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0 pointsarchagon20d ago0 comments

"As the CEO responsible for the asinine decisions that got us here, I am stepping down immediately, without severance."

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Not to forget. "I am also returning all of my pay to company."

I feel like this would just select for business leaders that take zero risk.

I don’t think I’ve heard of a single tech CEO resigning for massively fucking up. They only “take responsibility” to the extent of saying those magic words.

missedthecue20d ago

Well there's the several billion of severance expense. I mean do we want to hang someone every time there are layoffs?

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Ekaros20d ago

Not to forget. "I am also returning all of my pay to company."

missedthecue20d ago

I feel like this would just select for business leaders that take zero risk.

archagonOP20d ago

I don’t think I’ve heard of a single tech CEO resigning for massively fucking up. They only “take responsibility” to the extent of saying those magic words.

missedthecue20d ago

Well there's the several billion of severance expense. I mean do we want to hang someone every time there are layoffs?

j / k navigate · click thread line to collapse