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> > I got this wrong, and I take responsibility for that. He's not taking responsibility. Taking responsibility would look like him saying "And I'm going to p
by maerF0x0 4y ago
> > I got this wrong, and I take responsibility for that.
He's not taking responsibility.
Taking responsibility would look like him saying "And I'm going to personally give 1% of my shares to those who are leaving spread equally". Responsibility means being willing to sacrifice something personal to make it right (or less wrong).
Zuck owns 13.6% of 2.687B shares, at a $104 a piece that 1% share would be about $30k per exiting employee. And basically no skin off his back.
That's true responsibility and ownership.
- ergocoder 4y agoIsn't it included in the severance packages? Just curious. Or you want the severance package to be 30k more?
- maerF0x0 4y agoSeverance is a distributed load that all shareholders + employees bear. Taking personal responsibility means personal action to resolve. Not making a decision to use the resources of others for one's own guilt. (at least this is my own ethical framework)
- nell 4y agoHe was worth $130B. Now, $34B. Hasn't sold any significant piece of it while he knew there are risks with changing the direction of the company. That should count for something.
- cortesoft 4y agoIsn't the plummeting stock price him taking responsibility and ownership? He has lost way more from that than 1% of his stock ownership.