that could help remaining workers. Given the human and business downsides of layoffs, a CEO's top priority should be to avoid them at all costs.
Some companies have managed to do just that. Apple has managed to cut costs without layoffs in part by . While one can't necessarily applaud a company for paying a CEO"just" $50 million, there's something to be said for the chief executive willing to slash their own payand reduced the salaries of his executive team by 15% to avoid broad layoffs.
For the companies that turned to job cuts, the blame rests squarely on the shoulders of their CEOs. As the sole person in charge, they're responsible for misjudging the macroeconomy, making terrible investments, and then following along with the industry in a shortsighted attempt to please Wall Street. And yet, despite a smattering of pay reductions, none of them have faced real consequences.
TechInsider Apple layoffs have been avoided. Their employees don’t get extravagant perks and Tim Cook cut almost half of his salary.
What about getting back to work instead? Apparently, just like the rest of the nation under the control of the Democratic Party, productivity and quality of services is no longer needed. It is all about wokeness and social pimping and bashing of capitalism. You have it now
Ford pays its CEO 17M per year. They got chased out of the automobile market. Toyota, the largest car manufacturer pays’s its CEO 2.5M.
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Google engineer laid-off on vacation, boss sent LinkedIn messageA Google engineer found out she had been laid-off while she was on vacation when her boss sent her a LinkedIn message Extended vacation Nothing is more painful than being treated in such a dehumanizing manner after sacrificing your all for a company. no bloody respect.
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