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CEOs' pay climbed before layoffs at tech giants like Alphabet and Microsoft, data shows (abcnews.go.com)

submitted 1 year ago by BrikoX@lemmy.zip to c/worldnews@lemmy.ml

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cross-posted from: https://lemmy.zip/post/1125959

Archived version: https://archive.ph/iXnTL
Archived version: https://web.archive.org/web/20230806123650/https://abcnews.go.com/Business/ceos-pay-climbed-layoffs-tech-giants-alphabet-microsoft/story?id=101665156

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[-] hellishharlot@programming.dev 34 points 1 year ago

Because the shareholders get the other half

[-] henfredemars@infosec.pub 8 points 1 year ago

This feels like one of those weird game theory problems where you have to solve for the minimum amount you would have to pay to ensure no one bothers to stop you.

[-] Dran_Arcana@lemmy.world 2 points 1 year ago

If I were a large shareholder, I'd demand a lot more than half goes to growth or my own dividends.

this post was submitted on 06 Aug 2023

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