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> it has little to no effect on JCPenney's solvency Distributing the $7.5M to all employees, or as severance to the fired employees, instead of just the execs,
by zapita 6y ago
> it has little to no effect on JCPenney's solvency
Distributing the $7.5M to all employees, or as severance to the fired employees, instead of just the execs, would also have had no effect on their solvency...
- dlivingston 6y agoAccording to Wikipedia, JCPenny’s has 90,000 employees. Assuming half were furloughed/fired (and it’s probably more than that), then distributing $7,500,000 to 45,000 people is $166/person.
- beart 6y agoAre you making the point that a large bonus to a few people is better than a small bonus to many people? Can you expand on why that is?
- dlivingston 6y agoI’m making no judgement or claim either way, just providing context.
- 4weekoldroses 6y agoI know workers who could really use $166. That's a week of cheap groceries.