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Two weeks ago, during an all-hands in front of roughly 3,000 full-time Unity employees, Riccitiello assured staffers the company was not in any financial troubl
by Pulcinella 4y ago
Two weeks ago, during an all-hands in front of roughly 3,000 full-time Unity employees, Riccitiello assured staffers the company was not in any financial trouble, and that Unity wouldn’t be laying anyone off, according to sources who attended.
Wonder if this was accurate or if we are starting to see the onset of a recession and companies are trying to shore up their financials (at the cost of their employees livelihoods).
- Jasper_ 4y agoIt's such a weird thing to say out loud, since it means you either have a CEO who's lying, or one who's incompetent and can't forecast past 2 weeks. Not sure Riccitiello has to care about either, given he makes $22 million dollars a year though.
- Thorentis 4y agoHow can Unity justify paying him & $22m a year when they need to lay off employees to stay afloat? Surely option 1 would be cutting the CEOs salary, even so a very modest but perfectly livable wage of I dunno, $1m?
- throwaway5959 4y agoBwahahahahahahaha. This is America baby.
- mcv 4y ago$22M/y sounds like it could easily pay for over a hundred software engineers.
- phendrenad2 4y agoWhy do CEOs make so much anyway? My theory is it's become a corporate status symbol, a way to grift the wealthy by flashing a well-to-do CEO in front of them. "We're not desperate for your investment, why we pay our CEO $22 million a year! But yeah please send that check ASAP please..."
- mbrodersen 4y agoBecause CEOs pretty much decide their own salary. CEOs are on each other’s boards, making sure that CEO salaries are never questioned.
- Ekaros 4y agoWhy do I keep being surprised time after time with these seemingly very big head counts... Maybe I just misunderstand what these companies are doing. But 3000 for Unity seems somewhat on high-side.