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Atma
Title: Dragoon
Joined: Apr 29 2010
Location: Cincinnati, OH
Posts: 2450
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http://now.msn.com/money/0227-nyt-consultant.aspx
| Quote: |
It was public information back in December when New York Times president and CEO Janet Robinson was "stepping down," that she'd get $4.5 million to serve as a consultant to the company.
What we didn't know was that she only has to clock a maximum of 15 hours a month for that money, footnoted.com reports. That's the maximum. The minimum? Zero!
Robinson will get paid $375,000 a month, or $25,000 an hour, regardless of whether the Times calls her up for help or not. The Times Co. has been struggling with pension costs, a decline in print revenue and drops in ad revenue and circulation numbers. |
Makes sense to me.
Man, I wish I could be a fired CEO when I grow up. Nice to know my yearly salary is matched 8 times in a month.
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Beach Bum
Joined: Dec 08 2010
Location: At the pants party.
Posts: 1777
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Man I want her job. I'll take 25k an hour to sleep 10 hours a day and spend my time doing whatever the hell I want the other 14. Only problem I'd have was if they called me up, I'd probably be so wasted they'd have no idea what I was saying because if I'm making that kind of money for no effort I'll be sitting on a beach drinking margaritas 7 months out of the year.
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username
Title: owner of a lonely heart
Joined: Jul 06 2007
Location: phoenix, az usa
Posts: 16135
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as a consultant?!?! lol dumb ass NYT.
"we're losing money in printing & pensions and we dont know what to do"
"you'll be fine, just keep paying me $375k/month"
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| Klimbatize wrote: |
| I'll eat a turkey sandwich while blowing my load |
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@om*d
Title: Dorakyura
Joined: Jul 10 2010
Location: Castlevania
Posts: 4226
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aeonic
Title: Sporadic Poster
Joined: Nov 19 2009
Location: Kissimmee, FL
Posts: 2747
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Just another reason that newspapers are going the way of the dodo. Every time I see one of those kiosks outside a grocery store or whatever offering a paper subscription and they ask if I want one, I say, "No thanks, I have the Internet." That's where I get the news slants and opinions other people want me to read!
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Who likes role-playing games? Me. Way too goddamn much. |
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Ghandi
Title: Alexz Aficionado
Joined: May 21 2008
Posts: 2889
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Maybe print media would survive longer if they didn't give $4.5 million to people who aren't working and put it back into the company.
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aeonic
Title: Sporadic Poster
Joined: Nov 19 2009
Location: Kissimmee, FL
Posts: 2747
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| Ghandi wrote: |
| Maybe print media would survive longer if they didn't give $4.5 million to people who aren't working and put it back into the company. |
This. Also, how else would they justify laying off several dozen staffers who make about that much combined? "Look, Jim, we know you've been here for twenty years, but Janet needs a new private island, and it's a little unfair to ask her to work for it when she's obviously done such a great job running this company in the first place."
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Who likes role-playing games? Me. Way too goddamn much. |
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The Opponent
Title: Forum Battle WINNER
Joined: Feb 24 2010
Location: The Danger Zone
Posts: 3495
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You're doomed! Give me money, quick!
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I'm not a bad enough dude, but I am an edgy little shit. I'll do what I can. |
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Blackout
Title: Captain Oblivious
Joined: Sep 01 2007
Location: That Rainy State
Posts: 10376
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