this post was submitted on 12 Sep 2023
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IBM Software mandates in-office work for employees living within 50 miles | "Software Executive Focals" will be laying down the law (www.techspot.com)
submitted 1 year ago by L4s to c/technology
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IBM Software mandates in-office work for employees living within 50 miles | "Software Executive Focals" will be laying down the law::undefined

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[–] ArbiterXero 11 points 1 year ago (2 children)

The CEO literally has only one duty, and its fiduciary duty to the stock holders.

They can be sued and removed if they’re not doing what’s best for the shares.

That’s the biggest problem in society these days as far as I’m concerned

[–] [email protected] 5 points 1 year ago (1 children)

Yup, incentives at publicly traded companies are way out of whack and its killing us all slowly

[–] ArbiterXero 3 points 1 year ago

There’s just so much more value in “line goes up” than in “I make decent toasters”

[–] [email protected] 4 points 1 year ago

And only quarter by quarter. No long term responsibility to the shareholders.