Bonuses can mean many different things, I haven’t read up on It and won’t because it’s a waste of time but offering stock options to execs is a whole different story. If those stock options aren’t vested and exercised before the person leaves the company there’s a good chance they forfeit it. Again I haven’t read into it but people are talking like they just handed checks to these people which I doubt happened. Stock options and restricted stock units take time to vest usually 2 or more years and even then when it comes to options they do expire if not exercised within the appropriate amount of time. That being said Macy’s is going in the right direction right now but needs to dump real estate.
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My friend you mis-understand the list. The right column are those considered for layoff but kept on. Thus they aren't eligible for severance.
I looked at the lay-off list provided with the packet. It was sad to see the long list of people from my store with no sevey
It’s a lot more than 3900 !!
Shameful
https://www.bloomberg.com/news/articles/2020-07-16/macy-s-executives-get-9-million-in-bonuses-after-3-900-jobs-cut?srnd=premium