1034
submitted 11 months ago by Masimatutu@lemm.ee to c/nottheonion@lemmy.world
you are viewing a single comment's thread
view the rest of the comments
[-] Adalast@lemmy.world 39 points 11 months ago

I remember a story about a CEO who decided to pay ALL of his employees well. As I remember, all of his middle management left in a huff because they no longer had their higher earnings to hold over their subordinates and feel superior, all of his friends ostracized him and he essentially became a pariah.

Yeah, Dan Price, just went to look it up. Apparently, he had to resign after some allegations against him, which turned out to be false. Something smells off about a man paying employees fairly suddenly getting trumped-up charges that never got properly investigated before being referred to the prosecutor's office literally the day after he announces the pay stuff.

https://fortune.com/2023/04/19/gravity-payments-dan-price-assault-charges-are-dropped/

[-] ArbiterXero@lemmy.world 18 points 11 months ago

He resigned because someone that has part ownership in the company sued him.

The lawsuit was basically “you’re not acting in a way that is best for the shareholders”

Or in other words “you’re paying the employees more and me less, so I’m mad at you for treating them well”

[-] Adalast@lemmy.world 4 points 11 months ago

Thanks for the clarification.

this post was submitted on 21 Oct 2023
1034 points (98.1% liked)

Not The Onion

11918 readers
441 users here now

Welcome

We're not The Onion! Not affiliated with them in any way! Not operated by them in any way! All the news here is real!

The Rules

Posts must be:

  1. Links to news stories from...
  2. ...credible sources, with...
  3. ...their original headlines, that...
  4. ...would make people who see the headline think, “That has got to be a story from The Onion, America’s Finest News Source.”

Comments must abide by the server rules for Lemmy.world and generally abstain from trollish, bigoted, or otherwise disruptive behavior that makes this community less fun for everyone.

And that’s basically it!

founded 1 year ago
MODERATORS