3 ms·
Consider the growing list of CEO who have "taken full responsibility" for layoffs without taking on any of the downside. Even on a symbolic level this is the ri
by blululu 4y ago
Consider the growing list of CEO who have "taken full responsibility" for layoffs without taking on any of the downside. Even on a symbolic level this is the right thing to do, but practically speaking it signals some sense of skin in the game which is sadly lacking from CEO's who let go of staff without acknowledging that it was a failure of their management in any material terms.
- juve1996 4y agoCEOs are too rich to ever have skin in the game. It's a meaningless exercise. Tim Cook will never feel the pain of a layoff like someone at the genius bar.