• @CaptPretentious@lemmy.world
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    1725 days ago

    Biggest way to save on payroll, take the highest paid employee, and just offshore that position. Going to guess that’s probably the CEO.

    And honest question, the fuck do most CEOs even do, exactly? Not there ones working at startups or whatever… Why are they given seemingly dictator power over the company? Why not remove the position and use democracy to run the company…?

    • @Honytawk@lemmy.zip
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      1325 days ago

      CEO’s are the fall guys when immoral decisions need to be made.

      They are easy to replace, get a golden parachute, and all the board members can continue their fucked up shit without anyone important going under.

    • @zarkanian@sh.itjust.works
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      725 days ago

      Why not remove the position and use democracy to run the company…?

      Because that would be socialism, and socialism, as we all know, is EVIL.

    • Annoyed_🦀
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      425 days ago

      They’re supposed to be the one that lead the company to become better and bring in changes, and take the fall if something happened. They make decision for the company. But often its result in someone of nepotism/cronyism background with the boards and just sit there being useless, or someone the board of directors merely bring in to take the fall. The position itself is very useful for small private limited company, as the founder might not have the expertise to lead and inspire confidence from the worker.