Greed runs rampant in large corporations
The recent merger of Time Warner Cable and Comcast has once again demonstrated big business and its lack of compassion and morals. How can you justify an $80 million payout to a CEO who was on the job for 60 days? I’m sure all the other upper-tier managers will receive a healthy payout also. Unfortunately, the field technician will see his pay reduced and hours increased in the name of efficiency.
But don’t worry. Once Comcast has it all, it will raise your bill to cover the cost of these outrageous buyouts, calling it an upgrade in the equipment. Where is the morality in these “pigs at the trough”?