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Re:Meta Scrutinizing Sheryl Sandberg’s Use of Facebook Resou... by triceratops on Friday June 10, 2022 @07:10PM (#31700362)
> in a few years they may find themselves unemployed and unemployable.

Are they really though? To take just one example, Sheryl Sandberg would still make a perfectly good senior product manager or something. Lots of places would hire her and it has great wages and benefits (by the standards of us mere mortals).

Re:Meta Scrutinizing Sheryl Sandberg’s Use of Facebook Resou... by kleinsch on Friday June 10, 2022 @09:17PM (#31701087)
That’s hilarious. She was COO of a company with 80K employees. She’s worth $1.6B. You think anyone is going to pay her an amount she’d care about to be a senior PM? You think she cares about benefits?

Fidji Simo (who was 1-2 levels under Sheryl on the org chart) is now the CEO of Instacart.

People in this thread are dramatically underestimating the position and compensation she just left.

Re:Meta Scrutinizing Sheryl Sandberg’s Use of Facebook Resou... by triceratops on Saturday June 11, 2022 @09:03AM (#31704148)
You misunderstood me. I was responding to a comment that execs must be paid enough money to never need to work again because they may be "unemployable" if they are fired. I was making the case that this isn't literally true, and even if they have to go back to the job they were doing before becoming an exec (and I don't know if Sandberg was ever a PM), it's not some terrible situation. Obviously Sandberg isn't going to become a PM. But she might have if she was only worth 1.6m and for some reason really unhireable for another CXO position.

Unless an exec is fired for financial fraud or serious misconduct (and even the latter isn't always a barrier, there are many counterexamples) they'll pretty much always find another role of equal status, if maybe not equal comp, if they want it.

Re:Meta Scrutinizing Sheryl Sandberg’s Use of Facebook Resou... by nostrademons on Friday June 10, 2022 @07:22PM (#31700438)
A lot of companies won't hire former execs that have been the center of the world, because they figure anything they could offer them is a step down and the exec will be bitter and demoralized about their loss of status. It's not necessarily an accurate perception - I know plenty of people who don't care about status and are just looking for interesting things to do - but it tends to be more accurate among the population that gets to the exec level in the first place.

Marissa Mayer is running a startup lab now, Amit Singhal is doing philanthropy, Travis Kalanick is starting ghost kitchens, Eric Schmidt is also doing philanthropy plus venturing into politics & punditry, Andy Rubin is a venture capitalist, Chris Sacca retired to Montana and occasionally appears on Shark Tank. While they may have the skills to take lower-level corporate jobs, the folks who reach those levels generally don't have the personality or inclination for it.

Re:Meta Scrutinizing Sheryl Sandberg’s Use of Facebook Resou... by titanomachy on Friday June 10, 2022 @09:57PM (#31701283)
Didn’t Eric Schmidt buy Cypriot passports for his whole family and peace out of America?
Re:Meta Scrutinizing Sheryl Sandberg’s Use of Facebook Resou... by nostrademons on Saturday June 11, 2022 @03:01AM (#31702574)
Cypriot passports yes, peace out of America no. Just yesterday it came out that he funds a lot of technology and national-security offices within the government:

https://www.vox.com/recode/2022/6/9/23160588/eric-schmidt-am...

When you're that rich you buy insurance policies so that if any one state goes down, you don't go down with it.

Re:Meta Scrutinizing Sheryl Sandberg’s Use of Facebook Resou... by titanomachy on Saturday June 11, 2022 @12:45PM (#31705884)
I had a negative reaction when I heard about this, but I’m also coming from a privileged position of having more than one developed-world passport (immigrant parents) so I really can’t criticize. If I was in his position maybe I’d do the same.
Re:Meta Scrutinizing Sheryl Sandberg’s Use of Facebook Resou... by luckydata on Friday June 10, 2022 @09:03PM (#31701007)
She would most definitely not make for a good pm, I'll tell you that much. Her org was a carnival of poor management and lackadaisical attention to detail. She never struck me as someone that sweats the details.