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CEOs' pay climbed before layoffs at tech giants like Alphabet and Microsoft, data shows (abcnews.go.com)

submitted 1 year ago by [email protected] to c/[email protected]

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cross-posted from: https://lemmy.zip/post/1125959

Archived version: https://archive.ph/iXnTL
Archived version: https://web.archive.org/web/20230806123650/https://abcnews.go.com/Business/ceos-pay-climbed-layoffs-tech-giants-alphabet-microsoft/story?id=101665156

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[–] [email protected] 34 points 1 year ago (2 children)

Because the shareholders get the other half

[–] [email protected] 8 points 1 year ago

This feels like one of those weird game theory problems where you have to solve for the minimum amount you would have to pay to ensure no one bothers to stop you.

[–] [email protected] 2 points 1 year ago

If I were a large shareholder, I'd demand a lot more than half goes to growth or my own dividends.