Comment on Broadcom has willingly dug its VMware hole, says cloud CEO
maynarkh@feddit.nl 5 months agoNot by next quarter. By the time that happens, this set of execs will be already at the next company.
Comment on Broadcom has willingly dug its VMware hole, says cloud CEO
maynarkh@feddit.nl 5 months agoNot by next quarter. By the time that happens, this set of execs will be already at the next company.
bluGill@kbin.social 5 months ago
Often execs stick around longer than that.
maynarkh@feddit.nl 5 months ago
Even if they do, they get bonuses for short term stock gain, not long term stuff. If the going gets bad, they totally do bail. Some companies - khm Reddit khm - even bring in execs just to take a fall when that happens, only for the same guys who set the problem up to take back the reins after the fallout.
bluGill@kbin.social 5 months ago
They generally have a large part of their net worth in company stock and are getting options. Thus long term matters.