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QED

(3,378 posts)

16. Maybe they should look at their executive salaries

Reply to question everything (Original post)

Fri Mar 6, 2015, 06:33 PM

Mar 2015

"Social media users demonstrated their outrage at the amount of Steinhafel’s [Target Canada CEO] departure package, which Fortune Magazine estimated at $61 million, while USA Today estimated it at $55 million. Regardless of the exact amount, it is clear that it is close to the $70 million total amount Target made available for designated “employee trust” funds, offered to its laid off Canadian employees."

http://torontoobserver.ca/2015/02/04/target-ceos-severance-pay-out-causes-online-outrage/

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16 replies

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Highlight:

Target to cut $2B in costs, including several thousand jobs [View all] question everything Mar 2015 OP

Interesting Sherman A1 Mar 2015 #1

Get rid of the people who do the work. JohnnyRingo Mar 2015 #2

It's getting harder and harder to compete with online retail. AngryDem001 Mar 2015 #3

So now there will only be one cash register open, Deadbeat Republicans Mar 2015 #4

So cutting the number of people working inside the stores will help increase sales? cstanleytech Mar 2015 #5

Article says most positions are at HQ madville Mar 2015 #9

What the article says and what they actually do are two different things though. cstanleytech Mar 2015 #10

I hope you're right IkeRepublican Mar 2015 #11

isn't one of the reasons target does well is because people JI7 Mar 2015 #6

The Target near me doesn't look neater and cleaner than the K-Mart, amandabeech Mar 2015 #8

Sounds like one of the ones near where I live. I mean the mens sock area was completely blown out cstanleytech Mar 2015 #12

The one here in Chicago by me is a cluster fuck. Hassin Bin Sober Mar 2015 #14

Ya something similar happened to me at Walmart when I was in line and the cashier cstanleytech Mar 2015 #15

They just lost a fortune in Canada madville Mar 2015 #7

Sack cartoon captures it question everything Mar 2015 #13

Maybe they should look at their executive salaries QED Mar 2015 #16