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All the CEOs are just saying they are taking the full responsibility without any consequences, not even reducing their pay which is hypocratic. At the least, th
by nblgbg 4y ago
All the CEOs are just saying they are taking the full responsibility without any consequences, not even reducing their pay which is hypocratic. At the least, they have to really tell how they are taking the responsibility not just words!
- welshwelsh 4y agoFor a CEO "taking responsibility" means laying people off to protect shareholder profits and taking heat from the media to protect other stakeholders from criticism. That's what they are paid so much money to do- someone making a normal salary isn't likely to take the initiative to cut thousands of jobs for the sake of the company. A CEO doesn't have any obligation to the workers; they are beholden to the company.