I heard on the Salt Lake City Fox channel last night that the executives still got their bonuses even though the company was going down hill. Asking the workers to take a pay cut when the bosses are getting bonuses is just too much in my opinion. The Unions screwed themselves but if the report was true about bonuses, I can see why they did it. They were p'o'd and not thinking straight!
Depends. What critieria for those bonuses based on? IMO bonuses based on stock prices are not in the long term best interest of a company but it happens and the executives themselves don't set the criteria.
