• givesomefucks@lemmy.world
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    26 days ago

    Because CEOs are a symptom.

    The problem is our investment economy that focuses only on the stock prices continually going up. It’s literally an unsustainable system.

    If a CEO puts their personal safety over the investors, the company gets a new CEO.

    They’re not the one really making the worst decisions, they’re the ones who agreed to take a shitton of money to be the face of the company and take all the blame.

    CEOs don’t get paid for the work they do, they get paid to be the fall guy.

    Still absolutely shit people who deserve zero sympathy, but they’re not the real problem, just a symptom

    • octopus_ink@lemmy.ml
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      26 days ago

      If a CEO puts their personal safety over the investors, the company gets a new CEO.

      How many times will they be willing to get a new CEO before they make changes? How many times will someone accept promotion into that position? I wouldn’t take Brian Thompson’s job for any amount of money right now, would you?

      • givesomefucks@lemmy.world
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        26 days ago

        How many times will they be willing to get a new CEO before they make changes

        They’d do it on the daily if it makes them more money…

        What do you think a CEO actually does?

        They listen to what high level management says is best, and then just does whatever brings the stock price up fastet disregarding everything else.

        There’s a reason they all get golden parachutes. None of them care past the last board meeting