Thread regarding Baker Hughes Inc. layoffs

The rich get richer

The company's SEC filings this last week show they are throwing yet more money at Belgacem. You'll recall he was ONE of the masters they gave $2MM to in June. He must have the Board convinced he's the second coming. It is a privilege to be contributing albeit in such a small way to help make this happen. 5 % pay cut not likely to be rescinded. 9.5 % no 401 K match and I am sure no merit raise for the 3rd year in a row in March. Oops I forgot we aren't supposed to worry our pretty little heads over executive compensation. It's way too complicated for simpletons like us to truly comprehend. And yes I hope to appreciate the 1/2 a bonus in March. Likely the last of bonuses until they start making money.

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Post ID: @OP+K7nMhNt

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At the 12th hour, Clearly just to make his change in control golden parachute even more absurdly large.

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Post ID: @1qab+K7nMhNt

Just like the rest of us, they are in it for the money, nothing more.

So they will take what they can, while they can.

It's just the world we live in.

Don't ever believe it's about improving people's lives. That little ditty Martin came out with was total BS.

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Post ID: @1mmd+K7nMhNt

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