Robert ReichDec 3, 2022

Ousted Disney CEO Bob Chapek is set to receive a golden parachute worth ~$23 million.

Meanwhile, Disney is dragging its feet on paying its workers better wages to keep up with the rising cost of living.

It’s corporate greed above all else.

Show threadJohn Ryan 👨🏻‍💻☸️🐾 🐘Dec 3, 2022
@rbreich objectively, what's the incentive for the corp?
Show threadproto 🏴 🦜Dec 3, 2022
@jtigger @rbreich Who wants to explain why paying employees enough to live is a good business practice
Show threadJohn Ryan 👨🏻‍💻☸️🐾 🐘

@rbreich @proto

My question was too ambiguous.

I was NOT asking about the incentives behind being minimally descent to fellow human beings.

I WAS asking why pay CxOs so much when they are *leaving* the company?

Dec 5, 2022 at 9:43pmWeb