But get a load of these fucking excuses, and tell me if I'm missing something here:
First of all, maybe I've been in the wrong line of work my entire life, because I have never heard of contractually obligated bonuses. It sounds like some sort of accounting loophole, frankly. Who the fuck puts a bonus in a contract? If the company does well, people get a bonus determined by how well they've exceeded performance, and by their position and seniority in the company. What is this legally binding contract shit?
Which brings us to the second issue: if these bonuses are, in fact, performance-based, then they are way out of line. Their performance fucking sucks dead rhino. Their bonus should be a public flogging, or a kick in the crotch. The adjustment is not "arbitrary", contra Edward Liddy's pathetic whinging. I can't think of another occupation where people would demand to be paid extra for absolutely miserable performance.
I do not understand this weird idea they keep spouting, that these bonuses are necessary to retain talent. These people are not fucking talented; they are a bunch of dipshits who tanked the world's economy. Who else would hire such people, when they demand to be so well-compensated even when they screw the pooch? I wouldn't let these morons clean my gutters; I sure as hell don't want to pay them a bonus. You work for us peons now, you thieving motherfuckers, you may have to earn your keep.