this post was submitted on 18 Jul 2023
399 points (94.6% liked)
Technology
59197 readers
2961 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The CEO likely wants to cash out his job and is making moves that only look good for the short amount of time he has arbitrarily set for when he decides to step down. His bonus is likely dependent on how much the IPO goes for and he doesn't care long term since he's one foot out the door.