Hutchinson CEO takes a hit to bonus
Hutchinson Technology CEO Wayne Fortun's fiscal 2006 compensation reflected his company's profit decline.[via Bizjournals.com]
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#1 Jun 10, 2007
Hutchinson Technology will continue to decline. Their job cuts were to the best and brightest. Those with 20 plus years or the highest paid in their department were terminated in an effor to cut the most from the budget. They are struggling to manufacture a new product and to increase quality. Yet they terminated many of the quatlity department. Sell this stock as fast as you can.
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