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It's wild to me that a CEO can simultaneously take responsibility for the decision to over hire, and also suffer none of the financial consequences. In fact, ME
by rybosworld 4y ago
It's wild to me that a CEO can simultaneously take responsibility for the decision to over hire, and also suffer none of the financial consequences. In fact, META stock is up 7% on this news, so Zuck has made money on this decision.
I think that's a major inefficiency in modern corporations. Executives are the last to face consequences when they make a bad decision.