If you can read this, [insert cliche here]!! Three days seems a long time to find a blown fuse at a “Central Office”, but when corporate planning necessitates cutting back on support staff so as to increase executive compensation, these occurrences are bound to happen. The customer gets screwed, but there is such a hassle to switch providers, companies like XO Communications (my sucky telecom) feel inertia is on their side. They may be right, but we'll certainly be perusing the list of their competitors in the near future.
2004 Net Income (mil.) ($405.5) 2005 Net Income (mil.) (146,505)I guess if you lose 400 million dollars in 2004, and lose another 200 million in 2005, you may have some problems. I see the CEO makes 1.4 million in salary, plus whatever perks a acolyte of Jack Welch can finagle.
Tags: Business
