Comment by redditReallySucks@lemmy.dbzer0.com on "We've won, but at what cost?"

Maybe they can stop paying their CEO 7 million per year

That CEO quit earlier this year.

Maybe they can stop paying the next CEO 7 million

Maybe that CEO will also quit, because other companies offer them a higher salary.

It’s so easy to say they should just pay their CEO less. I mean, I get it, it’s a ridiculous amount of money that no one needs. But few people, who are qualified for that job, will just do it out of the goodness of their hearts for a salary far below industry standards.

This is predicated on the assumption that a CEOs skill is directly related to their salary.

This may or may not be the case.

I don’t think companies care. If you’re the CEO of Mozilla for a year without it imploding, you’re looking very experienced compared to some of the applicants that medium-sized Silicon Valley companies, like Dropbox, Evernote and such, will get.

And if Mozilla is only paying you $200k, they’ll consider it an absolute bargain to give you tenfold that.

This may or may not be the case.

This is predicated on the assumption that people just give money away easily.

I mean, they do… the higher my pay goes the less actual work I do (thinking is not actual work). And I keep getting promoted.

It’s dumb as hell but the only answer I’ve come up with is maybe not everyone can do the “stupid monkey shit” (i.e. “Someone get this herd of retarded cats to do literally anything”).

I’m still waiting for evidence these CEOs do anything special… They get paid millions whether the companies they lead succeed or flounder

what the fuck could the CEO possibly do for a company that seems to just fucking zombie its way along, it does literally nothing and hasnt died, what could the CEO possibly be qualified for, it’s not like they’re gaining more market share from having a good product

They are the face of the company. If they are shit at communicating it will affect share prices which could end a company. They have to say the right things at the right times or they could potentially break laws by saying the wrong things.

There’s a lot of stuff they need to know and it’s not cheap to get that knowledge.

I love all the vague, ambiguous examples that say nothing.

I mean, the Intel CEO just literally quote the Bible… I guess you need a lot of education for that

Look, I understand you can’t get a high school dropout to do this job, but can they really justify earning 10000x more than other people in their companies? Are they 10000x more valuable??

I can’t even tell you who the CEO is off the top of my head, if they’re the face of the company they’re doing a bad job

If they are shit at communicating it will affect share prices which could end a company. They have to say the right things at the right times or they could potentially break laws by saying the wrong things.

I notice, very glaringly, you didn’t mention a SINGLE thing about the company running efficiently, being profitable, producing something of value…

It’s not that the company could end if it doesn’t do well at what it does. It’s that the company could end if fickle, short-term focused asshats aren’t happy, and to keep them happy, you need a head fickle, short-term focused asshat at the helm.

God, I wish every company could just be private.

If that’s all there is, it sounds like you just need good legal and marketing department and someone who is attractive to deliver their script.

Is Mozilla even publicly traded?

i dont even fucking know who C suites at mozilla, i havent even googled their company in years to see if they even still exist. The only sign of life from this company is when i update my system and firefox also gets updated.

Also, it’s pretty cheap to get that knowledge, just don’t ever say anything that might lose you money.

But few people, who are qualified for that job

CEOs do nothing. They rake in millions, and hire advisors to tell them what to do

Literally the “consulting” industry. Making millions off of boneheaded C-suites who only know how to pay others to think for them.

Need to be a nepo baby for that

When did I say I want to be a parasite? I want to abolish CEOs, not become one of them

This shit right here is why we have capitalism and classes, peolle believing a ceo does something so special no one could possibly do it.

Shit might be true for things like software development, science stuff not some overpaid C level exec.

Oh no, I’m sure there won’t be anyone else who would like to be CEO if they quit.

Define “qualified”. Seriously try.

What I primarily meant by that, is that you do need some knowledge about financials. Which isn’t hard to learn, but the group of people willing to learn about it has very little overlap with the people willing to do something out of the goodness of their heart.

Solution: H1B visa CEO

Too expensive. Just get someone undocumented to do it for pennies, then threaten to deport them if they ask for a raise.

All it takes is one person

Maybe they can stop fiddling around with A I.

I know many of us don’t really like AI stuff. But it is just a door opener - and Mozilla needs funding like any company.

The product we sell at our company also has AI features. So far AI got us to talk to many more customers. So far none of them bought the AI stuff - even if in my opinion it would provide productivity increases. For us AI is a net positive: it cost us 2 weeks of writing gluecode, didnt sell at all, opened many doors for selling the main product.

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