Since when does the ruling class of C levels and board members feel ANY pain? An...

		mrguyorama on Dec 4, 2023 \| parent \| context \| favorite \| on: Spotify will reduce total headcount by approximate... Since when does the ruling class of C levels and board members feel ANY pain? Any apologism for the "Idea men" and "Decision makers" is absurd until they start feeling the pain from THEIR bad ideas and poor decisions. They will make a shitty zoom recording saying "I take full responsibility for cutting 20% of our yearly payroll" while signing off on their own bonus. Wish I got to sign off on my own bonus!

The members of the board sign off on executive compensation. And shareholders vote for board members.