Watch Corporate America Turn A Room Full Of Workers Into Bernie Sanders And Donald Trump Supporters
The past few years have been very good for United Technologies. The contractor does billions of dollars a year in business with the federal government. CEO Gregory Hayes pulled down nearly $10 million in 2014, and over $20 million the year before. On Thursday, the company reported $7.6 billion in profits, up from $6.2 billion the year before, and $5.7 billion the year before that. In October, United Technologies even expanded its stock buyback program to $12 billion. By spending the company's own money on it' stock, it elevates the value of its share prices. It was so flush with cash that it could burn money to boost returns for its investors.
Surely this largesse would trickle down to its rank-and-file employees, right?
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