CEOs’ pay climbed before layoffs at tech giants like Alphabet and Microsoft

Re:CEOs’ pay climbed before layoffs at tech giants like Alph... by satvikpendem on Saturday August 05, 2023 @10:06PM (#37018273)

To shareholders (including many of us on HN, even), it's an investment of 225 million to receive profits of billions, thereby increasing the stock price for us. It makes perfect sense from that lens. If I could pay 1 dollar to turn it into 1000 dollars, I'd take that deal every time.

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Re:CEOs’ pay climbed before layoffs at tech giants like Alph... by cudgy on Sunday August 06, 2023 @04:15AM (#37019958)

If only you actually knew that he was the reason for that increase in performance.

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Re:CEOs’ pay climbed before layoffs at tech giants like Alph... by satvikpendem on Sunday August 06, 2023 @04:32AM (#37020042)

I do know it because I've also been in places where CEOs essentially destroyed the entire business. Just as absolute power in kings can create despots or benevolent dictators, so too can it occur in the chief executive officer.

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Re:CEOs’ pay climbed before layoffs at tech giants like Alph... by jarjoura on Tuesday August 08, 2023 @12:53AM (#37044650)

Google is overperforming in-spite of its CEO, not because of him. Google hasn't really been doing anything recently other than run on the fumes of its past successes.

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