http://layoffblog.com/2009/02/24/spansion-plans-3000-job-cuts/   Thu, 29 Jul 2010 14:27:55 +0000 http://wordpress.org/?v=2.7.1 hourly 1 http://layoffblog.com/2009/02/24/spansion-plans-3000-job-cuts/comment-page-1/#comment-2138 Wellingston Fri, 27 Feb 2009 17:59:07 +0000 http://layoffblog.com/2009/02/24/spansion-plans-3000-job-cuts/#comment-2138 Apparently, the 35% layoffs were accompanied by RESCINDING executive pay cuts, on the theory that they do not want senior management to go elsewhere. First of all, where would these managers go in this economy and second, if the company is losing money, why isn't it hanging on to every dollar? Appearances matter, folks. This is shameful. Apparently, the 35% layoffs were accompanied by RESCINDING executive pay cuts, on the theory that they do not want senior management to go elsewhere. First of all, where would these managers go in this economy and second, if the company is losing money, why isn’t it hanging on to every dollar? Appearances matter, folks. This is shameful.

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