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Would be interesting if there was a way for corporate boards to be more accountable for their mistakes in situations like the current tech layoffs. It is somewh

Would be interesting if there was a way for corporate boards to be more accountable for their mistakes in situations like the current tech layoffs. It is somewhat understandable if in a lot of these cases the CEOs are just cat’s paws of the will of the boards. I suppose activist investors who pushed for aggressive growth strategies because of the FOMO environment will be losing a lot of money, but that's little comfort to the people losing their jobs.

pm90 4y ago
> I suppose activist investors who pushed for aggressive growth strategies because of the FOMO environment will be losing a lot of money, but that's little comfort to the people losing their jobs. Right, and I see little in the news about investors taking responsibility for misreading the market and losing value, all the fault appears to rest with the CEO's for hiring aggressively and for employees not being productive enough. In a certain sense, I think we need more journalists that cover tech, so that we can get deep dives and some real answers. What we currently have is "journalists" whose main source of news is going to events/parties, socializing with the elite and then parroting their perspectives. There is very little "hard" journalism happening here, its more "access" journalism.