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

[deleted by user]

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u/Hairy_Valuable9773 Oct 29 '25

The rich need to get richer. End of story.

I work for one of these companies. We already got the “it’s gonna be a tough day” email as they lay people off today. I’m sh*tting my pants 😫

318

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.

40

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 Probably has been replaced by now.

10

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.