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CBC gave $15M in bonuses and a few months later cut 800 jobs: report
(nationalpost.com)
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this post was submitted on 13 Mar 2024
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So those employees got an average bonus of $13,000. Not nothing, but hardly c-suite insane levels of compensation.
Also, what do the relevant employee contracts look like? A lot of the time bonuses are built into the contract and tied to very specific metrics. If that is the case, the CBC would have to pay out that bonus, regardless of the overall state of the company.
Using tax payer money on ezec bonus while doing lay offs is bad optic no matter what contract says.
With that being said... Shouldn't these contract be public record and should not we know how this clown situation came to be?
The law doesn't give a shit about optics. If it's in the contract, they owe the money. This type of pay structure (base pay + defined bonus) is the norm across many industries, not just media.
Also, these aren't exec bonuses. CBC does not have 1100 executives.
Triggered
If you ever feel the need to post a comment just reading "Triggered" please do. It highlights how weak your initial argument was... and at the same time it lets you reinforce your personal bubble because "tHe dOwNvOtEs mEaN I'm rIgHt"
I don't see any down votes but the replies speak for themselves ;)
Why y'all so salty, tho?
Also nobody addressed core of my argument either. CBC is a corrupt org and we don't know how this contracts were structured beyond original comment's trust me bro theory.
If this is so cut and dry, release the docs!
Russian?
y'all coping
Chinese?
just because somebody says something you don't like, it does not make them a geopolitical rival lol
also, what's up with this bootlicking. people getting laid off so others can earn bonuses in unprofitable enterprise. common sense would be to ask what bonuses are off if company is laying people off and not making money but nahh let's shit on people asking questions.
So doofus then.
Glad we got that cleared up.
Why are you so hurt tho?
Doofus.
Yea yea yea, we know facts trigger you, you don't need to shout it.