• worfamerryman@beehaw.org
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    1 year ago

    I thinks costs could be trimmed a ton in a lot of companies. Although that likely means layoffs and not lower salaries for the executive team.

    • cstine@lemmy.uncomfortable.business
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      1 year ago

      IMO, exec salaries (and any equity grants) should be exclusively tied to company profitability but that’s one of those things that’d never happen in a million years.

      There’s just no incentive to build sustainable businesses when you’re working with free money and I think a lot of tech firms (not just social media ones) are going to crash land over the next couple of years.

      • Xanvial@beehaw.org
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        1 year ago

        well, technically giving Stock as salary/compensation is tied to company profitability. But I don’t think that’s working for now because the awarded stock amount is adjusted so the monetary value not changed at the time of receiving the stock itself.