“Due to on-going cost control meaures,” our CEO informed the company on Friday, we have to use 40 hours of accrued vacation this quarter (which is already half over). Wow, and here I thought it was upsetting before our acquisition when our 2 weeks of annual vacation expired at the end of the year. Well, I guess this gives me plenty of interview time.
You know, I don’t have my own multinational, multibillion-dollar company, or even an MBA, but I’d think that if a company wants to control costs, it wouldn’t give its CEO a 1150% raise, especially when it has lost money in each of the last three years, and its shareholders’ total return fell 27% last year. I guess they just expect the rest of us to eat cake.
Update: Part 2