Wednesday, April 22, 2009
The Layoffs Will Continue To INCREASE Morale
The best part of www.hereisthecity.com, a website devoted to news of the financial industry is that clueless douchebags are comfortable unburdening their souls there (anonymously, of course). For instance, the recent post of an exec that believes that cutting pay of VPs and above will only "breed resentment":
"I hope that the executives who run our firm resist the temptation to take the 'easy option' (if there is such a thing) and seek pay cuts. They will be no good for morale, and, in the end, no good for our overall business. Better to cut more heads and move on."
To his credit, while he is volunteering NOT to take a pay cut to save coworkers, he is also volunteering NOT to become part of the Pink Slip Parade.