Thread regarding Baker Hughes Inc. layoffs

Why oil execs are getting smaller bonuses this year

When the end of 2015 rolls around next month, CEO’s and executives in the oil and gas industry may not be feeling all that merry and bright. An annual report out this week says compensation for the oil and gas industry executives as a whole is expected to drop for the first time in six years as bonuses are projected to slip 25%. The decline is tied to current downturn that started in late last year.

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Post ID: @OP+EnjmDfm

4 replies (most recent on top)

Bite me. Mr. CEO

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Post ID: @19Vr+EnjmDfm

Fine if they live in a 3 bedroom home and drive a beat up ford not so good if its a 10 bedroom mansion and they drive a Lamborghini? Being rich sucks anyway who wants to eat frog legs marinated in the blood of one day old goose chick. Give me juicy steak a beer and my good wife cursing me 24/7 life's good being poorish?????

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Post ID: @7io+EnjmDfm

Having your bonus cut from $10,000,000 to $7,500,000 must be so incredibly difficult to come to terms with....!

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Post ID: @quI+EnjmDfm

They should be lucky to get anything. Oh yeah, they award bonuses to themselves.

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Post ID: @5vh+EnjmDfm

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