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Thread: TRU Brand Auction
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Old 05-15-2018, 08:50 AM   #2
Dolemite
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Join Date: Nov 2014
Posts: 4,028
Aww, poor babies, the CEO and executives didn't get their additional millions in bonuses and couldn't even be bothered to stick around to the very end of the company that they all helped to put six feet under. Assholes.

Believe me, if I owned a company and any of these clowns came a'callin' for a job I'd tell them in no uncertain words to GTFO.

On another note, if upper management have all flown the coop, who's running the show? If I was working at TRU right now I'd be totally fucking off, selling merchandise out the back door, you name it.

BTW, don't worry about the poor, poor executives...they still made out fine, even if the rank-and-file retail employees aren't getting a dime of severance pay:
Quote:
Companies go out of business all the time, especially today. What makes the story behind Toys R Us so bewildering, especially to workers like Kleven, is that the companies that bought Toys R Us were able to nab huge profits even as the company went up in flames. Bain Capital, KKR, and Vornado have reportedly scored $470 million off Toys R Us.

On top of that, five executives were allowed to split an $8.2 million bonus, and Toys R Us CEO David Brandon got a $2.8 million bonus. These payouts are cemented into executive contract from the get-go. But according to the New York Post, Brandon and his fellow Toys R Us executives get to leave the sinking ship early next week with their giant wads of cash while retail employees like Kleven will continue to see out the gloomy end of Toys R Us. And on top of not having a job once Toys R Us shutters for good, they also won’t receive any severance.

Last edited by Dolemite; 05-15-2018 at 08:56 AM..
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