• thisbenzingring@wirebase.org
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    1 year ago

    Disgusting. These executives shouldn’t be able to collect any bonus once they have a bankruptcy filing. This is about as ugly as capitalism gets.

    • dub@lemmy.world
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      1 year ago

      But who else will make a PowerPoint about how much work they don’t do?

      • ipkpjersi@lemmy.one
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        1 year ago

        Yes, won’t somebody please think of the poor execs? Can you imagine only being able to afford one yacht? That’s practically living in poverty!

    • galloog1@lemmy.world
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      1 year ago

      There is a real issue of good leadership not being willing to join sinking ships. How do you motivate people to join that have the best chance of turning things around without some type of compensation? Why would they join?

      This is essentially the situations that creates this. In a non capitalist system there is nothing that can be done and you either force someone to do it or you attract worse leadership and things snowball.

      • kklusz@lemmy.world
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        1 year ago

        Thanks for explaining, I hadn’t thought of that.

        But why don’t lower level workers get similar perks in return for joining a sinking ship? And clearly, the leadership failed to turn the ship around in this case, so how do we know they were even good to begin with?