this post was submitted on 16 Apr 2026
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Soft firing without having to pay severance. That makes their quarterly numbers look better, which in turn makes stocks and thus their compensation package go up.
Of course it will probably kill the company in the long run, but by then the board will have elected a fall guy to blame and they will all jump out with their golden parachutes, leaving the rest of you to burn.
Yea I’ve seen this but it’s an insane tactic. This targets the people who have options and are talented. They’re also impossible to replace since even a perfect new hire won’t have the 20 years of company experience that the old employee had. I guess most companies today don’t actually care about their own company.
If you think about the corporation as a vehicle for investor capital rather than an entity which provides services, the prevalence of this decision makes a lot more sense.
Correct.
In many cases because of "fiduciary responsibility" it is quite literally illegal for a company to prioritize long term sustainability over quick profits. Every single company who has opened an IPO and begun selling stock has committed long form suicide.