Nortel seeks $45M in bonuses for brass

[Teddy]

Nortel seeks $45M in bonuses for brass

"Tech firm wants to encourage executives to stay, help get it out of bankruptcy protection..."


Nortel executives always find a reason to reward themselves in any situations - including the current bankruptcy protection and their mere employees being cut off...

 

[hayang]

My god!

 

[ccc]

These AH's!

 

[Teddy]

Holy Jesus!

According to today's newspaper, Nortel were planning to send 175 people to Las Vegas for a trade show in coming week. They reserved hotel rooms at Caesar's Palace at a rate up to US$2,300 per night...

Guess those days at Norel were really GOOD!!!

 

[风 雨]

Unchecked power almost always lead to abuse.

 

[挺傻]

WOW!
Maybe after this round of layoff, the management team will decide to increase their pay again. If that really happen, I can not see any hope of the company. Good luck!

 

[Teddy]

Nortel wants approval for US$23M executive bonus plan

Like you thought, they are really going to give themselves another reward for their outstanding work...

CTV.ca | Nortel wants approval for US$23M executive bonus plan

God bless Nortel!

WOW!
Maybe after this round of layoff, the management team will decide to increase their pay again. If that really happen, I can not see any hope of the company. Good luck!

 

[xujie]

NT stock is up in two days. Is this due to the bonus plan?