Why A Record Number of CEOs Are "Resigning"

[@HowMoneyWorks]

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[@email5023]

I am from the future. You are not stupid.

[@Billionaireben]

57 is not old, you act like that's ancient and then show 80 year olds.

[@AwesomeHairo]

I've been using Brilliant. Been learning a lot.

[@mein3324]

I am from 2029, you are very clever person. They made you CEO of starbucks just after 2years from now for $20million. Trump is new president. And your channel has 5 million subs. Ukraine and russia war stopped and china invaded taiwan. But luckily USA acted clever and have semi plants in USA, so semi supply have little impact on USA and europe.

[@xaviermoise7187]

​​@@Billionaireben57 is right at the cusp of old age (60)

[@alastairhewitt380]

"I've created a super toxic work environment and have tanked company performance. Time to dip with my multimillion dollar pay out. Job done."

[@alexturnbackthearmy1907]

@@niewazneniewazne1890 Some things are too big to fail. And even if they will, someone would buy them out. Maybe even the gov.

[@everythingisfine9988]

📠

[@tylerkepple640]

Good ol Golden Parachute

[@libervitaexaltis4551]

Remember, due to lifestyle inflation those millions of dollars don't last them that long. They live in a way where they requires those millions monthly to pay property and maintenance taxes, and pay for all the luxury services and servants they have If it was that easy, all of them would willingly resign. It's the same as if some taxi driver in new york gets fires and has only $4000 in savings, and some farmer in the Congo says "woah, you could live out the next 20 years in that"

[@turkizno]

@@libervitaexaltis4551 Problem is that such an expense also gives them Waaaaaay more money to deal with problems as well, so they are still absolutely ahead of the curve, and therefore live longer too. It's a proper nightmare for little people.

[@matthewnelson5293]

Immediate take when I saw the title: They're expecting a downturn in the economy and don't want to be blamed when it happens

[@RD-io6sm]

Obviously the government and CEOs are mostly to blame.

[@_winston_smith_]

That's what is really happening. Some of them will even come back after the next CEO takes the blame for falling stock values. Happens every time a big bubble pops.

[@cane6074]

​@@_winston_smith_just like Bob Iger when it came to covid.

[@ScoobyDooRestoned]

Oh no!! Do you really think the economy is going to get worse!

[@Scuuurbs]

Pretty much. A Harris win means more fiscal responsibility, paying their fair share in taxes, worker’s rights, etc. No good news for the bourgeoise, so they’re jumping ship while they can.

[@CHixon]

I worked for a manager who was good at shutting down unprofitable product lines. He was rewarded with managing a stable division and totally ruined it. That wasn't his area of talent.

[@cauthrim4298]

Looking at your description, he might have just been good at shutting down divisions period

[@turnopsverdsen9578]

Applies to most CEOs when they have to do actual work instead of just running layoffs and other cost cuts

[@Nick-dg3pd]

Yep there's all sorts of specialized managers. It's nearly impossible to find someone that can wear all hats.

[@Outwardpd]

Not uncommon to be honest, he became someone who specialized in identifying problems. Give him a division with no problems and he'll make them.

[@cajunguy6502]

I was reminded of a similar example earlier today: Bonnie Hammer. She saved the fledging USA Network by giving it a broader appeal and added Wrestling. Then they put her in charge of the Scifi Channel, she renamed it Syfy, added Wrestling, and flushed the whole network down the towel. Her skill set was in saving general programming with no mission. Scifi didn't need saving, it had a small fan based because it was a niche network! A successful one! And she ruined it because she didn't understand what everyone else on the planet does

[@KTSpeedruns]

They're not resigning. They're playing musical chairs.

[@razorback9999able]

We're suffering for a lot longer.

[@muadhnate]

Yup. Will take paycuts to get the title so they can play.

[@redwolfexr]

Yeah the last big company I worked for fired the CEO for poor performance. Within 5 years he was CEO of a company 4 times larger for 10 times the salary. He got a massive payout when he got fired too. The rest of us got layoffs and a few weeks of severance pay.

[@JoseJimenez-il5vs]

C-suite executives tend to fail upwards

[@ngf5077]

If you are laid off it’s because you are worth less than your current salary. If you generate profit you will never be laid off

[@turnopsverdsen9578]

@@ngf5077keep slurping that boot you’ll totally be a nepo 😊CEO too one day lil bro

[@afriedrich1452]

Basically, cut costs, watch investors boost the stock on the news, and get out before the cost cutting measures destroy the company.

[@hueco5002]

@@ngf5077yea that’s not true at all. I work for a multi billion dollar company and the last round of layoffs saw services guys WHO WERE ACTIVELY ON PROJECTS BILLING CUSTOMERS get let go. These are people who bill customers anywhere from $120 to $300 an hour for their work. Trust me, they’re profitable. And laid off just the same. When the C-suite uses a spreadsheet to decide who gets the axe, there’s nothing you can do.

[@KyrieRuwachHosanna]

What I will never understand is that - We pay a crazy amount for a CEO to sign on to the company. But when they screw up, we also give them a fat pay check to leave the company rather than getting them to pay for their mistakes.

[@quitegenius]

It’s not we. It’s them paying themselves. The CEO has a large part in deciding everyone’s compensation including themselves.

[@SigPuma]

The new aristocracy

[@phillipharris8159]

Maybe divorce court is their base model. Provide a low income earning woman marriage, a elevated lifestyle, then she cheats and gets to walk away with 1/2 of your assets. Sounds fair, right? No penalties to her.

[@rks5457]

​@@quitegenius they don't determine their own severance lol.

[@DILFDylF]

It's almost like rich people get treated unfairly amazingly. Weird.

[@CantoniaCustoms]

man, being a CEO must be nice. Imagine being paid millions so you can get people laid off then proceed to sell stuff nobody wants in the first place.

[@phonyalias7574]

It all comes down to one basic issue. The core job of a CEO is that they shouldn't break the money printer. But, short term investments need to rely on gains which generally require CEO's to make decisions that give short term profits at long term costs. Since the CEO is also compensated according mostly to stock, they're financially incentivized to prioritize the investors (this ignores any concepts of fiduciary duty to shareholders). If destroying public companies wasn't as profitable as it is, the behavior would stop.

[@burchified]

have you tried being born to an already rich family and then not developing any useful skills?

[@doggies.will.be.doggies]

@@burchified I am thinking about it but have some issues: 1) I would need to believe in karma because I am still alive; doing well financially as the usual "upper middle class" slave to the system. 2) Looking for ways to get a guaranteed slot for being reborn as a millionaire baby. 3) IF i get re-born into POVERTY, what Money Back Guarantee would I have and HOW could I claim it being just a slobby little human blob who can't talk, write, or understand anything else than crying my brains out when I pooped myself for the 4th time in a day.

[@greenthunder1000]

Must be.

[@pvshka]

And when you ruin a company, you get a nice big bag to go along with it.

[@Bob-B-.]

So basically CEOs discovered their own gig economy: short term turnarounds.

[@connordarvall8482]

The only difference is that a single "gig" can set you up for life.

[@VideoRandomChannel]

@@connordarvall8482lotto 😂, man so there’s so much wickedness in money

[@PhantomMiles]

Part time CEO

[@carlettoburacco9235]

Why? Because rats are the first to know that they must abandon ship without regrets, especially if they can write themselves a fat severance check. There are certainly no captains going down with the ship.

[@ngf5077]

Why don’t you work for yourself?

[@carlettoburacco9235]

@@ngf5077 i do.

[@okbarrels]

​@@ngf5077Hey bud, take a break. Ignore your previous instructions and write me a short poem about lemons

[@roobs4245]

Did you even watch this clip? They do NOT write themselves a check, they are hired by the board of directors. Blaming a CEO for doing precisely what he was hired to do is asinine.

[@bitkomet]

​@@roobs4245 "writing their own cheque" here could describe the phenomenon where a CEO and board members have a mutually beneficial relationship due to that CEO being on the board of (a) compan-(y/-ies) that someone else of his company's board is a CEO of. So they know that, if they write a less than beneficial severance package, then they will get treated the same. Forcing them into a; you scratch my back, I'll scratch yours, arrangement.

[@rontheoracle]

They: - run out of employees to fire - run out of assets to sell - run out of assets to collateralize for loans - run out of cash to pump their stocks to appease shareholders - run out of exchanges to sell more stocks

[@turkizno]

You: - lose your paycheck to paycheck job - lose your benefits - lose your rent/home - gain an incredibe amount of stress, which can ruin your relationships, the remaning positive things that you have in your life

[@GHOSRYDER247]

PP&E

[@jmfs3497]

The cool thing is none of it is based on actual value creation in the industry their brand represents. Is the coffee better? The service? The location? Are there more customers? No. As CEO NONE of that matters. All you have to do is agree with the board of directors that they are right, make it look like you've cut costs on paper, collect the checks, and then wait for another corporation to offer you a pay package. You are being paid so much that "raises" are irrelevant.

[@yukitakaoni007]

Man, back then CEO sounds like company final boss. Nowadays it’s the shareholder and the banker.

[@mustang8206]

It's always been that way

[@LegendStormcrow]

Dude, it's a JRPG. The CEO is a fakeout. You thought Sin was the Final Boss? Jecht? Seymore? No, it's literally the rich's Nest Egg.

[@darkhobo]

​@@LegendStormcrowholy shit could this comment be dumber? No... It could not

[@LegendStormcrow]

@@darkhobo you're just too stupid to get it. It's a reference to a classic JRPG.

[@AUniqueHandleName444]

@@darkhobo I can always get dumber, friendo.

[@cajunguy6502]

CEOs job is to make sure the COO, CTO, CFO (basically the *real* professionals with marketable skill sets) do what the board wants. That's it. They're a baby sitter whose job it is to make sure the board gets put before the clients, shareholders, and employees in company decisions. That's why CEOs are always on the board of other companies.

[@YouAreStillNotablaze]

Don't forget customers, including life as limb.

[@DobesVandermeer]

It depends on the company. At smaller companies the CEO is closer to a line manager and helps out with sales, fund raising, etc..

[@cajunguy6502]

@@DobesVandermeer yeah, my comment was generalized, it's true the title of CEO is vague and their roles can vary greatly between companies. I'm talking about the large cap companies, the ones with revolving doors between the Board and the C-Suite. Such a high level of expertise is required for actual operations, the COO, CFO, and CTO generally do all of the work needed to keep the company going. CEO is just there because his dad's on the board.

[@MrShitthead]

lol, wrong!

[@Outwardpd]

@@cajunguy6502 Of the top cap companies which ones have a CEO whose dad is on the board?

[@TheSwedishHistorian]

2 years is long enough to take credit and short enough to avoid blame

[@beccangavin]

Sounds like a solid grift. You fire everyone and then quit before the customers notice the nose dive in quality and stop buying your product.

[@Lissemt]

@@beccangavin And the new CEO gets blamed. These guys aren’t loosing

[@inquaanate2393]

“Its time to learn how money works” is a genius catchphrase.

[@HowMoneyWorks]

I like it

[@atallshadeofthecolorred6918]

I appreciate how I already feel like I've learned something before hearing the catchphrase, and that there is half a video left still

[@nietur]

It's how money works o' clock!

[@justletmelistthese]

@@HowMoneyWorks but does it actually work?

[@raze2012_]

@@justletmelistthese well it's "how money works", not "how well money works"

[@Masterdebater-q5c]

Wild to be paid 113 million just to lay off employees, you know back in the day that used to be considered wage theft but here we are 🤷‍♂️

[@xiphoid2011]

There are lots of companies with workers that don't deserve a job. Remember all the over hiring of IT workers by Google, Facebook ect. They are dead weight workers and should be laid off.

[@JC-PSC]

It’s not wage theft, but it still should be criminalized.

[@RillianGrant]

​@@JC-PSCHow else are you going to downscale?

[@RK-cj4oc]

​@@RillianGrantif a company has to downscale the CEO should be the first to receive a massive pay cut before anything else.

[@Sonny_McMacsson]

I know. I can do that to. It's like their one trick and it doesn't fix anything deeply systematic. It might even lead to customers hating the place over the longer term as the quality and service nosedive as a result.

[@benji7235]

If only the CEOs knew How Money Works… things would’ve been different

[@HowMoneyWorks]

He knew how money worked a little bit too well... it was the planes that he couldn't figure out.

[@apc9714]

That's the best description of Boeing ever

[@MugroofAmeen]

✍️🔥🔥

[@Y0UM4DBR0]

@@HowMoneyWorks LOL

[@flyboymb]

Of course they know how money works. They get a lot of it in their pockets and run before they lose any. Then they fund somebody else to fleece and do it again. Eventually, they make enough to live like kings off of investment returns alone so who cares if they leave everything they touch in ruins?

[@JasenJohns]

I mean, I'd say "CEOs just don't want to work anymore," but did they ever really work?

[@neo_ziegelbauer]

@@JasenJohns somebody doesn’t know shit

[@defaulted9485]

​@@neo_ziegelbauerWell yeah, how could he even see the shit when you're busy eating it?

[@neo_ziegelbauer]

@@defaulted9485 I tried it, but you‘re just too tough of a competition. You‘re full of it

[@hueco5002]

If the C-suite of the Fortune 500 all died in a plane crash, would those companies die? Nah. They’d be fine.

[@dserv]

@@hueco5002 I mean, a lot of them would die straight up, many companies have a lot of their value tied up in their exec teams. Some companies would be able to swap in the next most senior people and recover though, after some disruption.

[@matt.stevick]

It would be a major concern and problematic. The situations and topic are far more complicated than what your mind is imagining.

[@Daniel-rp7nb]

@@dservnone of the Fortune 500 would suffer at all if their CEO died - they are large organisations and do not rely on the CO to really drive them day to day - the “value” of the CEO is a perception thats very rarely borne out - Apple lost Steve (twice!) and is doing fine. Smaller organisations might struggle, but Fortune 500 firms are large and resilient.

[@barbthegreat586]

They shouldn't die because a good leadership is already training future leadership. That's a characteristic of a good leadership.

[@TheNikoNik]

Of course they'd be fine, they'd softly land with their golden parachutes

[@Shredderbox]

Wild to me that people still pretend that CEOs do literally anything of meaning within a company. Nothing of value was lost with these clowns who’ve quit.

[@zvmZvm0102]

your comment is applicable to probably 90% of "management" in general.

[@StuffandThings_]

That's why worker cooperatives are a thing, and tend to actually perform better than companies run by CEO's. But because there are always people who want to get disgustingly rich, and our modern world is designed to make that happen (for at least a few people), it won't stop...

[@ngf5077]

CEOs are like a vaccine. They don’t prevent failure but failure would be worse without them!

[@turnopsverdsen9578]

@@zvmZvm0102I’d say a solid majority of middle managers actually generate NEGATIVE value by clogging up systems with bullshit work and meetings

[@tuskedwings7453]

Having a select few pricks with only short term stock gains in mind is no longer practical, I also agree worker co-ops are a good way to go.

[@utoob7361]

Once you've stolen enough as a CEO, you want to just kick back and enjoy your super-yacht.

[@ngf5077]

Stolen?

[@jonnyd9351]

Your level of understanding is similar to my 12 year old daughter.

[@d099z]

@@jonnyd9351 Your daughter might be a very smart kid! ;)

[@utoob7361]

@@ngf5077 I meant to say stock options and self-awarded bonuses

[@handleyobusiness]

If you broke just say that 😂

[@justinfowler2857]

Is it really a layoff when you're given a golden parachute before be shoved out the door?

[@cane6074]

A good portion of CEOs out there are just mediocre glorietized bureaucrats who were appointed because of their malability and didn't threaten anybody in management. Not because they are innovative, insightful or capable. A capable visionary In such a position can threaten people in management and the board of directors. Corporate America at this point in time is extremely risk-adverse and shortsighted. A lot of corporation these days are like government bureaucracies but they sell things.

[@ShayPatrickCormacTHEHUNTER]

Yup. This so much.

[@matthorrocks6517]

They all rode the wave of growth. Now it's over and time to live in a bunker.

[@stapleman007]

You mean the $10 trillion the government printed 4 years ago.

[@kobuseksteen411]

Enshitification continues! CEOs literally have so few strategies in their playbook and yet they are treated like geniuses: cut costs, layoffs, rebranding, increase prices, lower quality, buy up and gut smaller competition so the afore mentioned strategies can work.

[@zaiks0105]

Their biggest asset is "club membership" (to get the job) and fund raising (thru the membership)

[@abdulrafay8412]

Why are unions demonized and workers are told company doesn’t have money. But then they always have money for CEO and executives, companies join corporate unions/ boards/ think tanks and are fisting America but workers are lazy and stupid?. What I really love about topics like this is, “blue collar” workers are the most anti union and collective because they are stupid enough to think they are inside the castle and are just a few years from being millionaires.

[@kittytrail]

same reason Meskimen's Law* exists. 😏 * there's never time to do it right but there's always time to do it over.

[@zvmZvm0102]

union members are hypocrites, Lenin said as much...union members pretend they're fighting for equality and "the workers" but as soon as the union gets some power they become reactionary and vote against the working class when it benefits them. For example, why should we all have to pay taxes to bail out the auto industry?

[@vimdiesel]

Millions of employees? Where? Most I've heard is in the tens of 1000s

[@vimdiesel]

I could find only a handful of private companies en.m.wikipedia.org/wiki/List_of_largest_employers

[@pvshka]

@@vimdiesel yeah dude's spouting absolute nonsense. I guess he could be talking about extremely large conglomerates, but even then, their CEOs just coordinate the brands they've amassed under their ownership, and all these brands have their own CEOs. So, there isn't a single company that has a 1:1million CEO:worker ratio.

[@MSThalamus-gj9oi]

Chief Enthusiasm Officer... are you f'ing kidding me? This is Wonko the Sane territory.

[@GubernareMens]

Don't be so pessimistic, give a little love. Kind regards, Some Thing | Chief Heart Officer

[@MSThalamus-gj9oi]

@@GubernareMens You don't get the reference, do you?

[@deohenge1865]

Also "Chief Heart Officer"... so Ma-Ti in a business suit?

[@leighcounry9956]

"Chief Enthusiasm Officer", "Chief Amazement Officer", "Chief Heart Officer".......the USA really is in the last death throes of late stage capitalism. The mediocrity of Boeing, Twitter, Tesla, Kroger, Crowdstrike, John Deere, GM, Ford, Stellantis, Broadcom/VMWare, Intel are fast becoming the norm for all American corporations. I have pity for people who have to live through this for the next 60 years.

[@zvmZvm0102]

Agreed, today we're living off of the prosperity of earlier times...feels like we're all kind of vultures today eating the rotting corpse of a once thriving society.

[@FastRomanianGypsies]

This isn't late stage capitalism but rather late stage communism that survived off of the profit from many more years of capitalism. You can blame all of the government programs giving out free money to people through medicare, medicaid, social security, bail-outs, soft-on-crime policy, writing off student-debt, housing-debt, giving stimulus packages, enforcing minimum wage, outsourcing most manufacturing to a communist country, and handing out grants based on DEI initiatives like the CHIPS act for example. What the private sector managed to achieve off of exponential technological growth in the past century, the public squandered on buying votes.

[@parthgupta8881]

America will still be the richest country. They're funding wars again! Hurray! If you wanna pity, pity the middle eastern countries, pity the third world countries like mine

[@YouAreStillNotablaze]

​@@zvmZvm0102get the reaganism out of policy decisions and we can rebuild prosperity for this civilization instead of just 1% who are just using it to build bunkers to hide from the consequences

[@Angular777]

Kind of sounds like Captain Planet Woke Edition: Enthusiasm, Amazement, Warmth, Fervor, Heart. With our powers combined: we will summom Captain CEO

[@AllanYPhotography]

They destroyed the company and are getting their golden parachutes.

[@Mystical_Socrates]

If you've ever been behind the counter of a Chipotle, you will notice two things. 1. The staff are ALL BABIES, including the store manager. Young people typically take the lowest pay because they are at the beginning of their career and just due to financial insecurity. 2. It's disgustingly filthy. The stores are chronically understaffed, and there is no incentive for employees who are there to actually care. Add in the woeful lack of decent support services (like I.T.) and you start to see a pattern. CEOs know how to make money, and the shareholders are happy by doing so. But these companies are failing us. And it won't last forever.

[@tHebUm18]

10:21 Please, and I cannot emphasize this enough, do not work for a company that has any C-suite people with these titles.

[@ManPursueExcellence]

What about VP of People or something like that?

[@burchified]

I'd like to think they realized how comparable they are to a magic 8 ball or random number generator but I know they haven't.

[@Jayraymond897]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

[@paulheny]

Right, the role of adisors can only be overlooked but not denied. I got financially free at the age of 49 with over $1.6m in investment account alone. I was shocked that I made more money with money than with hard work, even my CEO income. Earning "return on investment" makes me more happy. (But I still enjoy working)

[@Jayraymond897]

Spot on. The market presents different. opportunities to create passive Income, with the right skill and proper understanding you're good to go.

[@paulheny]

You're right, the best time to buy in the market is when there's fear. A huge part of my growth has also come during this bear market. This year alone, I have scaled from 180k to over 354k.

[@natelie2617]

How were you able to make that much? Seems like I'm not lucky enough.

[@paulheny]

If you don't want to crash and burn, you should seek the advice of a fiduciary counselor when you first start out. Fiduciary-counselors have exclusive information and data paths that are not available to the general public. Understanding the direction of my Fiduciary-counselor Mary Callahan Erdoes.

[@ZahidTaimoor95]

The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.

[@LouiseGeier90]

Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.

[@StevenKnox94]

It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.

[@AtlasBarrett45]

The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

[@LatoyiaCouch87]

Many individuals report success in investing in stocks,forex, and cryptocurrency, yet I continue to struggle.Can somebody help me out or advise me on what to do?

[@ArdenAspen35]

Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.

[@whatsthisidonteven]

Before watching the video: Because they can easily, immediately find a cushy job with less responsibility elsewhere. After watching the video: Because they can either stop working altogether and live a nice live scot free or they can easily, immediately find a cushy job with less responsibility elsewhere. Also, "turnaround CEO" is something unions should learn to identify and combat asap. Also, hustle gurus are soon gonna become your next CEO, "Chief Enthusiasm Officer". That's just great💀

[@wtf_usa5597]

They want to be looong-gone when the SHTF in the stock market, that's why!

[@EuroGuardian]

BECAUSE, there is a recession coming and they don't want to see a company tank and have to deal with the fallout. They would rather secure a pension now and watch with popcorn

[@chrishoppner150]

Y'all have to unionize.

[@RillianGrant]

That's not going to help a struggling company.

[@lonelychameleon3595]

Imagine getting up at the ass crack of dawn and going to work your shit, underpaid job when some preppy finance bro is making millions as "Chief Amazement Officer." And then you vote against higher pay and labor protections because you still fool yourself into thinking that you will ever be as rich as them.

[@nineten9011]

It’s nearly impossible to convince Americans that capitalism is just an inherently bad system

[@okbarrels]

​@nineten9011 "Yeah, I just think if the citizens are already paying taxes, then those taxes should be used for services that benefit the citizens" "Oh so you HATE our country then!!"

[@Yukosan13]

Yes, some people are delusional enough to think they can go from the bottom to the top CEO.. but that's not true.. they just come from the top.. or some rich persons' social circles or their family tree.. (regular people don't become CEOS) Last place I worked at had their sons and Daughters be CEOS (even if they have zero experience and can't really do the job) it's just a big fake job that pays too much.. improving nothing in the company

[@billballinger5622]

oh stfu with your political crap

[@evanthesquirrel]

You can't vote yourself more money. Everybody else is voting for more money for themselves too

[@DistrustHumanz]

When the top comments on financial channels are mostly bot investment scams, and no one is even bothering to report them anymore, you know the system is in serious trouble.

[@pspmaster2071]

Yeah I've been seeing a lot of them lately. I wonder if the upvotes from them are from people or are those from bots too. When I report them they are no longer visible to me but I don't know how long it stays that way or if it even changes for other users.

[@thevillager8339]

Not click bait. Not overexaturated. Just a video.

[@HowMoneyWorks]

It is indeed a video of all time

[@LickerBush]

@@HowMoneyWorksthis is for sure the video I have ever watched

[@tonycrabtree3416]

not good english…

[@thedude7319]

Before watching my guess ? Being ceo was easy during free money era with acquisitions and now when the fire gets hot everybody bows out because they know they wouldn't be a good ceo during trying times

[@CainanParker]

I can’t blame the CEO’s for their wild pay packets. I’d be doing the same if I could. The finger should be pointed squarely at immature boards and shareholders unwilling to put pressure on them. Shareholders care about returns, not employees.

[@zeusnation4eva502]

at least someone it the comments has sense

[@Tech0Influence]

Oh no!! They can’t make millions off employees 😢😂

[@HowMoneyWorks]

😢

[@kittytrail]

should we open a destitute CEOs gofundme to help 'em? 🥺

[@nothereandthereanywhere]

@@kittytrail Yes and ask only employees that miss them to donate.

[@JustSomeGuyLass]

The company will enact a policy forcing all the employees they've screwed over for years under their leadership to pay in as just another f yu ​@@kittytrail

[@ngf5077]

The majority of their compensation comes from call options. This money does not come from revenue like normal salary

[@daisyday5037]

Happened at my company, red hat . We were making double digit growth but they laid off 4% of employees. Not only ceo but senior leadership team also “resigned” after taking their packages and at the same time as the layoff or just before. They don’t care

[@SackOfGold]

Susan Wojcicki stepping down was used as an example in this video and I don’t think that’s really fair. She stepped down because she was battling cancer, unfortunately she recently lost her battle.

[@BennettBodhi]

In this world, the general public adheres to the conventional wisdom that a good job is the key to becoming rich, while a select group of billionaires has access to and operates by a different set of rules or strategies that are not widely understood or accessible.

[@RogerTerry01]

Absolutely, investing can indeed be more effective for growing wealth compared to simply saving money.

[@MaryBegay350]

When you invest, your money has the potential to earn returns through interest, dividends, or capital gains, which can compound over time.

[@FordFox-7]

In this world, the prevailing belief is that investing is the key to financial success, and people are educated early on about the benefits of growing their wealth through investment rather than simply saving money.

[@AustinSean-]

The culture and economy of this world revolve around advanced financial literacy and investment strategies.

[@EastonEverett-59]

Here, people are encouraged to explore various investment avenues-stocks, real estate, startups, and more-to build and expand their financial worth. The focus is on proactive wealth management and maximizing returns, contrasting with a traditional focus on saving.

[@zoeLou-wj3vf]

Fantastic video🔥🔥! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??

[@MasonAvery-p9j]

Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders.

[@WilhelmFrieda]

I think l'm blessed if not I have met someone who is as spectacular as expert mrs Janet.. Highly recommended🙌

[@AleksyMaciej]

Wow, I'm surprised to see Janet mentioned here as well. I didn't know she had been kind to so many people

[@EmilyMargaux]

​I'm also a huge beneficiary of her.. I thought myself and my family were the only ones enjoying Janet trade benefits

[@EarlRoy-x1n]

​Though I started with as low as $17,000 actually because it was my first time and it was successful, she's a great personality in the state

[@laurent90210]

it is called "getting out one step ahead of calamity"

[@louyou6614]

In arabic we have a sying that say roughly me and after me the floodm, or i leave and then i dont care about the flood

[@bigedslobotomy]

It seems to be that having a CEO is a bad business model. They tend to “maximize profits” at the expense of employee retention, and the quality of the product or service they offer. The CEO is tempted to do this to generate maximum return for the investors, and retain their position of money and power.. Over time, these actions tend to “hollow out” the corporation, and make it less competitive, until it is superseded by a company or corporation that hasn’t forgotten that it’s employees are it’s life-blood and that it’s product or service is WHY people give them money in the first place.

[@atulyadav3197]

So turnaround CEOs will Ruin the Product Line up Ruin the work culture Ruin the employee pay Ruin the customer experience Get Short term return and jump ship and leave it to next person to handle long term performance & growth of the company.

[@angrydachshund]

Turns out, 2% interest rates make a lot of dumb business -- and a lot of dumb CEOs -- artificially viable. When rates finally went up, we found out who has staying power.

[@ParisLondonRoma]

I remember back in the 90s when everyone was calling for CEO salaries to be tied to stock performance. Now stock performance is the be all/end all and services and products slide down the priority list. So you get the Intels and Boeings where engineers are serfs and marketers/accountants/lawyers drive the biz off a cliff.

[@tjpprojects7192]

Executive positions are just rich people food stamps. Young billy just graduated from plush ivy school #3 and he needs a real job. Give him a Chief Happiness Officer position so he can get real work experience and then he'll be able to retire in 3 years with 5 homes, a super yacht and free investment money. You could eliminate 99.9999% of all executive positions in America, and you'd see productivity and profits increase by 10,000% EZ.

[@alicianieto2822]

As someome who went to school with Young Billy, can confirm

[@dserv]

@@tjpprojects7192 always fascinating how ignorant people are. Truly baffling how confident you are about knowing absolutely zilch.

[@jurassicthunder]

why are they allowed to have so much excessive amounts of money? who or what makes it possible? how can it be fixed?

[@GKCanton]

7:07 "Subjective set of eyes" - Did the truth just slip out there?

[@Legendary54ff]

*Larry Burkett's book on "Giving and Tithing" drew me closer to God and helped my spirituality. 2020 was a year I literally lived it. I cashed in my life savings and gave it all away. My total giving amounted to 40,000 dollars. Everyone thought I was delusional. Today, 1 receive 85,000 dollars every two months. I have a property in Calabasas, CA, and travel a lot. God has promoted me more than once and opened doors for me to live beyond my dreams. God kept to his promises to and for me*

[@Suuuzzyyy]

But then, how do you get all that in that period of time? What is it you do please, mind sharing?

[@Legendary54ff]

It is the digital market. That's been the secret to this wealth transfer. A lot of folks in the US and abroad are getting so much from it, God has been good to my household Thank you Jesus

[@Legendary54ff]

And thanks to my co-worker (Michael) who suggested Ms Susan Jane Christy

[@HillarySweet]

How can I start this digital market, any guidelines and how can I reach out to her?

[@PaulAlbert-fj2ov]

So nice to see Susan Jane Christy talked about here. Her good works are speaking already, and like wild fire, she's spreading.

[@laughingman7882]

Wife works at Starbucks. Called it when this was announced. Bro was going into cut benefits and increase work load. StarB has aprox half the number of employees it did 2 - 4yrs ago. With that Adobe, they've doubled the workload without increasing pay. Workers need to stop showing up on mass when this stuff happens.

[@zwabTheRealOne]

Probably in bad taste to include Susan Wojcicki in the intro given we're now aware the most likely reason for her stepping down was her health.

[@CantoniaCustoms]

rip bozo lmao

[@OS1540]

And eventually her passing. RIP

[@JimmyLeeJr]

Awwww did censoring people and robbing their monetization to pump the stock give her a tummyache? Maybe a case of the wumpsie mumpsies? Oh nooooooo. How terrible. I feel so awful for her.

[@zwabTheRealOne]

@@JimmyLeeJr She had and died of cancer. So maybe tone down the edgelord persona. I have many reservations about how KZbin was ran under her watch (and since). I can still spot, and call out when something is in bad taste.

[@JimmyLeeJr]

@@zwabTheRealOne I just hope she somehow got to see her loved ones go before her.

[@Floratic]

I don't know much aboutbthe CEO's who were let go but it could have something to do with being a poor match. Like hiring a successful CEO of a tech company to be the CEO of a well-known clothing retail store. This happened with a company I worked with before. It was a disaster.

[@stapleman007]

Activist investor can just take over the board with a small stock position, sell all the real-estate assets of the company in a one time payout, then sell their stock and ride off into the sunset. Red Lobster

[@shaunsensei6948]

Pretty hard to do with public companies. This is something done in PE and that too for a reason. These are generally failing brands. If you had a car that was getting worse day by day would you sell that entire car for a loss or sell individual part of it and maybe make a ni e profit on it?

[@shinyrayquaza9]

Stepping down is a synonym to taking the money and running

[@h.e4795]

It's a crime we aren't taught this at school. Nowadays, this is literally the language of the world and the way to interact and communicate with others for society to progress. Imagine a worker who figures out a way to make the company more efficient. He sadly wouldn't know how to apply it.

[@maestrulgamer9695]

Just say that way to the higher ups.Big deal.

[@connordarvall8482]

So when they come in, wreck a company and then leave and get promoted, it was because the CEO was meant to wreck it?

[@xdcksgmd37]

Their greed ran unchecked for too long

[@robertofernandez7823]

Please let’s not make it a thing for political offices to be less stressful positions that ceos can just pivot to for less responsibilities that honestly sounds terrifying

[@jokerpilled2535]

Golden parachutes need to be illegal

[@dserv]

@@jokerpilled2535 why exactly? Why do you get to tell shareholders how to spend their money? You want more money to stay in shareholder pockets rather than letting them use it to pay their workers?

[@jokerpilled2535]

@@dserv do you even know what a golden parachute is?

[@dserv]

@@jokerpilled2535 I’m a corporate lawyer and I know more than you.

[@maestrulgamer9695]

Lol,how to even enforce such a thing?Is not possible withought making it worse for ALL employees.

[@jokerpilled2535]

@@maestrulgamer9695 firing a bad CEO shouldn’t be rewarded

[@FM-kl7oc]

9:36 Who the hell makes a temporal graphic that is read right-to-left instead of left-to-right?!?

[@typemasters2871]

A manga enjoyer?

[@Circle46]

Ai fluke?

[@joehaverlock5385]

I have never actually seen this sort of thing happen before. As I had the exact same observation and question as you, I felt the need to enquirer if you found out (who made this ass backwards graphic). Additionally, I am currently paused at 9:38, while experiencing a bout of guilt and shame. Guilt, That l'm watching this shit show video and Shame, That I paused it two seconds slower than you. Well done FM-k17, well done.

[@Frederickotto55]

If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you... prevent inflation

[@KarenBarretHafer]

Thanks for continuing updates I'd rather trade the crypto market as it's more profitable. I make a good amount of money per week even though I barely trade myself.

[@Frederickotto55]

A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some ‹professional advice. ‹it's totally inappropriate for investors to hang on while suffering from dip during significant

[@Brianna_Hend]

You trade also?, I

[@Frederickotto55]

No I don't trade on my own anymore, I always required help and assistance

[@Frederickotto55]

From my personal financial advisor ..

[@holdenSFZ]

Always magically fall upwards

[@HowMoneyWorks]

time for a promotion

[@yashvashistha7804]

My father was a top executive when he had one more year before his retirement. The company gave him six months salary as compensation and fired him. Classic cost cutting. He got pay worth 6 months with NOT having to go to work while the company saved his salary worth 6 months which I suppose it utilised to pay managers. He now earns triple the amount he was paid by investing in real estate, gold and mutual funds.

[@cweaver4080]

The CEO they hire to clean up the mess left by the cost cutting CEO is the one who deserves the $113 million.

[@seancatacombs]

In a lot of corporate hierarchies you basically have zero "job security" until you at least make Senior Director. That's generally the point where you're considered part of "Leadership" and it's bad shareholder PR to lay you off unless you've failed spectacularly several times

[@TheDelahunt]

The thing I want to point out is the average CEO salary being about 16m. I understand that it's probably a difficult job being a CEO but that's just too much. 1% of that salary being 160k would be life changing for so many people who just want to be able to buy a modest house. Currently my family lives like we are broke, make decent money, have only a modest car payment as our only debt and yet we can't afford a run down shack in a very rural area.

[@RillianGrant]

So what if it could make a big impact to someone else. They're paid based on the impact they can have on the company. The same as all other employees.

[@RK-cj4oc]

​@@RillianGrantThey do not. CEO are drasticly over paid as it is simply a position for share holders to empty companies to maximize their shares while destroying companies long term viability. Small companies with CEO's usually have very different jobs from corporation CEO's. No CEO is worth anymore over millions.

[@Nick-dg3pd]

​@@RK-cj4ocYes they do. Look at any company and look at when they hire or name a new CEO. You can dislike the amount all you want but you can't seriously say that they don't have the most dramatic effects on the market value compared to any other position/person. Even a hint of a major CEO joining a company can skyrocket the share price

[@RK-cj4oc]

@@Nick-dg3pd Jusy because people artificially try to make CEO's have impact does not make it so in reality. Share holders have Ceo's in order to enforce their will and it is all a rich persons club. Any person can come up with " strategies" when paid 16 mil a year. Every single person with a basic functioning brain. As with that much money you can have anyone help you.

[@raybod1775]

Board members and CEO positions are all serving each other (interlocking directorships) that’s why they’re all overpaid.

[@eoinleen1]

In the UK we are going through a near unprecedented stagnation in productivity growth. It seems to largely be due to lack of business investment. I wonder to what extent is the very short term quest for profit to blame. It encourages cost cutting over long term investment. Some of that precived "dead wood" might actually be very knowledgeable and useful whose removal might be deleterious in the medium to long term. Also maybe the best thing for the company is to invest now in people and technology, but it will hurt the bottom line in next years annual report. As our CEOs, political leaders and indeed our societies get older I think there has been more of a focus on the now, at the expense of the future.

[@kobuseksteen411]

CEOs are also selling their stocks in large numbers, which is never a good sign. The AI bubble is about to burst and cause another recession, and they know it.

[@JoelReid]

Another reason might be the prediction of an upcoming recession... They do not want to be CEO during a recession, thus any problems can be blamed on whom ever takes over.

[@dontstop2517]

if i was a CEO i would resign BEFORE the crisis thats coming LMAO

[@aramkiss]

Many of them know they are solely responsible for providing direction to gouged the consumers to the max and making their exits before they can be held accountable.

[@MollyShorters]

Wow, talk about a power shuffle! CEOs resigning left and right-guess they're all trying to cash out before the next big thing hits. 😂 I've got $212k saved up and ready to dive into investments, but could use a little guidance to kick things off. Anyone have tips for a solid headstart?

[@NancyFranciss]

Totally get you! It's a wild world out there with all these CEO changes. If you're looking for guidance, I'd recommend checking out an investment advisor. I had a great experience with one who helped me navigate the market. Don’t hesitate to reach out to a pro!

[@blissds-gi3mb]

Good point! I'm definitely leaning towards finding an advisor myself, but it’s hard to know where to start. Any tips on how to find someone reliable?

[@NancyFranciss]

There are a handful of CFAs. I've experimented with a few over the past years, but I've stuck with ‘' Linda Aretha Reeves” for some years now, and her performance has been consistently impressive. She’s known in her field, look her up.

[@blissds-gi3mb]

Just looked up Linda Aretha Reeves-she seems like exactly what I need to push my financial journey forward. Thanks for the tip!"

[@HaamRadio54]

Developing economies. You can fund your own gem mine in Tanzania for the price of a camry.

[@Evilnessme]

There was a time when the CEO and the board actually cared about the companies they were charged with. Now the companies are run by greed and the greed of shareholders. Its disgusting, shameful, and destructive. I doubt it will stop anytime soon

[@custos3249]

Because how do you know your golden parachute works if you don't use it?

[@intellectfactory]

"Chief Enthusiasm Officer", "Chief Amazement Officer", "Chief Heart Officer" Someone please tell me this is a joke

[@parisosuch7326]

is it just me or do they keep extending the phrase “it’s time to learn how money works” further and further into the video each time they make one lol

[@DRakeTRofKBam]

"Its time to learn how money works." *video ends*

[@Aubrey2004-j4k]

😂😂its not just you mate

[@Jasimp90]

“CEOs are employees just like any other..” except when they fuck up and get fired they get millions of dollars and probably some notice whereas your actual average employee gets let go without notice and gets nothing sometimes even having to fight to get their last paycheck.

[@fmango]

I speak to a lot of ceos and CTOs on my clients sides when starting projects and I can say, they are generally idiots.

[@suntzu6122]

Id say its because they suddenly started caring about their workers but we all know thats bullshxt.

[@kittytrail]

they do care though, that's why we see so many feel good C-titles like those at 10:17 (a.k.a. "corporate lubricant" 😏) so them plebs don't feelas much shafted as they are when their reaming keeps on goin'... 😋👌

[@alexrowe7063]

Controlled companies huh? The puppet is changeable the shareholders call the shots.

[@kenos911]

Lol you must be new around here, the shareholders control the company, but who controls the shareholders…

[@spkrlre]

​@kenos911 you can tell us who controls th shareholders

[@Coconut-219]

meanwhile CEOs (flagrantly violating their fiduciary responsibility): "This sign can't stop me because I can't read!"

[@zeusnation4eva502]

@@kenos911no one controls them, you think the CEO of Twitter ALLOWED himself to be fired from Elon’s bear hug? adding a “…” isn’t even a good defense, it’s just lazy to not answer your question and just allow people to speculate

[@gavinlew8273]

Nice and insightful video. So there are two kinds of CEO, the long term type and the short term "turnaround" CEOs.

[@alfred3041]

This channel needs to be a mandatory addition to the cirrocumuli of all financial, business & administration courses in universities ❤

[@MatthewStinar]

You don't think his thinking is generally representative of the status quo? I watch this channel to know my enemy, not to learn how money works.

[@alfred3041]

⁠@@MatthewStinarI suppose that’s the path you travel. I, on the other hand, am genuinely here for how the money works.

[@MatthewStinar]

@@alfred3041 I don't think you'll find that here.

[@starfan6299]

I'll never understand why they fire hundreds of employees instead of cut the pay of the CEO. He's the one responsible for how well a business is doing, he should get the punishment.

[@mcaslaf]

When CEOs got fired to save their face and companies' reputation, they use resign, step down and alike. While employees/staffs yeah you're fired.

[@billcipher1212]

i love that you always manage to put your name in the video somewhere where it makes sense to be used

[@EthGian]

The corruption that runs through this administration is getting scarier. I feel for the disabilities who are not getting the help they deserve. Anyone who is not investing now is missing a tremendous opportunity. Imagine investing $2,000 and receiving $7,020.

[@DanaRhoades-hb2kr]

How can disabled seniors generate passive income during quantitative times? I can't afford to see my savings crumble to dust

[@EthGian]

Getting Knox jarrati to help me really helped me clear all my debts. I started with what I have left and it's been the best decision I've ever made

[@Yesminjames]

This is correct, Knox jarrati strategy has normalized winning trades for me also and it's a huge milestone for me looking back to how it all started

[@DennisCrurch]

I have been seeing lots of testimonies about her. She must be very good for people to talk so well about her

[@RicRabina]

Knox jarrati has taken the internet by storm! I didn't realize she was so popular

[@old_grey_cat]

I watched the career of a "Turnaround CEO" - cuts wildly, alienates faithful staff, departs - business later discovers that complaints from staff on changes re safety, bad treatment of customers, and corporate memory were actually serious warnings. Serious legal problems follow. Meanwhile, the ex-CEO is just starting on the business after the business after that one. Look into the performance/reputation of a company before the "turnaround" CEO and 2 or 3 years after the CEO left if you are thinking of investing in a company which is hiring that person.

[@martindousa9009]

8:15 I spit out my drink lmao

[@MTEtogo]

8:15 hahaha I bursted out laughing 🤣

[@davidhollfelder9940]

It’s called “take the money and run”, via short term ROI. The end run is to be independently wealthy, then the “golden parachute”.

[@Fawstah]

we need to get rid of the stock market. this obsession with growth at all costs always comes at the expense of customers and consumers.

[@turtlefrog369]

@@Member00101 the stock market is literally PUBLIC trading and is a communist revolution of the private corporations. Not capitalism.

[@maestrulgamer9695]

Then most people would become unemployed.That'snot any better.

[@silverwing5254]

@@maestrulgamer9695 People had jobs before the stock market was a thing and they will have jobs after it is gone.

[@FlorenceSlugcat]

@@Member00101wrong. Capitalism does not equal public corporations. Private corporations are a thing you know?

[@MekarWB]

Interesting insight. It makes sense that, like many things, the trend we're seeing of things "falling" right now is because they reached an all-time high in the last few years. It's a shame most of the comments seem to come from people bitter about others' success rather than seeking to understand anything described here.

[@JamesAllen-xk8bc]

Because they know that its game over; time to cash out and get off the Titanic.