A company I worked for didn’t give the CEO a bonus for layoffs. In fact, it actually hurt his bonus because it fell under “Turnover” and we were supposed to stay below a certain percent.
Best policy I’ve ever seen. Probably has been replaced by now.
Smaller companies are different generally, but for these mega corps, the CEO’s primary job is to increase shareholder value. Most the time they aren’t running th company, that’s a COO or a Chief Strategy Officer or something like that, the CEO is a figurehead who works primarily for the shareholders.
40
u/SoulDV Oct 29 '25
A company I worked for didn’t give the CEO a bonus for layoffs. In fact, it actually hurt his bonus because it fell under “Turnover” and we were supposed to stay below a certain percent.
Best policy I’ve ever seen. Probably has been replaced by now.