Kodak, Under Bankruptcy Protection, Wants To Hand Out $13.5M In Bonuses
Eastman Kodak Co. is asking for permission to pay about 300 key managers and other employees a total of $13.5 million in bonuses to keep them from leaving the company as it reorganizes under bankruptcy protection.
Join the discussion below, or Read more at The Huffington Post.
#1 Apr 7, 2012
GREAT IDEA! Just one of those ideas that made them what they are today!
#2 Apr 7, 2012
as a UK employee of Kodak who has just been told I will have to accept a wage freeze and a reduction in other terms and conditions, all because of the position the company is in, how on earth can you think this can this be right, just confirms why this company is going down the crapper, and the people who have steered it there expect a bonus, the sooner we get bought out by someone the better,
what other company would want these idiots in managment positions anyway, they are just a bunch on free loaders
#3 Apr 8, 2012
@als, I agree. These are the people that most likely put Kodak in the condition that it is in today. Many of them are just unskilled "good old boys" that don't belong in the positon in the first place.
#4 Apr 11, 2012
you have got to be kidding me----what about all of the employees who lost their stock value and are not the people who drove the company into bankrupcy,
but believed that all was well because that IS WHAT THESE JERKS TOLD THEM. Will they get a bonus too?
cause they don't make 800,00.00 per year --how horrible to live on just that small sum
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