troyguitar wrote: ↑Mon Jun 29, 2020 2:32 pm
Johnny_P wrote:
"Hmmm all the other companies out there are doing it, so we can too! Even though we don't need to."
7 figure bonus for CEO. Stock goes wild. That's all that actually matters anyway.
Revenue seems like it must be way down across the board pretty much everywhere
unless you are a grocery or liquor store. I am surprised that unemployment isn't more like 50%.
Our company is breaking records and has almost 2X the cash in the bank as PRE-COVID. They have handled it well and returned back people's salaries that were cut, but still haven't reinstated the 401K match.
85% of our business is selling hardware to residential A/V integrators, this biz is really strong as rich people stay rich and they're home more, so they want better networks, home theater, security, etc.
I am in the much smaller commercial division which is way down by comparison, as a ton of our business is for A/V in bars, restaurants, offices, etc.
At least they aren't shit canning me.