Laying off 10% of its salaried workforce (7,000 people), worldwide. The company lost money everywhere around the World last year, except for the US. This after getting a $9 billion bailout from taxpayers in 09/10.
The CEO made $18 million last year (total cash and equity comp). Poor guy. Just imagine what it would've been if the company were actually doing well.
The CEO made $18 million last year (total cash and equity comp). Poor guy. Just imagine what it would've been if the company were actually doing well.
