undefined | Better HN

0 pointskevinventullo1y ago0 comments

That some people losing their jobs have it better than others has nothing to do with the hypocrisy of a CEO claiming to take full responsibility while suffering zero consequences.

0 comments

blitzar1y ago

The market love the announcement of 20% cut in staff so the share price is up 2.85%.

The full responsibility personally benefited the CEO by ~$56,000,000

bachmeier1y ago

I was responding to this

> I'll upend your life instead

$125,000 of severance for high-salary employees that have large retirement accounts isn't "upending" their lives. Complaints about a severance package like that belong in the same bin as billionaires complaining about paying taxes.

kevinventulloOP1y ago

White-collar Dropbox employees have infinitely more in common with minimum wage hourly workers than any billionaire. Not just qualitatively in terms of freedom, but even quantitatively: the relatively extreme 10x difference of a $40k versus $400k salary is dwarfed by someone with a net worth 5000x the high end of that range.

j / k navigate · click thread line to collapse