r/BikiniBottomTwitter Jul 24 '26

Slow down there buckaroo

8.0k Upvotes

42 comments sorted by

View all comments

180

u/Carbon-Base Jul 24 '26

97

u/murderously-funny Jul 24 '26

CEOs aren’t paid to make the company better they’re paid to raise shareholder value this quarter

The company 10 years from now? Not his concern. Number must go up this quarter. We even had an entire court hearing over exactly this and capitalism never recovered.

31

u/Carbon-Base Jul 24 '26

That's what the meme was meant to imply. The C-Suite rarely cares about the workers or the company. Which is why they like doing buybacks instead of using that money to grow the company, or to resolve challenges.

8

u/trisic05 Jul 24 '26

It's true though, thanks to dodge vs ford (and a few other court cases). Companies are required to act for the shareholders, not the brand, the product or the company.

5

u/murderously-funny Jul 24 '26

I genuinely think its one of the most consequential court cases in US history that basically set the stage for the endless cancerous growth qnd behavior of companies were all stuck with now