I work for a large corporation. [rant mode]Our last CEO didn't know anything about running a company except for Six Sigma and cutting headcount. (Problems DID arise when we began getting orders for certain products . . . and didn't have the people to manufacture them. But it wasn't HIS fault, oh no . . . ) And in the midst of the people cutting, they upgraded the company's air force to NEW Gulfstream V's. (I think we have at least 4.)
Our current CEO doesn't know anything except cutting employee benefits - he eliminated annual stock option grants for about 6 or 7 thousand people, froze salaries for a year, has used Obamacare as an excuse to curtail retiree medical benefits, and has held salary increases this year to just over 1% . . . except for executive compensation, which has gone up 59% . . . and of course the company's executive resort remains.
They cut back on things like donuts & coffee at meetings, but even though we have video conference rooms, some of our seagull managers still do a lot of travel. (Seagull managers . . . fly in, make a lot of noise, cr@p on everything, and fly out . . . just like seagulls.)
Waste abounds. [/rant mode]