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Let's zoom in on what happens when a CEO is replaced. They get a severance package that is more than what I (making 6-figures even) will make in a lifetime. Tha
by aaron-santos 5y ago
Let's zoom in on what happens when a CEO is replaced. They get a severance package that is more than what I (making 6-figures even) will make in a lifetime. That's what I mean when I'm taking about risks. If I do any of those things, then I'm risking food, housing, and taking care of my kids. If a CEO does it, then he is risking early retirement. That is what makes all the difference.
- 29athrowaway 5y agoSometimes the CEO can do so much harm to a company, that there's no going back. The entire company becomes a failure, and not only the CEO gets a severance package... every employee gets laid off too. And the shareholders lose their money, and the investors lose their investment... The livelihood of thousands of people can be in the hands of a CEO. If you have something against hierarchies, that's your problem, man. Hierarchies exist everywhere and have always existed. Larger groups beat smaller groups, and groups need coordination and leadership.
- aaron-santos 5y agoThanks for the discussion. I'm feeling pretty good that this kind of back and forth didn't devolve the way usual does, but the HN comment section is probably not the right venue to keep going with this. If you do want to continue talking about it, my contact info is in my profile.