What's your opinion on a CEO that buys up smaller profitable companies, pays himself a big fat juicy salary and then flies around the world to all their locations, stays at the finest hotels, while putting on luncheon/dinner extravaganzas, purporting all the amazing synergies that will be created when the new firms combine forces... All the while, in the background, he is firing employees, shutting down departments and eventually closing down the offices, sending everyone to the unemployment line?... Now, the leftovers have to struggle to pick up the slack, with zero work/life balance?
What's your opinion on a CEO that buys up smaller profitable companies, pays himself a big fat juicy salary and then flies around the world to all their locations, stays at the finest hotels, while putting on luncheon/dinner extravaganzas, purporting all the amazing synergies that will be created when the new firms combine forces... All the while, in the background, he is firing employees, shutting down departments and eventually closing down the offices, sending everyone to the unemployment line?... Now, the leftovers have to struggle to pick up the slack, with zero work/life balance?