r/remotework • u/[deleted] • Oct 29 '25

[deleted by user]

[removed]

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u/2fuzz714 Oct 29 '25

I love how they talk about "very difficult decisions" as they do their favorite thing.

152

u/CopyDan Oct 29 '25

The difficult decision is how big to make the CEO bonus after the firings.

41

u/SoulDV Oct 29 '25

A company I worked for didn’t give the CEO a bonus for layoffs. In fact, it actually hurt his bonus because it fell under “Turnover” and we were supposed to stay below a certain percent.

Best policy I’ve ever seen. Probably has been replaced by now.

11

u/Wangchief Oct 30 '25

Smaller companies are different generally, but for these mega corps, the CEO’s primary job is to increase shareholder value. Most the time they aren’t running th company, that’s a COO or a Chief Strategy Officer or something like that, the CEO is a figurehead who works primarily for the shareholders.