All of them will get severance. The total cost estimated to the company is around $40 million as per the article. Its pretty natural that your severance will be based on your pay but this article makes it sound like they're giving millions to the CEO while leaving 100s of workers with nothing.
If you want to argue that executive pay levels are wrong, thats one thing but this is literally what every company does.
Also not just the CEO but many C-suite executives also got fired. They will also take a big chunk of the 40 mil total costs.
If the stock price was higher, the CEO's package would be much bigger.
This type of outrage makes sense only if you think CEO pay should be minimized. So instead of outraging over this, why not ask for Google or Microsoft to reduce their executive pay? Why have this reactive outrage when it was already rigged to be like this and is like this at every corporation? Why does Sundar need to buy another freaking yatch?
Overall title feels a bit disenginous and trying to solicit outrage for clicks imo.
All of them will get severance. The total cost estimated to the company is around $40 million as per the article. Its pretty natural that your severance will be based on your pay but this article makes it sound like they're giving millions to the CEO while leaving 100s of workers with nothing.
If you want to argue that executive pay levels are wrong, thats one thing but this is literally what every company does.
Also not just the CEO but many C-suite executives also got fired. They will also take a big chunk of the 40 mil total costs.
If the stock price was higher, the CEO's package would be much bigger.
This type of outrage makes sense only if you think CEO pay should be minimized. So instead of outraging over this, why not ask for Google or Microsoft to reduce their executive pay? Why have this reactive outrage when it was already rigged to be like this and is like this at every corporation? Why does Sundar need to buy another freaking yatch?
Overall title feels a bit disenginous and trying to solicit outrage for clicks imo.
Workday
Notable: "Thirty-four quality assurance engineers and eight of their managers will lose their jobs"