In solidarity with all those who’s jobs he is going to eliminate while doing what we told him we wanted him to do in our insights survey feedback.
5 replies (most recent on top)
@g8 That makes it even worse.
@a8 Biggest difference I see is that Cigna isn’t struggling at all. Earnings increased!
The cruelty is the point here.
@aa I got a really good chuckle out of your post. Seriously, this generation of leadership is way too selfish to ever think of anyone but themselves.
@a8 Yes, this is what we want. For Brian and the entire ELT to work for zero dollars for all of 2027.
If you do this, you can even leave work an hour early every other Friday, and we will look the other way.
I totally agree with this. He still would have more money than anyone would need in 5 lifetimes, but it would send a positive message that there is some shared pain. The entire ELT should do this.
Lee Iacocca of Chrysler famously did this in 1979. The company was in financial trouble and he cut his own pay to $1.00 while petitioning the U.S. government for a $1.5 billion loan guarantee. He said he needed to "lead by example" and exhibit a "spirit of sacrifice" before asking any workers or the government for concessions. That's actual leadership.
There are other examples, like Jerry Yang at Yahoo and Vikram Pandit at Citigroup,