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Joined 1 year ago
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Cake day: August 23rd, 2023

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  • Yes, exactly.

    I don’t think I said anything provocative or not common knowledge.

    The CEOs responsibilities are specified by shareholders - more exactly via bylaws, general meetings, usually annual, and supervisory board supervision, usually monthly or quarterly.

    Eg: If a CEO decides on their own they they will refuse to pay any cancer treatments that can get him removed. Or even if they decide to cover all cancer treatments. The latter being my point more exactly bcs that would lower profits ofc. CEOs have to justify their decisions and affects on company statements much like regular employees, but on a company level. CEOs get fired for the stupidest reasons, but in any case it’s usually easier to just pay them out so there are no legal processings (that is bad especially in publicly traded companies).

    I don’t understand why would they

    pass all their responsibility onto shareholders and absolve themselves of duty

    Thats the whole job they got from and agreed to do (passing it back just means quitting, which they can do). “Their boss” tells them what to do.
    (If you get the job to operate the ice cream machine then thats your “responsibility”, you can’t put it back on your boss unless by quitting, which means it’s nobodies responsibility until the next worker is assigned.)


  • You kids today are soft, back in my day there was this big war & I could only use one hand because I needed the other to fight people that wanted to evacuate me.

    Or that one time I had to hide in the attic & do it very quietly.

    Or that time I had to do it with a super bright light in my face because there was something called “an interrogation” at the camp.



  • Yes, the shareholders.

    Shareholders chose the supervisory board and dictate the general direction, differs a lot but at least profit goals (short and long term).

    CEOs that don’t perform, or leave low hanging fruit, or won’t do what others are willing to do just get replaced.

    Shareholders have all the power to give CEOs different goals - eg a number of people covered or don’t anything non-monetary.
    At the very least if CEOs wouldn’t be incentivized by company profits things would be better.






  • Evil_Shrubbery@lemm.eetoMemes@lemmy.mlBrain roll
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    14 hours ago

    We will welcome hackers!!
    Heroes we will need but won’t deserve.

    Megacorps will stream constant ads directly to your brainhole & cause pain if you don’t consume enough - even a rickroll will be a big improvement from the dystopian reality.


  • randos

    How was this a rando? They premeditated killing this rando?

    But - a lot (most/all?) of social rights we have now were achieved exactly like that. When protesting fails, politicians don’t step in (or are defending the corporations), something at some point brakes.
    You know, the guillotine story. And they invented that when corporations/wealthy families had much less wealth concentrated than today.

    Then we get system changes like actual effective healthcare. The ugly historical truth is only violence gets noticed & harder to hide. And it’s not like the next CEO won’t be very aware of what happened to his predecessor.