The CEO of AOL, Tim Armstrong has regretted his offhand remark about distressed babies. The changes in employee benefits that he had decided upon backfired. This occurred after one of the company’s staff members went on air to complain regarding the absurdity of Armstrong’s point of view. The CEO has apologized for his flippant words.
A plan to cut employee retirement benefits at AOL went awry after the CEO mentioned the two women at the company who were the reason behind the decision.
One of them appeared before the media and criticized Tim Armstrong about his callous attitude towards her premature baby whose delivery was an ordeal.
That is when the CEO changed his mind and both apologized to the families concerned and reinstated the previous benefits.
The fact that he gave specific examples of people on the company’s payroll is something about which Armstrong is clearly very sorry. It was a blunder of the worst kind and he confessed his lack of good judgment in this regard.
The pinpointing of two women who had “distressed” babies, and who got covered under President Obama’s health plan, cost the CEO more than he had bargained for. One of the mothers took the matter up in front of the media.
Deanna Fei said that the reduction of her darling baby, whose life had been saved, to a problematic issue was something which she didn’t agree with.
The narrowing of the focus of things to materialistic concerns is a sad and sorry state of affairs we find ourselves in today. We need economics with a human face and not an inhuman one.