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That some people losing their jobs have it better than others has nothing to do with the hypocrisy of a CEO claiming to take full responsibility while suffering
by kevinventullo 2y ago
That some people losing their jobs have it better than others has nothing to do with the hypocrisy of a CEO claiming to take full responsibility while suffering zero consequences.
- blitzar 2y agoThe market love the announcement of 20% cut in staff so the share price is up 2.85%. The full responsibility personally benefited the CEO by ~$56,000,000
- bachmeier 2y agoI was responding to this > I'll upend your life instead $125,000 of severance for high-salary employees that have large retirement accounts isn't "upending" their lives. Complaints about a severance package like that belong in the same bin as billionaires complaining about paying taxes.
- kevinventullo 2y agoWhite-collar Dropbox employees have infinitely more in common with minimum wage hourly workers than any billionaire. Not just qualitatively in terms of freedom, but even quantitatively: the relatively extreme 10x difference of a $40k versus $400k salary is dwarfed by someone with a net worth 5000x the high end of that range.