3 ms·
While CEO pay may not be that material to the total revenue or total employee salaries; many shareholders (and the governments these companies seek bailouts and
by csdreamer7 2y ago
While CEO pay may not be that material to the total revenue or total employee salaries; many shareholders (and the governments these companies seek bailouts and grants for) must ask if their poor performance even comes close to justifying their pay while tanking morale among employees with layoffs and RTO mandates to get employees to quit.
Intel's and Boeing's past CEOs and arguably Google's current CEO for example did not justify their pay by any stretch of the imagination while their company's fundamentals tanked. Like many CEOs they coast on brand and monopoly effects. Google used to be seen as the AI leader for example. Intel's and Boeing's decline is becoming a national security concern for USA.
- naveen99 2y agoGoogle’s current ceo is probably on a short leash from the founders. So his failing is probably more their failing…