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Mozilla lays off 70

(techcrunch.com)
929 points ameshkov | 1 comments | 15 Jan 20 19:48 UTC | HN request time: 0s | source
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overcast ◴[16 Jan 20 01:55 UTC] No.22060963[source]▶
Only in fairy tale land does CEO/Executive compensation reflect performance.
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manfredo ◴[16 Jan 20 02:34 UTC] No.22061196[source]▶
Many CEOs derive a significant portion - often even the majority - of their compensation from performance-based bonuses. Compensation not only reflects performance, it is directly tied to it.
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1. jjoonathan ◴[16 Jan 20 07:17 UTC] No.22062306[source]▶
Yeah, they get a metric shitton of money if the company performs poorly and two metric shittons if the company performs well.