#CEOS

[mysharona1987]

[uboat53]

Regarding the Reddit blackout, I find it interesting that the more I listen to Reddit CEO Steve Huffman talk about it, the more I'm fairly certain he has no idea how his business actually runs.

You have to know that 90% to 95% of the work on Reddit is done by unpaid volunteers, the moderators of the various subreddits. Reddit itself only employs about 2,000 people to run a site that 52 million estimated users. There is no way that the company could function without those moderators.

The problem is, Mr. Huffman seems to think that Reddit is a technology company. And he's right, those moderators don't build servers, they don't code backend, and they don't do any of the kind of stuff that physically makes Reddit available for users.

But Reddit isn't a technology company, Reddit is a social media company. It doesn't sell the servers or the code, the way the company makes money is by attracting a pool of users and then charging advertisers to show things to those people.

What those moderators do is allow the social part of it to happen. They moderate their forums, they take care of abusive users, they enforce topic limitations… they basically do the majority of the work that makes people want to actually USE Reddit.

Fundamentally misunderstanding what their business does seems to be a habit now among many CEOs of major companies. Maybe one day the boards that hire CEOs will figure out that knowing what a company does is key to running it. I'm not holding my breath, though.

[locuas642]

Honestly, every news about mass lay-offs sound like

"This game/tv show/movie/platform" did Record Breaking numbers and actually cured cancer. however, the CEO invested a gazillion dollars on Pumpkings and forgot to sell them before Halloween, as a result they had to mass lay-off everyone who was involved on that"

"This ability to make Tough Decisions to save the company is why they are an excellent CEO everyone should emulate"

[nando161mando]

“…they think his policies are very inflationary.”

[theinconvenientlifestyle]

[hometoursandotherstuff]

[probablyasocialecologist]

CEOs, who make thousands of times as much money as their employees say they work 55-hour weeks. A 2012 Wall Street Journal survey found that eighteen of those hours are spent in meetings (rituals which, as any office worker knows, accomplish nothing). CEOs devote another five hours of their work week to meals. They spend another twenty hours on travel, exercise, personal appointments, and other activities. CEOs claim Pilates class, the daily commute, therapy, sessions, sharing memes as hours worked and holding grudges against comedy websites. The rest of us can not. In all, a CEO’s productive time is limited to twelve hours a week: significantly less time than that of a typical bartender. But CEOs cannot admit that. They must pretend that they work much harder and spend their time much more productively than their underlings in order to justify having a salary thousands of times higher. They are imposters.

Raquel S. Benedict, Is It Imposter Syndrome? Or Are We All Imposters?

[jensorensen]

Titanic Failure

The CEO of OceanGate had brushed off warnings from dozens of experts, accusing them of insulting him personally and trying to shut out a new player in the submersibles business.

Help keep this work sustainable by joining the Sorensen Subscription Service! Also on Patreon.

[dispatchesfromtheclasswar]

[mapsontheweb]

The CEO That Secured the Most Funding in Every State

From raising seed money to bringing late-stage investors on board, a CEO’s ability to fundraise is vital to the success of their company.   But which CEOs have secured the most funding?   A new study from Switch On Business analyzed data from Crunchbase in order to reveal 

the CEO that secured the most funding in every U.S. state.

Source: 

https://switchonbusiness.com/most-funding-in-every-state/

[all-socialism-is-democratic]

[davidaugust]

Abusive behavior is never needed, always wasteful and should change.

#ActorsStrike #SAGAFTRAstrike #SAGAFTRAstrong #UnionStrong #union #u1 #CEO #CEOs #work

[nando161mando]

Should have bought life insurance

[goodgrammaritan]

The most ridiculous, unbelievable part of National Lampoon's Christmas Vacation isn't:

Driving under an 18-wheeler

Digging out an entire tree by the roots

A store clerk showing her lack of pantyline to a customer in full view of the store

250,000 lights on the house

250,000 lights on the house necessitating nuclear auxiliary power for the city

The bullet-speed sled

An elderly woman being able to giftwrap a cat

A turkey looking lovely on the outside but being dried out on the inside

A Christmas bonus paying for a pool

A cigar burning an entire tree in seconds

Everyone being TERRIFIED of a squirrel

A man being able to kidnap someone without knowing their complete address

An entire SWAT team being sent, including a helicopter

Said SWAT team bursting in through all the windows

The kidnappee not pressing charges

No, the most ridiculous, unbelievable part of National Lampoon's Christmas Vacation is:

A CEO, faced with the reality of what his bottom line has done to actual people, realizes the error of his ways and has a change of heart

[dougielombax]

Do all CEOS have the insecurity of angry school bullies?!

I’m beginning to think they do.

Ghastly little capitalism worshipping shithandles what think they are living gods and that mankind only lives to serve them.

Vainglorious idiots at best!

[coolishfoolishness]

"Why would the villain torture and kill their minions? It doesn't benefit them and it could even hurt them in the long run. It just doesn't make sense." Meanwhile CEOs doing everything in their power to make their employees as miserable as possible