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I mean, would you prefer they blamed someone else? The C suite and the Board are ultimately responsible for over-hiring and layoffs.

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> I mean, would you prefer they blamed someone else? The C suite and the Board are ultimately responsible for over-hiring and layoffs.

Board should automatically reduce CEO pay to $1.00 for the current and the next year every time a CEO "takes responsibility".

It's a nice thought but this would send companies hurtling towards IPOs even faster than they are already doing, and using even more tricks to pump the stock.

They will have lots of problems trying to hire the next CEO then.

I prefer that the word responsibility actually meant something.

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