this post was submitted on 17 Jul 2023
506 points (93.2% liked)
Technology
60099 readers
2926 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
And why would those executives and managers care about that? They just need to make sure they time their departures to be early enough that those holes don't impact the share prices. Welcome to modern capitalism where the C suites only goal is to make sure they deploy their golden parachute while the company still has enough cash left over to pay them.
Yeah, it should be obvious by now after 3 decades of 1980s-MBA style corporate management (and a Financial Crash that happenned exactly along those lines) that "the bonus comes now, the problems come after I've moved on" measures will always get a go-ahead from the suits at the top floor.