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> Yahoo Inc. cut CEO Carol Bartz's compensation by 75 percent to $11.9 million last year as the Internet company struggled to revive its revenue growth, regulat
by mkramlich 16y ago
> Yahoo Inc. cut CEO Carol Bartz's compensation by 75 percent to $11.9 million last year as the Internet company struggled to revive its revenue growth, regulatory documents filed Friday show.
Ouch. That's pretty harsh. Down to a mere $12 million. That poor woman. How will she survive? It's hard work picking other people to do all the actual work in the company, and to keep a website property humming smoothly along. How will I cut costs? I know, I'll... I'll... I'll cut jobs! handed $2 million Thank you, that was hard work! Herp derp. (Note: I don't care that she's female. Story could just as easily been about one of the many more male CEO's of similar companies.)
This is yet another reminder why it's a good idea to try building your own business. So you can potentially achieve that level of pay, but without having to go through all the bureaucratic/brown-nosing/sociopathic processes one has to go through to potentially maybe rise through other people's corporate ladders. Bypass all that shit. Just make something other people want and scale it up.