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A comment on Robinhood lays off 23% of staff. Parent comment

Re:Robinhood lays off 23% of staff by bsuvc on Tuesday August 02, 2022 @09:31PM (#32326603)
> What if you applied this to a worker instead of a CxO? Would you yourself take a pay-cut, after the fact, if the company fails to perform?

Yes. Yes I would take the CEO's total compensation package.

I am skeptical that the CEO is worse off than any employee.

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Re:Robinhood lays off 23% of staff by chii on Tuesday August 02, 2022 @10:11PM (#32326833)
> Yes. Yes I would take the CEO's total compensation package.

As in you would accept, without knowing ahead of time, a cut to your salary when the company's performance drops?

I'm not talking about performance based bonuses or commission based pay. I'm talking about a salary that was pre-negotiated at the time of your employment, but upon the company performing badly, your salary is dropped.

This is what the OP is saying - that high CxO pay is the problem, and that they should have been paid less (after the company's performance dropped).

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