What's the point firing managers? Swiss re-hires them as consultants and pay them three time better. See what happened with former LX-CFO Th... H...
He gets 3'600 Swiss Francs per day (I say per DAY) for ten days of work for SWISS per month. It makes 36'000 Swiss Francs a month, i.e. 432'000 CHF (280'000 euros) a year, as a consultancy fee – not as a salary – nota bene.
Isn't life at Swiss great?
By the way, while setting up the proper Aktiengesellschaft to lower the tax burden on his consultancy fee from 8,65% to 7,23% (the next «Kanton» has cheaper rates), there is another CFO at Swiss, Mr. Svensson, who gots fully paid for the job... So, what do you worry about? Obviously, there is still plenty of money to be burned there. Just help yourself as managers do.
Sorry for getting sarcastic about the issue. It's simply getting
