Thread regarding Sabre Holdings layoffs

Employees raise to keep up with inflation

What ever happened to that? Execs keep delaying but they took hefty bonus and raise themselves. They will eventually lose all good employees and replace them with offshore hacks.

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| 1722 views | | 12 replies (last May 8, 2024) | Reply
Post ID: @OP+1sjCl9Gj

12 replies (most recent on top)

No money for employee raise but where does the money come from for executive bonuses? Does that money grow in a different tree?

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Post ID: @7dxu+1sjCl9Gj

Sabre is a DEI hire company. You will have to pay for inflation and incompetent DEI hires in low cost locations.

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Post ID: @5apv+1sjCl9Gj

re: @3tgq+1sjCl9Gj

that is true but in this case the comparison being made was between making a profit vs a loss

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Post ID: @5nny+1sjCl9Gj

BTW, it looks like not financial results crashed the stock price, but the earnings conference.

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Post ID: @3jvu+1sjCl9Gj

You cannot compare earning per share between different companies.

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Post ID: @3tgq+1sjCl9Gj

haha. If you are in the US you will NEVER get more than 3-4% per year. The company just posted a $70m loss. Did you see the debt that is due in 3 years? Billions!!! How can they pay anything when they have not earned one single penny since 2019?

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Post ID: @3uos+1sjCl9Gj

The quarterly results were terrible. A loss of $0.19 versus the expected loss of $0.10. Amadeus is expected to post a profit of $0.79 per share next Wednesday. The Sabre stock price crashed 11.34% today and will probably crash lower next week, likely into the $1.50 ballpark. We might finally regain profitability in a year or so but we might declare bankruptcy before then.

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Post ID: @3ocn+1sjCl9Gj

I have the same feelings. I'm leaving if my raise is less than 4%

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Post ID: @2piz+1sjCl9Gj

Despite positive qtrly results spin, costs are major issue for another several years. Don’t look for much of a raise if any. It’s past time looking for a new employer..

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Post ID: @2gou+1sjCl9Gj

My take home is slightly less today than 5 years ago. That does not even take account of inflation. Including inflation, my take home is significantly less than 5 years ago. I really do not understand how it is possible. I am leaving if the pay raise this year is below 4%. O just cannot turn down better paying options forever. Most of my competent colleagues feel the same way.

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Post ID: @1dua+1sjCl9Gj

English please.

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Post ID: @1yst+1sjCl9Gj

It's never happened. Check your economics 101 class.

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Post ID: @zcj+1sjCl9Gj

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