Why are these execs so greedy??? Share the wealth with the people who actually does the work. I guarantee morale of the workers will be better. Everyone will work 10x harder to innovate. Thos is the perfect time to cut everyone in. The stock is all time low. Giving everyone stock option will allow for company to attract talents.
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To @jlfh - that's quite obvious. SABR stock price will skyrocket soon, and the C-level does not want you to become rich!
Why doesn't management want to cut employees in on the stock options? Doesn't that make you wonder? I think that would increase the morale.
Florida call center pays subpar wages. High turnover, young workers in a 420 friendly state
Back in the day, tech support charged by the minute with a 1-900 number. That was a good money maker.
Where do I apply for that Florida position. Sounds relaxing.
re: @4kut+1oGTWTti
serious question: how can a call center be a moneymaker? does sabre sell its services for below cost and then charge people for support? that is definitely different from how i understood sabre made money. i had always thought that they charged a fee for transactions made through the sabre network e.g. booking fees
You expect stock options from a company that is heavily in debt and is laying off people left and right?
Company will be taken private before acquisition.
The only moneymaker at Sabre is the Florida call center, and half of them are stoned and don’t care because of the pay. Sabre used to be world premiere, now they are just showing their rear.
Stock options are nice in general, but the most important thing is hard cash. It's better to have cash than promises. You can quickly lose a part of your compensation if the market realizes that an investment is more like a house of cards. By the way, it is possible for normal, non-team lead employees to receive stock options at Sabre.
Besides this, this company's debt is non-investment grade debt. Soon, the company will need to refinance its debt. The company still doesn't make money, but the interest rate will be high on new debt because of Sabre's financial situation and the high interest rates set by the Fed.
They gave stock to management during the furloughs. The company is a scam run to enrich upper management. Just leave.
I want to know what dr-g the op is on. Also I want in on some of that.
can you really consider sabre to be a "big tech company"? maybe at one point, yes, but it's debatable now at best
No! Didn’t work at United Airlines, and it won’t work here!
Show me the cash!
I have never understood why Sabre made such a big deal and secret out of stocks. Even before they started being given to Director+, people were receiving hush-hush-don’t-tell-anyone emails. I know couple seniors that reported those emails to their manager as spam. Manager didn’t know anything about their employees receiving stocks. I still cannot understand how an engagement tool like stock options could have been implement in such a disengaging way 🤷♂️
Stock options are being given to director/sr principal and above, but the thing is that it's sort of worthless.