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To: WTSherman who wrote (15088)11/25/1999 8:30:00 AM
From: Peppe  Respond to of 18016
 
Well said, WT.

Laying people off 4 weeks before Christmas, when no one else is hiring, so that "potential buyers" find NN more attractive in a take-over is what TM is all about.

Being a CEO of a large company shouldn't be about money alone. TM also has a responability to his employees that ultimately are responsible for the Billions he will pocket when he sells NN.

I just hope these folks get a decent package.

peppe



To: WTSherman who wrote (15088)11/25/1999 10:38:00 AM
From: Ian@SI  Read Replies (1) | Respond to of 18016
 
Had Lutz executed, the 700 would still have jobs as well as others, in a growing company.

Instead, the company is being "prettied" up for a sale.

That decision has already been made.

Expecting NN to survive another year because of TM's ego is rather naive, IMO.


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