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Sacrifices have to be made for profit
(sopuli.xyz)
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this post was submitted on 13 May 2025
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A place to post ridiculous posts from linkedIn.com
(Full transparency.. a mod for this sub happens to work there.. but that doesn't influence his moderation or laughter at a lot of posts.)
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Biggest way to save on payroll, take the highest paid employee, and just offshore that position. Going to guess that's probably the CEO.
And honest question, the fuck do most CEOs even do, exactly? Not there ones working at startups or whatever... Why are they given seemingly dictator power over the company? Why not remove the position and use democracy to run the company...?
Because that would be socialism, and socialism, as we all know, is EVIL.
"Sharing Is Stealing."
Milton Friedman, Patron Saint of MBA's.
Hey, look I'm all for democracy, but it isn't a be all solution for everything.
Guillotines are the solution for billionaires.
They're supposed to be the one that lead the company to become better and bring in changes, and take the fall if something happened. They make decision for the company. But often its result in someone of nepotism/cronyism background with the boards and just sit there being useless, or someone the board of directors merely bring in to take the fall. The position itself is very useful for small private limited company, as the founder might not have the expertise to lead and inspire confidence from the worker.
"Better," meaning higher profits and stock price.
That's a given. Else there's no need to hire a CEO.
I disagree.
AI could be CEO. That way there's no bias, malfeasance, or lack of confidence.
I don't give two fucks about shareholder's "interests." Or gambling addicts in general.
It's not about "you" so let's don't make it about you. You don't give two fuck but shareholder, publicly traded company or otherwise, do.
And I don't give two fucks about your investment.
See, when you become an adult, you stop being offended when other humans don't like what you like, or care about your interests.
Ok? Ok.
They supposedly make decisions to constantly raise the returns for investors. I.E., profit, and stock price.
That's it. And when the investors lose confidence in that ability, the CEO "resigns," and gets an obscene "Retirement Package." on the way out. The "Golden Parachute." On top of "Retainment Bonuses" to not to quit while successful, other arbitrary bonuses, travel expenses, figuring out how to not raise wages for employees, suppressing unionization attempts, sacrificing infants to Mammon, having sex with underage girls/boys, etc.
This entire culture is obscene.