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Comment by bluGill

2 months ago

They are for CEOs and have been for decades. We call them "golden parachutes", and a lot of people hate them.

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bluGill

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_heimdall  2 months ago

I assumed we weren't talking about CEOs though. Can't say I've ever heard of a CEO being impacted by layoffs.

  • bluGill  2 months ago

    CEOs get fired once in a while. It is different but the same.

    • _heimdall  2 months ago

      Not as part of a layoff, though yes they can get fired. If they play their cards right apparently they can also be rehired days later and install a board that better suits them.