this post was submitted on 13 May 2025
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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...?
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.
CEO's are the fall guys when immoral decisions need to be made.
They are easy to replace, get a golden parachute, and all the board members can continue their fucked up shit without anyone important going under.
But they almost never get prosecuted for willful, and intention malfeasance.
You have to be caught stealing from other rich people to get prosecuted as a CEO, or be so obviously guilty the populace would riot.
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.