Sunday, March 18, 2007

A Real Pill

In January, Pfizer Chief Jeff Kindler moved to cut 10,000 jobs. Friday, the AP reported his 36% raise. Sections of Peter Rost's open letter, from Question Authority:

You can't cut back and fire ten thousand hardworking people, and tell them about the new management style you're bringing to the company, and then accept a 36% raise in base pay

If you read what your employees are saying, such as this, you will realize you just lost their respect; they've stopped calling you Kindler and replaced that with Swindler.

You already made $11.4 million in 2006. You can afford to do the right thing.

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