that they deserve a huge bonus because the bullshit they implemented 'saved' the organization money.

Then the next year, the red ink flows freely, and soon after that, the organization files Chapter 11.

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Costco CEO: Values, culture are key [View all] Sherman A1 May 2015 OP

We need more companies like this! flygal May 2015 #1

+100 n/t whathehell May 2015 #6

Amen..... daleanime May 2015 #29

It seems as tho' when a company takes over another joshdawg May 2015 #2

Agreed Sherman A1 May 2015 #8

I worked in a couple of companies like that, were huge and profitable. Then the new guys came in RKP5637 May 2015 #11

Sounds like the idiot assholes at ClearChannel - I mean iHeartRadio - I mean whatever-the-hell calimary May 2015 #13

Yep, SOS, we see it all the time and it's pathetic. Where I was the employees got screwed and those RKP5637 May 2015 #15

Indeed. Much talk and blogging and gossiping is about the golden parachute their "wonder boy" calimary May 2015 #17

Yep, they always have golden parachutes, almost like it's part of their plan! And then many RKP5637 May 2015 #18

I suspect it IS part of their plan. calimary May 2015 #19

No doubt about that! n/t RKP5637 May 2015 #20

Golden parachutes should be illegal. hifiguy May 2015 #25

Exactly, there is a legacy of them, and more than often they move onto the broad of RKP5637 May 2015 #26

Yep. hifiguy May 2015 #27

Its all about the ROI (Return On Investment) d_legendary1 May 2015 #14

Because that's how the new managers get bigger bonuses at xmas. closeupready May 2015 #21

The closest one to us is 20 plus miles Omaha Steve May 2015 #3

The closest one to us is in the UK LittleGirl May 2015 #7

Ours is also that far, but we plan our trips AllyCat May 2015 #9

... RKP5637 May 2015 #4

Plus, shopping at Costco, is always pleasant experience. Dont call me Shirley May 2015 #5

Must be my kids driving. Sorry. AllyCat May 2015 #10

A choice of smaller carts would help. We aren't all buying four 5 gallon buckets of soy sauce. NBachers May 2015 #12

Only thing I wish they'd fix is their book selection... Too right wing! cascadiance May 2015 #22

Great idea with that product placement! Dont call me Shirley May 2015 #30

I bought something from them last weekend and it I didn't like it. I called them to see if I could lonestarnot May 2015 #16

No no no no no! Populist_Prole May 2015 #23

This is how sane capitalism is SUPPOSED to work. hifiguy May 2015 #24

I hope they endorse Bernie. SamKnause May 2015 #28

The Anti Wal Mart colsohlibgal May 2015 #31