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[CEO lays people off but does not resign] “You’re not taking responsibility!” [CEO lays people off and does resign] “You’re shirking responsibility in order

[CEO lays people off but does not resign] “You’re not taking responsibility!” [CEO lays people off and does resign] “You’re shirking responsibility in order to get your bonus!”

SamoyedFurFluff 3y ago
IMO a CEO shouldn’t be getting a bonus at all if the company is doing mass layoffs.
- brianwawok 3y ago
  Then don't take one when you make CEO.
  - SamoyedFurFluff 3y ago
    I don’t have to be one to criticize CEO actions. Especially since I, a regular worker, am the one that will be most impacted by their idiocy.
  - b3lvedere 3y ago
    Deal. Make me a CEO with a nice monthly salary. I don't need bonuses or golden parachutes, just a very nice stable income for the work i will be doing.
fatherzine 3y ago
CEO lays people off, forfeits their bonus [because they failed their responsibility to the employees] and then perhaps also resigns [because they failed their responsibility to the shareholders]
- lazide 3y ago
  Then CEO is broke - and people make fun of him for that. Leading based on other people’s complaint’s doesn’t work for anyone because people always have complaints no matter what.
  - foldr 3y ago
    >Leading based on other people’s complaint’s doesn’t work for anyone because people always have complaints no matter what. I guess that means that the behavior of CEOs is beyond criticism, then. Convenient!
    - lazide 3y ago
      And how did you get that? If the board doesn’t like the CEO (taking into account whatever criticism they think is fair), they fire him. The CEO running constant opinion polls? Not helpful.
      - foldr 3y ago
        Who’s asking anyone to run opinion poles? People are just offering their own opinions of the CEO’s actions. If that’s somehow not ok then it seems like you’re saying that people shouldn’t criticize CEOs.
        lazide 3y ago
        I think you might have lost context. The comment sub thread starts with ‘[CEO lays people off but does not resign] “You’re not taking responsibility!” [CEO lays people off and does resign] “You’re shirking responsibility in order to get your bonus!”’ And the reply was similar. My comments seem entirely appropriate in the context - which is none of this makes any difference to any CEO that is doing their job.
        foldr 3y ago
        The context is this comment: https://news.ycombinator.com/item?id=36056775 https://news.ycombinator.com/item?id=36056775 Someone responded basically saying that the CEO would be criticized whatever he did. That may be true, but it obviously doesn’t entail that all such criticism is invalid. For example, Joe Biden will be criticized by someone whatever he does, but that doesn’t mean that all criticisms of Joe Biden are equally valid or that no-one should criticize him.
ceejayoz 3y ago
Yes, the CEO wins in both of those scenarios. What people are looking for is "CEO lays people off and does resign without a golden parachute for fucking up". Maybe even a clawback for past years' bonuses if stuff like accounting shenanigans were used to earn them.
melindajb 3y ago
It’s fascinating to see on hacker news of all places, the negativity towards a founder with a very successful exit.

[CEO lays people off but does not resign] “You’re not taking responsibility!” [CEO lays people off and does resign] “You’re shirking responsibility in order to get your bonus!”

SamoyedFurFluff 3y ago

IMO a CEO shouldn’t be getting a bonus at all if the company is doing mass layoffs.

brianwawok 3y ago
Then don't take one when you make CEO.
- SamoyedFurFluff 3y ago
  I don’t have to be one to criticize CEO actions. Especially since I, a regular worker, am the one that will be most impacted by their idiocy.
- b3lvedere 3y ago
  Deal. Make me a CEO with a nice monthly salary. I don't need bonuses or golden parachutes, just a very nice stable income for the work i will be doing.

fatherzine 3y ago

CEO lays people off, forfeits their bonus [because they failed their responsibility to the employees] and then perhaps also resigns [because they failed their responsibility to the shareholders]

lazide 3y ago
Then CEO is broke - and people make fun of him for that. Leading based on other people’s complaint’s doesn’t work for anyone because people always have complaints no matter what.
- foldr 3y ago
  >Leading based on other people’s complaint’s doesn’t work for anyone because people always have complaints no matter what. I guess that means that the behavior of CEOs is beyond criticism, then. Convenient!
  - lazide 3y ago
    And how did you get that? If the board doesn’t like the CEO (taking into account whatever criticism they think is fair), they fire him. The CEO running constant opinion polls? Not helpful.
    - foldr 3y ago
      Who’s asking anyone to run opinion poles? People are just offering their own opinions of the CEO’s actions. If that’s somehow not ok then it seems like you’re saying that people shouldn’t criticize CEOs.
      - lazide 3y ago
        I think you might have lost context. The comment sub thread starts with ‘[CEO lays people off but does not resign] “You’re not taking responsibility!” [CEO lays people off and does resign] “You’re shirking responsibility in order to get your bonus!”’ And the reply was similar. My comments seem entirely appropriate in the context - which is none of this makes any difference to any CEO that is doing their job.
        foldr 3y ago
        The context is this comment: https://news.ycombinator.com/item?id=36056775 https://news.ycombinator.com/item?id=36056775 Someone responded basically saying that the CEO would be criticized whatever he did. That may be true, but it obviously doesn’t entail that all such criticism is invalid. For example, Joe Biden will be criticized by someone whatever he does, but that doesn’t mean that all criticisms of Joe Biden are equally valid or that no-one should criticize him.

ceejayoz 3y ago

Yes, the CEO wins in both of those scenarios. What people are looking for is "CEO lays people off and does resign without a golden parachute for fucking up". Maybe even a clawback for past years' bonuses if stuff like accounting shenanigans were used to earn them.

melindajb 3y ago

It’s fascinating to see on hacker news of all places, the negativity towards a founder with a very successful exit.