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BrikoX@lemmy.zip to World News@lemmy.mlEnglish · 2 years ago

CEOs' pay climbed before layoffs at tech giants like Alphabet and Microsoft, data shows

abcnews.go.com

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  • cross-posted to:
  • antiwork@lemmy.ml
  • globalnews@lemmy.zip
  • technews@radiation.party
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CEOs' pay climbed before layoffs at tech giants like Alphabet and Microsoft, data shows

abcnews.go.com

BrikoX@lemmy.zip to World News@lemmy.mlEnglish · 2 years ago
message-square
16
fedilink
  • cross-posted to:
  • antiwork@lemmy.ml
  • globalnews@lemmy.zip
  • technews@radiation.party
CEO pay climbed before layoffs at tech giants like Alphabet and Microsoft, data shows
abcnews.go.com
external-link
Meta, Uber and Salesforce also raised CEO pay as they neared or had enacted layoffs.

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

  • hellishharlot@programming.dev
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    2 years ago

    Because the shareholders get the other half

    • henfredemars@infosec.pub
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      2 years 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@lemmy.world
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      2 years ago

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

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