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"You" who? He's the largest shareholder both by share count and, even more so, via his super-voting shares. As another commenter noted, the layoffs made shareh
by gwbrooks 4y ago
"You" who? He's the largest shareholder both by share count and, even more so, via his super-voting shares.
As another commenter noted, the layoffs made shareholders money. Assuming the board is largely made up of equity holders, a clawback would punish exactly the sort of behavior and performance they want.
Equity confers different responsibilities, rights and, yes, paydays than labor. Acting like every hit the latter takes should somehow mean a haircut to the former ignores that.