World News

32082 readers

1175 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 4 years ago

MODERATORS

[email protected]

320

CEOs' pay climbed before layoffs at tech giants like Alphabet and Microsoft, data shows (abcnews.go.com)

submitted 1 year ago by [email protected] to c/[email protected]

15 comments fedilink hide all child comments

cross-posted from: https://lemmy.zip/post/1125959

Archived version: https://archive.ph/iXnTL
Archived version: https://web.archive.org/web/20230806123650/https://abcnews.go.com/Business/ceos-pay-climbed-layoffs-tech-giants-alphabet-microsoft/story?id=101665156

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 30 points 1 year ago (2 children)

Because the shareholders get the other half

[–] [email protected] 8 points 1 year ago

This feels like one of those weird game theory problems where you have to solve for the minimum amount you would have to pay to ensure no one bothers to stop you.

[–] Dran_Arcana 2 points 1 year ago

If I were a large shareholder, I'd demand a lot more than half goes to growth or my own dividends.