• givesomefucks@lemmy.world
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    11 days ago

    How many times will they be willing to get a new CEO before they make changes

    They’d do it on the daily if it makes them more money…

    What do you think a CEO actually does?

    They listen to what high level management says is best, and then just does whatever brings the stock price up fastet disregarding everything else.

    There’s a reason they all get golden parachutes. None of them care past the last board meeting

    • octopus_ink@lemmy.ml
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      11 days ago

      They’d do it on the daily if it makes them more money…

      Sure. They’d run a hundred grandmas a day through a woodchipper, each of them clutching a puppy, if it made them money. However, I am quite sure there isn’t a way that replacing your CEO daily, or even often, makes more money. And yes, I understand hyperbole.

      I also understand that the impacts on a company of having multiple CEOs shot in a short period of time, or having multiple CEOs come in, try to be decent humans, and fired for it in a short period of time, would have destabilizing impacts throughout any sizable organization. They would run into problems with manpower and staffing, investment dollars, and generally the ability to do business. It would harm morale and reduce efficiency. And probably a bunch of other things I haven’t thought of in the 3 minutes I’ve been typing this.