Re:The ‘Pity City’ CEO Is Sorry Now
by monero-xmr on Thursday April 20, 2023 @01:08AM
(#35636626)
The board can fire the CEO and the CEO can fire anyone. By all means start your own company that operates differently. It isn’t surprising to me that the most effective companies are all setup essentially the same however.
[ Parent
| on HN ]
The least effective companies are all setup the same way too.
CEO's get paid when the companies do well and they get paid when they do poorly. They get paid if it completely falls apart. How does that help companies perform better? How does that profit and loss math work here?
They get paid when they’re fired. They get paid when they’re accused (credibly even) of sexual harassment and misconduct. For all this talk of “math”, this particular math is just beyond my ability to grasp.
I don't see how that was in dispute or responsive to the previous comment.
Re:The ‘Pity City’ CEO Is Sorry Now
by reitanqild on Thursday April 20, 2023 @01:12AM
(#35636655)
> and the CEO can fire anyone.
Americans...
In civilized parts of the world you cannot fire anyone except for in specific circumstances.