Embracer’s executives should be held accountable for their failures

  • GreenEnigma@lemmy.world
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    1 year ago

    Supposedly they get responsibilities, that’s why it’s justified they make the big bucks.

    But repercussions? Those aren’t C level things.

    For them, is Golden parachutes all the way.

    And I think to qualify all they really have to do is not see everyone else as human!

    • NovaPrime@lemmy.ml
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      1 year ago

      Responsibilities without consequences are just wish lists. If there are no repercussions then responsibility means nothing.

      • exoplanetary@lemmy.world
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        1 year ago

        Hard agree. The whole “bigger responsibility justifies bigger paycheck” idea is bullshit when the executives are far more willing to save their own asses by fucking over employees than take a pay cut and only be able to afford 19 yachts this year.

        One executive making $50m/yr is equivalent to 500 employees making $100k/yr (a fairly decent salary). Is the work they do 500x more valuable than an average employee? Strongly doubt it. The whole system’s fucking ridiculous and it absolutely disproportionally screws over the average person.

  • Leeks@kbin.social
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    1 year ago

    That increase isn’t in spite of the company’s layoffs. It is because of them.

    The feedback cycle rewards this behavior, so it will continue to happen.

  • joemo
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    1 year ago

    Spotify’s CFO was forced out, or something, following the massive layoffs earlier this month.

    https://www.theverge.com/2023/12/7/23992712/spotify-cfo-paul-vogel-leaving-layoffs

    So sometimes there are repercussions.

    I’ll never understand how you can work in the US, and the company can just let you go at the drop of a hat without reason and no one is at fault. Someone has to be at fault. If you lose your job and it wasn’t a temporary job, someone fucked up. Did the employee fuck up? Did some CFO get overzealous and couldn’t raise the necessary money? Did someone mess up the projections? Did sales not meet their quotas? Someone is at fault and there should be consequences.