this post was submitted on 04 Aug 2023
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[–] corsicanguppy@lemmy.ca 25 points 1 year ago (4 children)

β€œa very heavy heart”

Is the CEO quitting as part of the 6000? No?

[–] Magister@lemmy.world 14 points 1 year ago (1 children)

Watch out for his massive bonus for having efficiently reduced the payroll!

[–] Oldmandan@lemmy.ca 7 points 1 year ago

Layoffs happen, stock goes up, bonuses go out, services suffer; while profits stay basically the same, because the other options are doing the same thing, and we no longer live in a world where these services are optional. Such is the cycle of modern capitalism. >>

[–] GoodNewsEveryone@lemmy.ca 2 points 1 year ago

I wonder how how many jobs he could save if he gave up his bonus.

[–] jadero@lemmy.ca 2 points 1 year ago

More like "with heavy wallet".

[–] BedSharkPal@lemmy.ca 1 points 1 year ago

CEOs are always the first to get bonuses when things don't go well. But when your company has to cut thousands of jobs?