• killeronthecorner@lemmy.world
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    1 year ago

    Not just that but those parachutes exist so they can be easily scapegoated by feckless boards when the shit hits the fan. It rarely matters what the shit is so long as someone in a high position pretends to be hung for it.

    • Rhaedas@kbin.social
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      1 year ago

      Pretends is right. How many of these CEOs that take the hit for a company end up landing with another company. Many of them are known for their purpose, their hiring being the first sign of a company shakeup.

      One thing I’ve learned is that higher up always protects their own, it’s the workers that are left high and dry, not any of the executives. They always manage to land on their feet in comfort.