From – http://www.globalpost.com/dispatch/news/regions/americas/united-states/130113/hp-ceo-meg-whitmans-15-million-paycheck^“2012 was a good year for HP’s CEO Meg Whitman. In her first full year as the top boss of Hewlett-Packard, Whitman took home nearly $15.4 million in compensation.”^Ms. Whitman made over 16 million in 2011 and there were 29,000 layoffs in 2012, and there are more layoffs scheduled in the US and UK in 2013.^This is just one example of the wide gap between the middle class and corporate CEOs. Ms. Whitman is making millions by trimming the work force. This trimming also decreases the tax base, creates a bigger burden on health and pension systems, causes homes to be lost, children to be displaced, and it also creates a pool of workers “broken and desperate” for work and willing to accept lower pay and longer hours.btw- time lost in traffic costs Americans an average of over $700 a year.This is legal, but is it ethical, moral, or honorable?Respectfully,C.
Apr 12, 2017