No bonus

Jul 25, 2008 10:57

Excerpt from David Catt's email to all staff at Hometrack (received yesterday): "On the back of these communications you will most likely become aware that this year the company is not paying cash bonuses. This has been a very difficult decision for the management team to make but we feel in view of these unprecedented market conditions that the most prudent course of action is to preserve cash in the company."
Surely it's no coincidence that the 9am start today didn't really seem to be adhered to by many.
Previous post Next post
Up