In light of the news that another 250 Los Angeles Times employees, (Aka Sam Zell Partners) will be leaving, as announced by Publisher David Hiller and Editor Russ Stanton, I decided to post the responses we have generated thusfar from Survey question #3. .Do you think it is right for Sam Zell to lay off partner/employees when he borrowed against their retirement by creating an ESOP to purchase Tribune?
% of Respondents Number of Respondents
Yes, he has to pay his bills. 7.58% 5
NO, He said "You own this place now" 86.36% 57
Other:
He's Sam Zell. he's going to do whatever he wants, as long as it makes him richer.
1.52% 1
How about upper management take a cut in pay, to save money.
1.52% 1
no how can he borrow my money without my permision ?
1.52% 1
Should have never been allowed to leverage so much debt to buy Tribune.
1.52% 1
Number of respondents
66
Number or respondents who skipped this question
48
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