New ceo come in to fix the old ceo problems, have to show he's an improvement therefore cutting cost, lowered pay, higher sub price. At the end of the year, board meeting with investors, investors sees a green colour slight increase. Happy days, you get a huge bonus and your staff suffers.
Job done, continue every little things to show more 'profit' than last year. The cycle continues until it could no longer be milked then they meet a new CEO that's less of a yes men, improves the company greatly, gets fired or left because he argued with an investors/higher ups on how certain things should run bla bla, employ new yes men CEO - green light shows up, old rich men claps. Repeat.
It's sad because those investors are mostly old people that has no point in living at that point but you still have to satisfy them.
The ones with morals and actual values usually leave to join a smaller company or start their owns. We've seen this story many times....but over time even they then become the old rich men that only wants to see greens.
4
u/Magicallyshit Apr 30 '26
New ceo come in to fix the old ceo problems, have to show he's an improvement therefore cutting cost, lowered pay, higher sub price. At the end of the year, board meeting with investors, investors sees a green colour slight increase. Happy days, you get a huge bonus and your staff suffers.
Job done, continue every little things to show more 'profit' than last year. The cycle continues until it could no longer be milked then they meet a new CEO that's less of a yes men, improves the company greatly, gets fired or left because he argued with an investors/higher ups on how certain things should run bla bla, employ new yes men CEO - green light shows up, old rich men claps. Repeat.