Political Quotes

Sherrod Brown: “Last week Levi Strauss laid off 6,400 workers, mostly women, most of them making between $5.50 and $7.50 an hour. But…”

On the recordNovember 13, 1997
Last week Levi Strauss laid off 6,400 workers, mostly women, most of them making between $5.50 and $7.50 an hour. But last year, according to the San Francisco Chronicle, Levi Strauss gave its No. 2 executive, Thomas Tusher, $105.8 million in stock options. Then it threw in another $21.5 million as a bonus to offset taxes. Mr. Speaker, 6,400 people lose their job, one executive gets $127 million. My colleagues have heard of golden parachutes? Well, this, Mr. Speaker, is a platinum parachute, and meanwhile 6,400 people are looking for work. This has got to stop.
Said by
Sherrod Brown
Democratic · Ohio

Editor's note · Context

Addressing layoffs at Levi Strauss and executive compensation during a House floor speech.

Share

More from Sherrod Brown

Sep 30, 2026

The data centers, complements mostly of John Husted, were given two and a half billion dollars in tax subsidies to come to Ohio.

huffpost.com
Oct 12, 2026

I’ll always oppose Wall Street’s efforts to privatize Social Security.

ohiocapitaljournal.com
Oct 8, 2026

John Husted, I mean, he’s the guy that – he’s talking like he didn’t now – but he’s the reason these datacenters are here – 200 of them.

theguardian.com
Oct 2, 2026

Anything that we needed, he was there for us.

npr.org

Other voices in this conversation