At 12:15 AM 11/12/01, nrf wrote: >Yeah, that was Chambers all-right. > >Now if I may digress... > >Funny thing, a lot of people dismissed Chambers's one-dollar move as just a >cheap PR stunt,
Why are people so cynical? What are we teaching them in schools? Don't get me started. ;-) Priscilla >in that he just wanted to look like he was sharing in the >pain of the 8500 layoffs, while not really sharing the pain (i.e. he didn't >give up any of his stock options, for example). > >Fair enough, but on the other hand, I didn't see any other CEO's of >companies that did big layoffs doing anything comparable. McNealy of Sun, >Barrett of Intel, Roth of Nortel, Fiorina of HP, McGinn/Schacht of Lucent, >Armstrong of AT&T, Nasser of Ford (OK, Nasser isn't there anymore), >Tucci/Ruettgers of EMC, etc. etc. While slashing thousands from their >payroll,did these guys cut their salaries at all? > > >So the way I see it, while of course it is true that Chambers could have >done more to share the pain, on the other hand, he did a whole lot more than >those other guys did. So you could say that Chambers is a pretty cool guy, >relatively speaking. > > > > > > > Actually I think I read in an article that Chambers cut his salary to >$1.00 > > a year. I am 99% sure this was Chambers who did this, but have been known >to > > be wrong once in a while. ;-) ________________________ Priscilla Oppenheimer http://www.priscilla.com Message Posted at: http://www.groupstudy.com/form/read.php?f=7&i=25964&t=25805 -------------------------------------------------- FAQ, list archives, and subscription info: http://www.groupstudy.com/list/cisco.html Report misconduct and Nondisclosure violations to [EMAIL PROTECTED]
