Comment on Broadcom has willingly dug its VMware hole, says cloud CEO
bluGill@kbin.social 7 months agoOften execs stick around longer than that.
Comment on Broadcom has willingly dug its VMware hole, says cloud CEO
bluGill@kbin.social 7 months agoOften execs stick around longer than that.
maynarkh@feddit.nl 7 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 7 months ago
They generally have a large part of their net worth in company stock and are getting options. Thus long term matters.