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What I don't understand is why the board never calls for a significant paycut for the CEO alongside layoffs.
by mupuff1234 3y ago
What I don't understand is why the board never calls for a significant paycut for the CEO alongside layoffs.
- bigstrat2003 3y agoThe same reason the board never does anything to punish CEOs, even when they run the company into the ground. It's a good old boys network where the people on the board are themselves an executive somewhere else, and they want their own boards to take care of them.