It's the statement. These CEO statements are stupid and deserve ridicule.

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Jan 20, 2023
9:19:55am

Ragnar Danneskjold $4,000,000. Never forget.

The CEO is implying he made an error. So, what are the consequences?

If there was no error, don't make the statement.

This message has been modified

Originally posted on Jan 20, 2023 at 9:19:55am

Message modified by Ragnar Danneskjold on Jan 20, 2023 at 9:21:03am

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Ragnar Danneskjold

Previous username: CougarSkye
Bio page: Ragnar Danneskjold
Joined: Sep 2, 2011
Last login: Apr 19, 2024
Total posts: 70,535 (30,682 FO)

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Messages

Author

Time

Google CEO “takes full responsibility” for the bad decisions leading to layoffs

NottherealJWill

1/20/23 9:06am

Did his announcement include, "With that being said..."

kccougar

1/20/23 9:07am

why should he face consequences for having to layoff people

Deleted

1/20/23 9:07am

Should he not be responsible for serious strategic errors?

NottherealJWill

1/20/23 9:10am

By responsible, you are meaning being fired? Outside of that, there is not much

SUAVO

1/20/23 9:17am

Or, the people were necessary until they weren’t

Solomon Levi

1/20/23 9:17am

Agreed. I work in the aerospace industry and when a contract runs out or you

SUAVO

1/20/23 9:25am

CEO's & corporations can do no wrong. Open borders are a must. The bottom line

gopman

1/20/23 9:31am

If he's accepting full responsibility, wouldn't that imply consequences?

Ragnar Danneskjold

1/20/23 9:18am

Are all consequences made public?

SUAVO

1/20/23 9:27am

Because his company did so poorly that they lost 12,000 jobs.

ochobeeguy

1/20/23 9:30am

...because people are spending less

Deleted

1/20/23 9:33am

He'll keep every dime of his bonus though.

vagabonder

1/20/23 9:07am

So?

CrimWalCoug

1/20/23 9:10am

It's commentary on the fake statement of contrition. If these CEO's were truly

Corn Pop

1/20/23 9:13am

Not necessarily.

Baron

1/20/23 9:15am

Is stepping down the only way to take full responsibility?

SUAVO

1/20/23 9:21am

"full". Feel free to name a consequence equal to the term "full".

Corn Pop

1/20/23 9:31am

So what is the consequence for over hiring? The market has hammered his compensation.

Baron

1/20/23 9:36am

I assume he/his company is losing a lot of money, I'm sure confidence in him has

SUAVO

1/20/23 9:44am

It’s not the CEO’s main focus to ensure everyone keeps their job. Where are you getting that?

CrimWalCoug

1/20/23 9:58am

You misunderstand. I'm fine with a CEO doing their job, but their job isn't to

Corn Pop

1/20/23 10:06am

What is full responsibility for decisions that lead to layoffs? What should it look like?

Baron

1/20/23 10:12am

Do people not know how companies work? Seems like a lot of populist and anti-capitalism thought has been creeping

Baron

1/20/23 9:14am

RE: Do people not know how companies work? Seems like a lot of populist and anti-capitalism thought has been creeping

letthewookieewin

1/20/23 9:16am

It's the statement. These CEO statements are stupid and deserve ridicule.

Ragnar Danneskjold

1/20/23 9:19am

So are you saying it wasn't his decision to hire too many people?

Baron

1/20/23 9:21am

You made a whole lot of assumptions and misrepresentations there.

Ragnar Danneskjold

1/20/23 9:25am

Yes I have read it. And it makes little sense. He made a mistake and admits it. You don't think he should say that.

Baron

1/20/23 9:30am

RE: Yes I have read it. And it makes little sense. He made a mistake and admits it. You don't think he should say that.

Ragnar Danneskjold

1/20/23 9:53am

IF the CEO felt compelled to say anything at all, something along the lines of

Ragnar Danneskjold

1/20/23 10:01am

Which he did. If you read the whole letter, people are throwing a fit about one line

Baron

1/20/23 10:12am

And as was stated, leave out "I take full responsibility." It means nothing and rings hollow.

Ragnar Danneskjold

1/20/23 12:51pm

Saying you take full responsibility & taking full responsibility aren't the same

ochobeeguy

1/20/23 9:32am

Nobody cares he wasn't punished. The fake contrition rubs people the wrong way.

vagabonder

1/20/23 9:21am

Put him in the stocks in the lunchroom. That's true justice.

Benfica1

1/20/23 9:23am

Cry me a river. When Patrick Mahomes throws 4 interceptions should the Chiefs cut him?

Baron

1/20/23 9:23am

How did you get that from his post?

Corn Pop

1/20/23 9:25am

The claim he wasn't punished and the implication by you and others that punishment must include

Baron

1/20/23 9:27am

Have no mercy for that straw man!

vagabonder

1/20/23 9:28am

"Nobody cares he wasn't punished."

Corn Pop

1/20/23 9:32am

If termination is the consequence for over hiring then companies will just

SUAVO

1/20/23 9:33am

If it's the NY Jets then yes.

gopman

1/20/23 9:48am

Morality/ethics don't matter. Some will gladly sell their birthright for

gopman

1/20/23 9:33am

It's just that his decisions had dire consequences for thousands, & none for him

Turnpike Lane

1/20/23 9:33am

The alternative is not hiring those people and over working those already

SUAVO

1/20/23 9:48am

I'm all for companies making a profit but for the last 30 yrs. we as a country

gopman

1/20/23 9:38am

I think these CEO messages are dumb, but if the CEO had done smaller tranches of layoffs during the growth market for

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