4 ms·
>What would it look like for a CEO to “take responsibility” for layoffs? The first two are of no meaningful consequence to even a single millionaire CEO. CEO p
by vsareto 4y ago
>What would it look like for a CEO to “take responsibility” for layoffs?
The first two are of no meaningful consequence to even a single millionaire CEO. CEO positions may actually get paid large sums of money when they leave. Those CEOs could then immediately retire to modest conditions and do nothing for the rest of their lives.
Working harder might be impactful, but considering companies have done cyclical layoffs before and are doing it again, how much confidence does saying that really garner?
So they can't take responsibility to the same magnitude of the people getting laid off - especially in the US where you lose health insurance.
- PaulKeeble 4y agoA real consequence would be taking their own wages and using it to pay people so they aren't laid off. Then they would be taking cooperative responsibility for their own failures.