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If the CEO has to work for the shareholders benefit even outside the work then what about the rank-and-file? Should not all the Amazon employees be forced to sh

If the CEO has to work for the shareholders benefit even outside the work then what about the rank-and-file? Should not all the Amazon employees be forced to shop only at amazon.com and WFM? Should not all Microsoft employees use only Microsoft software? Should all Google employees use Pixel phones and Netflix employees fired for subscribing to competitor streaming services or buying movie tickets? I think your expectations of loyalty might be a bit exaggerated. A job is a job. Whether as a CEO or as a warehouse picker, it's not one's life.

rsynnott 2y ago
That you, Steve Ballmer? (He used to get very upset when Microsoft employees used iPhones, apparently). But no, _employees_ of a company do not have the same fiduciary duties towards a company that its officers do.
- pandaman 2y ago
  Officers are employees too. At what level do you make distinction?
  - veleek 2y ago
    All officers are employees, but not all employees are officers. C-suite employees are all officers at least. I’m not sure how far below that it expands.
    - pandaman 2y ago
      So it's just the name of the position? Somebody with a title of "chief nutritional officer" has to live for the employer and somebody doing the same job with the title of "associate project manager" doing the same job of ordering lunches can have a life? I mean, nothing stops you from making it into job requirements in your company, but, apparently, this is not a requirement at Tesla...
      - rsynnott 2y ago
        > I mean, nothing stops you from making it into job requirements in your company What, nothing stops you making director-style fiduciary responsibility a job requirement for normal employees in your company? I'd, er, check with a lawyer before you try that one.
        pandaman 2y ago
        You might want to check with a lawyer or, at least, with Google, what does "fiduciary responsibly" mean.
    - rsynnott 2y ago
      > C-suite employees are all officers at least. I'm not sure that's always or even often true, despite the 'O' in the name. You're generally mostly talking about the CEO plus directors.
  - deleted 2y ago
    [deleted]

rsynnott 2y ago

That you, Steve Ballmer? (He used to get very upset when Microsoft employees used iPhones, apparently). But no, _employees_ of a company do not have the same fiduciary duties towards a company that its officers do.

pandaman 2y ago
Officers are employees too. At what level do you make distinction?
- veleek 2y ago
  All officers are employees, but not all employees are officers. C-suite employees are all officers at least. I’m not sure how far below that it expands.
  - pandaman 2y ago
    So it's just the name of the position? Somebody with a title of "chief nutritional officer" has to live for the employer and somebody doing the same job with the title of "associate project manager" doing the same job of ordering lunches can have a life? I mean, nothing stops you from making it into job requirements in your company, but, apparently, this is not a requirement at Tesla...
    - rsynnott 2y ago
      > I mean, nothing stops you from making it into job requirements in your company What, nothing stops you making director-style fiduciary responsibility a job requirement for normal employees in your company? I'd, er, check with a lawyer before you try that one.
      - pandaman 2y ago
        You might want to check with a lawyer or, at least, with Google, what does "fiduciary responsibly" mean.
  - rsynnott 2y ago
    > C-suite employees are all officers at least. I'm not sure that's always or even often true, despite the 'O' in the name. You're generally mostly talking about the CEO plus directors.
- deleted 2y ago
  [deleted]