Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
Well over 1,000 CEOs have left their companies this year, according to a Challenger, Gray & Christmas report. That’s 33% more than last year and the highest total in the first seven months of the year since the staffing research company began tracking exits in 2002.
It seems like nobody wants to work anymore.
LMAO
GOTEM
I'll believe this headline after I see their golden parachute details. I'm pretty sure for Forbes 500 CEOs "quitting" can be the most profitable thing they'll ever do.
Yeah, this is total bullshit. The reason CEO tenure is decreasing is because they want that. Getting forced out is often extremely lucrative thanks to those golden parachutes. They’re also still very likely to have all sorts of equity awards that will continue to vest for years, maybe even decades.
And you know what they’ll do? Go find another leadership role, get another golden parachute sealed, and take in more equity awards with a different company. Join boards in a new industry to grant more equity awards to their frat bros.
To act as if a CEO departing is inherently bad for that individual is asinine. It’ll probably cost the company millions, likely hurt the chances of a wage increase for bottom rung workers, and will invite in new leaders who will take dramatic “cost-cutting” measure immediately. But it’s very rare for it to actually harm the outgoing executive.
Not just that but those parachutes exist so they can be easily scapegoated by feckless boards when the shit hits the fan. It rarely matters what the shit is so long as someone in a high position pretends to be hung for it.
Pretends is right. How many of these CEOs that take the hit for a company end up landing with another company. Many of them are known for their purpose, their hiring being the first sign of a company shakeup.
One thing I've learned is that higher up always protects their own, it's the workers that are left high and dry, not any of the executives. They always manage to land on their feet in comfort.
CEOs just don't want to work anymore.
What we need is to see CEOs become unemployed by 40 or 50%.
I bet you their worst year in decades is still better than my best year ever
Yeah, it's hard to feel sorry for them when 1 year of their pay is more than a couple decades of mine.
You know, since CEOs gets paid so much money, it would make sense for their role to be automated by AI first for any company that wants to save money before any body else, right?
I support Margot
Yay
I hope "bad year" is followed by a rash of woodchipper accidents.
100% ground CEO CEO, it’s what’s for dinner.
Wouldn't feed that to the dogs, for fear of food poisoning.
In unrelated news, this corresponds directly to a record low in the both the breadth and the depth of the quantity of fucks I have to give about them and their bad year. Insiders are reporting the level to be at or near zero, and expect that level to maintain, for at least my natural lifespan. Film at 11.
Good.
Maybe they should cut back on buying those $50 million latte factories, and build coffee machines at home.
Pobrecitos.
Good…
Weren't we just discussing how CEO compensation was hitting record levels?
But can we make it worse?
Won't someone think of the CEOs?
Good. Let's keep this shit going.
aww man, that sucks.
anyway...
