If the word about the reduction is in fact true, I would really like to know that will be the logic of the method of the reduction? What parts of the company are they planning to hit the most and what parts could be spared this time? Any info about the method of the madness?
6 replies (most recent on top)
CPSG doesn't need any trimming.
Where they need to hit (information from google):
Maria Martinez
BASE PAY
$194,712
BONUS + INCENTIVE COMP
$6,900,569
TOTAL CASH COMPENSATION $7,095,281
STOCK AWARD VALUE
$12,003,070
OPTION AWARD VALUE
$0
TOTAL EQUITY
$12,003,070
TOTAL OTHER
$246,554
TOTAL COMPENSATION
$19,344,905
why CSPG ?
Grade 12s mostly.
You’d have to think they’ll hit SP pretty hard. SP has been pulling people in like crazy, whilst their numbers are very so-so (across the whole segment). I wonder if they won’t use this opportunity to move a lot of PM roles to India.
Been lots of talk about sales cuts for a while. Biggest hit there I'd guess. I'd think CX also but they are spending and hiring like crazy which will eventually lead to a massive CX LR. Wouldn't be surprised by another SP cut and CSPG.