1500 JOBS GOING, HOW ABOUT LOWER CEO PAY CAPPED @ 150,000 THEN U CAN KEEP PLUS HIGHER MORE PEOPLE !
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It's a joke. Mackey made a killing with the stock. The $1 a year is symbolic garbage. Competitive strength? We haven't been competitive in years.
1500 is the smallest more like 17000
Hey, I think you forgot to turn off CAPS LOCK.
John Mackey already takes a $1 salary. All WFM executives are limited to 19x the average full time Team Member salary. They're cutting many of the midlevel positions. This actually does not serve the executive team in terms of their own salaries because the average will go down.
They're trying to streamline some processes for longterm growth and competitive strength. It's still AWFUL for our TMs who are being impacted.