NL: Management didn't run out of options
It's scarecly believable. Thousands are being made redundant but for some things there is always money.
Many of us are from Lucent are used to management awarding themselves astronomic rises or bonuses in times of crisis. In the newco management have obviously learnt nothing when it is a question of bad taste.
In Europe Alcatel-Lucent plans to sack 4500 employees. You'd think that money wouldn't quite be available for anything that is not strictly necessary. Well, whoever thinks like that is wrong.
Here in the Netherlands, local management has been asked to nominate 40% of "people managers" and 30% of "individual contributors" for stock (options). Apparently it's a worldwide programme.
We could speculate on the reasoning behind this. It is sufficient to say that it is quite simply sickening. How many jobs does this action cost?
Der Ausverkauf geht weiter
