CHICAGO (CBS) — Shh. Don’t breathe a word. Be quiet about unemployment in Illinois, about 750 workers being fired by Motorola Mobility.
Gov. Pat Quinn wants us not to talk about it, especially about the $100 million tax break he gave to Motorola in exchange for a promise not to fire employees. They lose those tax incentives now that they’ve broken their promise.READ MORE: New ILogin Verification System Is Locking Out Illinoisans Trying To File Unemployment Claims
Never mind the promise — business is bad, says Motorola. We have to fire employees. They’ll just have to grin and bear it.
There’s no grinning and bearing it for the Motorola CEO who’s been fired, Sanjay Jha. No bearing it that is, just grinning.READ MORE: Dolton Police Involved In Incident Where Shots Were Fired On Bishop Ford Freeway
Jha was paid $13 million in 2010, $47 million last year, and has left the company with a $64 million golden parachute.
Get that money back, Motorola, and you won’t have to fire 750 employees.
For a year, at least, you can keep your promise not to fire your employees, in which case you won’t need us to be quiet.MORE NEWS: Chicago Weather: Cool Changes