If only Dell’s (DELL) former president of global operations, Michael Cannon, was as good at running a computer company as he is at negotiating employment contracts.
It gets worse: Chief marketing officer Mark Jarvis, also canned, gets 12 months’ base salary and — if you believe it — a “target bonus.”
None of this can be reassuring to Dell shareholders, who have seen Dell shares lose about 57% of their value in the past year. Nor to Dell’s employees, who are being laid off and asked to take unpaid time off from work.
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