2 ms·

They are for CEOs and have been for decades. We call them "golden parachutes", and a lot of people hate them.

• _heimdall 6mo ago
  I assumed we weren't talking about CEOs though. Can't say I've ever heard of a CEO being impacted by layoffs.
  • bluGill 6mo ago
    CEOs get fired once in a while. It is different but the same.
    • _heimdall 6mo ago
      Not as part of a layoff, though yes they can get fired. If they play their cards right apparently they can also be rehired days later and install a board that better suits them.