12 ms·
"As CEO, I take full responsibility for this decision" Oh hey another one that takes responsibility by taking on 0 consequences.
by lifeisgood99 2y ago
"As CEO, I take full responsibility for this decision"
Oh hey another one that takes responsibility by taking on 0 consequences.
- whyenot 2y agoWhoa whoa whoa, he’s only taking responsibility for the decision.
- mv4 2y ago... and the circumstances that led to it!
- draw_down 2y ago[dead]
- Brosper 2y agoI mean yeaaa... it's just work. In big corporation. What do you expect from them? He will get bonus for "savings".
- throwCursive 2y agoResign? That's the obvious answer right?
- geodel 2y agoI take full responsibility for completing task assigned to me. So resign?
- throwCursive 2y agoYes! He failed.
- mv4 2y agoRemember Gavin Belson? "But make no mistake. Though they're the ones leaving, it is I who must remain and bear the heavy burden of their failure."
- insane_dreamer 2y agoThere was so much that was disgustingly spot on in that show.
- hylaride 2y agoWas that the same scene where he said "Their failure is my fault...for trusting them."? I just about had to change my underwear after that scene.
- mv4 2y agoThe setup leading to that phrase... brilliant.
- shepherdjerred 2y agohttps://www.youtube.com/watch?v=u48vYSLvKNQ https://www.youtube.com/watch?v=u48vYSLvKNQ same vibe: https://www.youtube.com/watch?v=hiKuxfcSrEU https://www.youtube.com/watch?v=hiKuxfcSrEU
- mv4 2y agoso accurate it's scary
- mattmaroon 2y agoWhat consequences would you like CEOs to take on when they have to do layoffs?
- malfist 2y agoResignation. If they made a big enough blunder to need to lay off 20% of their staff, they're not capable of leading the company. Why do we think they'd do any better next time if there are no consequences to their poor leadership?
- eob 2y agoHave you ever managed a complex, dynamic, changing system and found that the optimal size based on current conditions was 20% less than it was at some prior time? I can think of all sorts examples.
- izacus 2y agoWhy can't the CEO share the fate of laid off employees? They did nothing wrong either.
- mattmaroon 2y agoThe answer to your question is definitely no. Nobody who has ever ran a business for long would think that every layoff is due to CEO incompetence.
- Eric_WVGG 2y agomaybe antiquated, but seppuku is considered honorable
- shitlord 2y agoBy that logic, Mark Zuckerberg is a poor leader and should resign. I think most investors would disagree with that assessment.
- cbzbc 2y ago
- qeternity 2y agoGenuine question: what do people want from a CEO in this situation? What consequences do you want the CEO to face? A token reduction in pay? Being fired?
- elric 2y agoStep down. Forfeit stock/options/golden parachute.
- cma256 2y agoThe latter. If you can not manage the company correctly and it leads to the job losses of hundreds of people not to mention the millions in salary that was wasted by their poor planning then yes they should be immediately relieved and not allowed to run any other company. They are clearly incompetent. Considering dropbox is not facing some economic recession outside of its control we can only blame the CEO's incompetence.
- pizzathyme 2y agoMost big tech companies did mass layoffs in the past few years. They are now fully recovered and posting record profits this week all with the same leadership. You are saying they are incompetent and someone else could have navigated this better?
- triceratops 2y agoThose profits could've been even higher if they hadn't overhired, then paid out massive sums in severance.
- qeternity 2y agoA company's profits will, without exception, be lower if they never take any risks.
- klausa 2y agoYes, they could have just not fired the people and have ridden the AI wave all the same. Do you genuinely believe that the record profits are due to the layoffs, and not just because we just lucked out to enter a new bubble?
- pizzathyme 2y agoUnpopular opinion, but I don't understand this type of comment. It sounds like people want executives to get some kind of punishment or pain as a consequence of laying people off. But what would that even look like? A fine? That would probably make no practical difference, and would discourage them from making changes that need to be made. Fire them? Then you would probably get a worse decision maker in the driver seat going forward, who also didn't learn from experience of going through layoffs. Layoffs are awful. They affect lives and families deeply. But all businesses don't go up and to the right forever. Reductions are a necessary part of running competitive companies.
- aprilthird2021 2y agoWhy can't the executive taking responsibility also take a pay cut and tighten their belt the way they expect the company to and the people who they've fired do?
- ziddoap 2y agoThey say "I take responsibility" and then.. don't take any responsibility. It's insult on injury. How big of a bonus will this CEO get this year? Last year?
- foobarian 2y agoWhy do people understand this phrase "taking responsibility" as some kind of admitting of fault? Maybe I'm missing something, but it seems neutral and could even be referring to positive future outcomes for the company.
- fwip 2y agoBecause the context is that 20% of their employees are now unemployed. The tone of the letter is also "this is a hard but necessary choice" and not "this is great news for dropbox!" > As CEO, I take full responsibility for this decision and the circumstances that led to it, and I’m truly sorry to those impacted by this change.
- 2y ago
- flappyeagle 2y agoYour right. He should commit ritualistic suicide by slashing his belly with a short sword.
- whamlastxmas 2y agoWhile still titling it “A message from Drew”
- game_the0ry 2y agoWord. If CEOs were to actually take responsibility, they would fire themselves.
- oldpersonintx 2y ago[dead]
- deleted 2y ago[deleted]