Executive Excess – The Real Cost of Big Bonuses and Corporate Layoffs
Costly executive bonuses and corporate layoffs are more than just numbers on a balance sheet; they have far-reaching implications for companies, employees, and society at large. The excessive bonuses given to top executives often come at the expense of workers who face job insecurity and financial instability due to frequent layoffs. This vicious cycle perpetuates income inequality and erodes employee morale, ultimately impacting overall company performance and public trust in the corporate world.Key Takeaways: Excessive Executive Bonuses: The study examines how many companies pay excessive bonuses to their top executives regardless of company performance, further highlighting the issue of income…