3 ms·

Sincerely: you don't sound very business-savvy, if you think five executives are just gonna eat a 20% pay cut like that.

• Dalewyn 3y ago
  If executives kill their organization because they take out too much in pay relative to revenue and other costs, yeah they aren't very business savvy indeed.
  • klyrs 3y ago
    Bain Capital disagrees!
    • readthenotes1 3y ago
      Bain Capital only destroyed other businesses. The business of plundering other businesses remained solvent.
      • klyrs 3y ago
        Fascinating. An individual pirate is a business slouch; a team of pirates is a business savant?
        • Dalewyn 3y ago
          Business is fundamentally a question of how to rip someone off without pissing them off.
          • Apocryphon 3y ago
            To bring this discussion full circle, sounds like those executives were quite business-savvy after all.
  • Apocryphon 3y ago
    Maybe that compensation was tied to some gameable metric like adjusted EBITDA as so many startups do. Or free cash flow like at Warner Brothers. https://variety.com/2024/biz/news/warner-bros-discovery-david-zaslav-2023-compensation-pay-1235974254 https://variety.com/2024/biz/news/warner-bros-discovery-davi...