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That's not what the parent comment was referring to. Senior execs had golden parachutes they were due if they were terminated.
by hn_throwaway_99 3y ago
That's not what the parent comment was referring to. Senior execs had golden parachutes they were due if they were terminated.
- DonHopkins 3y agoWhy don't the people who actually do the work get golden parachutes?
- Uvix 3y agoBecause they don’t negotiate for it.
- replyifuagree 3y ago[flagged]
- jonathankoren 3y agoWe’re not even talking about golden parachutes. Literally every employee had a severance package specified and agreed to in the sales contract. Musk straight up violated the agreement the first week. The amount is negligible to the world’s richest man. He just violated it because he could. http://www.businesstoday.in/technology/news/story/elon-musk-accused-of-not-paying-500-million-in-severance-pay-to-ex-twitter-employees-gets-sued-389529-2023-07-13 http://www.businesstoday.in/technology/news/story/elon-musk-...
- hn_throwaway_99 3y agoI was referring to the GP argument that was specifically asking about exec payouts, not the broader point of the article that Musk is just stiffing these people just because he can.