Thread regarding Dun & Bradstreet (D&B) layoffs

Execs took a 10% pay cut

Although their bonuses will probably still be good. Plus they all great raises during merit increase time, so I guess it just levels them back temporarily.

by
| 747 views | | 6 replies (last )
Post ID: @OP+15bEoVR0

6 replies (most recent on top)

Yeah, when they get reduced from $500k to $450k base, but still get millions in bonus and equity (which will be huge when they go public again), it won’t really dent their big bank accounts.

What groups were hit?

by
|
Post ID: @2wck+15bEoVR0

People were let go today. I guess that 10% cut wasn’t enough. Made you think they were caring taking a pay cut instead of letting people go then this happens today.

by
|
Post ID: @2kvp+15bEoVR0

Insignificant amount as 90% of their compensation is bonus. Looks good on paper and to investment world. Obviously there is financial trouble on the horizon as historical data is now worthless

by
|
Post ID: @1ena+15bEoVR0

Soon most of DnB will be taking 100% pay cut.

by
|
Post ID: @1ttt+15bEoVR0

Post a reply

: