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Comment by tombert

Not really. If the CEO was in charge of the direction of the company, and that direction was so bad that they have to make major layoffs and cuts, then they shouldn't be rewarded for this.

This isn't a fucking game. These are human lives. Microsoft laid off 10,000 humans [1] because their idiotic CEO decided it would be a really good idea to overhire like crazy in 2021 and 2022. This was the wrong decision and now they have to do massive layoffs and paycuts.

Compulsively making high-risk decisions in the hope of short term rewards is such a common thing that we actually have a word for it: gambling. This gambling addict has uprooted 10,000 human beings' lives, and yet he still gets a $10,000,000 bonus. Get off your high horse.

[1] https://techcrunch.com/2023/05/09/tech-industry-layoffs/

parent tombert 3 years ago

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