A CEO is a leadership role - akin to being prime minister of a country, or captain of a ship.
Their ridiculously outsized rewards come with responsibilities, and they are supposed to lead by example. There was not much sympathy for the captain of an Italian cruise ship when he abandoned his post before his crew and passengers. Or a PM who partied through lockdown.
Likewise a CEO who lays off a huge number of employees and then fucks off to a Pacific island is not deserving of any sympathy, let alone nice sunsets and cocktails.
What should a CEO do? I dunno, but some CEOs took pay cuts, because they realized the impact on morale on their employees. Instead this guy just dumped more work on the employees left behind and went off on holiday.