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Re:CEOs’ pay climbed before layoffs at tech giants like Alph... by satvikpendem on Saturday August 05, 2023 @10:13PM (#37018305)
Compensation is not about need, it's about supply and demand. If I as a Google shareholder could pay 225 million to receive billions in profit and thereby drive up the stock price and my stock value, then I'll take that deal, and that's how every other shareholder thinks, too. Because if not, then they could simply vote to not pay for the CEO's compensation.

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