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For clarification JBLU doesn’t pay a dividend to shareholders. Instead, they do buybacks (those are the two methods by which a company can return cash to shareholders). Some companies do both. JBLU only does buybacks. That said I don’t think we will see any buybacks for a while. Furthermore, it sounds like you might have just been implying that JB cares more about the share price than its employees. While that is probably true, they are more worried about cash preservation and survival than their share price right now. Sorry you are on the receiving end of it. I don’t agree with what they did. It will be a lot harder to sell their culture BS to future employees now that they’ve shown their true colors. Hopefully they do the right thing with you guys sooner rather than later.Originally Posted by RegionalRetread
These companies also didn’t have a massive pool of free money being given to them to specifically cover employee compensation. They knew the money was coming when the decision was made to send us home. I understand there are/will be strings attached. The details of which could be significant but I really doubt that’s a bigger concern for them than share holder dividends.