Isnt John Chambers a multi billionaire already ..... I am sure he will be making cut backs in his family budget, cutting holidays , selling his car etc etc ..... or am i being a little cheeky....
Jonathan --- Priscilla Oppenheimer wrote: > 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 [EMAIL PROTECTED] __________________________________________________ Do You Yahoo!? Find the one for you at Yahoo! Personals http://personals.yahoo.com Message Posted at: http://www.groupstudy.com/form/read.php?f=7&i=26254&t=25805 -------------------------------------------------- FAQ, list archives, and subscription info: http://www.groupstudy.com/list/cisco.html Report misconduct and Nondisclosure violations to [EMAIL PROTECTED]
