Same here. I can't believe the cringy, "I take full responsibility (but no consequences)" line has become a standard part of the CEO layoff announcement. Saying

Same here. I can't believe the cringy, "I take full responsibility (but no consequences)" line has become a standard part of the CEO layoff announcement. Saying you take responsibility, without actually sacrificing anything or really facing any consequences at all is so obviously slimy and patronizing, I don't know why anyone thinks it's a good thing to say. Actually it's even worse than no consequences; often times these layoffs give the CEO more money. Their compensation is typically heavily in stock and these layoffs often raise the stock price, directly increasing the CEO's net worth. Taking "full responsibility" indeed.