News for hackers. Stuff that matters.
Re:A Message from Eric Yuan, CEO of Zoom by ChrisMarshallNY on Tuesday February 07, 2023 @04:34PM (#34700078)
> When you’re making CEO salary, no amount of salary reduction will have a day to day impact, but this seems strongly symbolic at least.

If I remember correctly, Steve Jobs had a $1 salary.

And a Learjet.

A lot of these folks don't make most of their money from salary. If his main income is from stocks, then he may actually be doing fairly well.

Re:A Message from Eric Yuan, CEO of Zoom by rchaud on Tuesday February 07, 2023 @05:09PM (#34700501)
Which is what makes it galling to see other CEOs, also receiving most of the compensation in stock, 'taking responsibility' by....leaving their personal bottom lines unchanged.

Unlike Steve Jobs though, the Zoom CEO won't be able to back-date his options to collect a cool $20 mill in capital gains [0]

[0]: https://www.cultofmac.com/443542/steve-jobs-apple-stock-back...

Re:A Message from Eric Yuan, CEO of Zoom by stainforth on Tuesday February 07, 2023 @10:29PM (#34703753)
The learjet flights were "unrealized flights"
Re:A Message from Eric Yuan, CEO of Zoom by fijiaarone on Tuesday February 07, 2023 @11:28PM (#34704143)
Because of his Gulfstream?
Re:A Message from Eric Yuan, CEO of Zoom by ChrisMarshallNY on Wednesday February 08, 2023 @03:37AM (#34705637)
I know it was a Gulfstream, but I referred to it as a “Learjet,” because that’s a more well-known term, and it really doesn’t matter to most of us mensch. It’s like calling a Fuji copy machine a “Xerox” machine.

Fairly standard type of literary trick.

Re:A Message from Eric Yuan, CEO of Zoom by stainforth on Saturday February 11, 2023 @06:23PM (#34757516)
My comment was a play on another comment that refers to wealth from stock as "unrealized gains"