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It's the CEO/leader's job to make these decisions and to course correct when he's made a mistake. Publicly admonishing himself is, at best, a pointless display
by yeeetz 4y ago
It's the CEO/leader's job to make these decisions and to course correct when he's made a mistake. Publicly admonishing himself is, at best, a pointless display of virtue signaling. He could write 10 pages groveling for forgiveness from his employees and the public, but people would complain about that too.
I suspect the overall CEO compensation package for a company the size and structure of Lattice is trivial compared to other expenses.
- Apocryphon 4y ago> people would complain about that too. I mean, are we certain of that? Maybe someone should try it first.
- brewdad 4y agoOne could sit and read 10 pages of groveling for forgiveness but it still won't replace the paycheck that's going away. It would likely be about as effective as a spouse begging for forgiveness after getting caught in a multi-year affair.
- williamsmj 4y agoThe board and investors and remaining employees don't need an apology. They need better leadership, or they need performance management of the current leadership with actual consequences, as they would rightly expect for any other failing employee.
- deleted 4y ago[deleted]
- williamsmj 4y agoI'm not suggesting he publicly admonish himself or take a "virtue signalling" pay cut or something. I'm suggesting the board fire him or other parts of leadership for cause, and hire people who make better decisions.
- Veen 4y agoPresumably the board have considered that course of action and decided against it. It’s just possible that they have access to information that you don’t, and so have come to a different conclusion.
- williamsmj 4y agoTotally plausible. The credulous awarding of PR points by tech workers on HN whenever a blog post describing severance > $0 is even more stupid without that information asymmetry in mind.