While this is totally NCR’s prerogative, and the past two US administrations have created record inflation (though it started with Bernanke in 2008), we struggle to understand all the increases when salaries have likely not increased by 8.5%.
Cloud computing costs have, however, increased with the rapid rise in energy costs.
NCR will need to increase fees substantially more than this to convince the market they’re not sitting on top of a rotten turd of a business.
But who are we to complain when a new management team has destroyed a 140-year old company in a few short years while bilking shareholders for tens of millions of dollars in compensation all the way down the toilet.
Nothing to see here, folks.
Add comment