I feel like this should be a bigger deal

Will

Will writes from Washington, D.C. (well, Arlington, Virginia). You can reach him at willblogcorrespondence at gmail dot com.

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3 Responses

  1. Jaybird says:

    Yeah. HP recently had something similar. “Everybody gets a haircut!” was the attitude. Upper got a 15% cut, middle got a 10%, and lower got a 5% cut. (Something like that, upper may have gotten 20%… it was similar to that, though.)

    And then it came out that upper’s *BONUSES* were untouched. If the CEO makes only 2 million a year (or whatever) and it gets cut to 1.6 million but still gets a $24 million bonus?

    Well, it doesn’t exactly communicate to middle and lower that everybody, in fact, got that aforementioned haircut.Report

  2. North says:

    Lord it’s crap like this that makes the left wingers sound halfway reasonable.Report

  3. Dave says:

    Lord it’s crap like this that makes the left wingers sound halfway reasonable.

    10% at best.Report