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> I mean, would you prefer they blamed someone else? The C suite and the Board are ultimately responsible for over-hiring and layoffs. Board should automatical
by notyourday 4y ago
> I mean, would you prefer they blamed someone else? The C suite and the Board are ultimately responsible for over-hiring and layoffs.
Board should automatically reduce CEO pay to $1.00 for the current and the next year every time a CEO "takes responsibility".
- rchaud 4y agoIt's a nice thought but this would send companies hurtling towards IPOs even faster than they are already doing, and using even more tricks to pump the stock.
- AlexTWithBeard 4y agoThey will have lots of problems trying to hire the next CEO then.