Why are CEOs Quitting at Record Pace? | Vantage with Palki Sharma

[@tiz6549]

CEOs are grabbing their money bags & getting the hell out!!

[@gs-e2d]

haha

[@Rayjack-m9o]

Their collecting their Platinum parachutes and getting out while stock markets are at all time highs !

[@HealthWealthBalance]

subscribers

[@jijilr]

They are quitting as they can afford (paid well enough during their tenure) to quit. There is not mystery or riddle here.

[@sirajsid7760]

No CEO in this world develop a business from scratch but its founders. They make money only if the product success in the market. Now the business is not as usual due to geo-politics and at this situation CEO have no ability to make profits. The reason to resign.

[@Da1its0Uf8oma]

Intel CEO didn't quit. He got laid off, and it was not his mistake. He just inherited the mistakes of previous CEO's. This is what happens if you put a bean counter in a position rather than an engineer for a technology company like Intel.

[@HyBourn_IwillnotComply]

Exactly...plenty of these bean counters are out there being CEOs, just look at Tim Cook, Iphone is just growing cameras and buttons in every iteration they come up with. Then the worst kind is the "caretakers" who gad knows what background they are from. Nissan screwed up bigtime when they sacked Ghosn like the Yakuza.

[@muraliranga]

Contradictions. He inherited the mistakes of his predecessor - CEOs who were Engineers, yet appointing an Accountant as CEO is the problem. Which one is it?

[@Da1its0Uf8oma]

@@muraliranga Pat Gelsinger is an engineer. Bob swan, Paul Otellini, Brian Krzanich all his predecessors are MBA's, accountants, salesman, bean counters, call what you want. None of them are qualified to lead than position. Again all these companies are driven by focus on quarterly profits, stock buy backs and increase on stock prices. Intel is just one data point. this culture is in India too.

[@mangothing1604]

Who cares? He took the job and the pay packet, knowing full well that he couldn’t succeed. The board should be sacked too.

[@tipoomaster]

Right, I wish Firstpost would work on error checking more, this reporting is simply wrong

[@ParikshitSarve]

Make me ceo for just one month and I will resign once I receive salary....that's enough for me 😂

[@anitha_m1851]

😆😆

[@nalinaxipujari6828]

😂😂😂

[@vivek777ish]

CEO can come & go.. but the company should run forever😅

[@manojramesh4598]

Companies run and go, so that next generation companies get a chance, even jeff Bezos says Amazon has to fall someday

[@billwalton4571]

They are set for life, no need to keep working

[@Dheerajburad-nl7pn]

The reason behind fall of large co.s Seems to be the pressure by small and medium scale co.s and they are at the verge of getting ready to become the next big companies as they are adopting faster. Time for New companies to step up and rule the markets

[@dailyui636]

Simple solution. Stop paying them so much, when there aren’t able to deliver. Hire someone who can do the job at a reasonable price. Run incentives within the company. In my experience, most of these hire ups, are aloof from the ground reality. They only sit in their air conditioned offices, pretend to by busy, give motivation talk and leave home early. What’s the Outcome? Increased bitterness within the teams, who are actually doing the work, honest and hardworking employees quitting due to unrealistic expectations set by these wacko ceos. It’s such a simple solution but most companies seems that they have forgotten the basics.

[@deezeed2817]

The problem is that they don't understand they're dealing with people. They all make the mistake of looking at this from the perspective of an accountant. They go in start cost cutting or leeching for more profits. All of these alienate people and creates a cycle of mistrust that worsens the long term state of the company.

[@erictred4529]

@@deezeed2817 Ahh Capitalism isn't it great me beating you down for a lousy .05 gain in your stock. And are next game is the throw people under the bus game another favorite amongst CEO's

[@RussoConcerned]

If a publicly traded company chooses to outsource overseas to cut costs, it should start by outsourcing top-tier management positions like the CEO, CFO, and CTO. By saving millions paid to these executives, the company could preserve the jobs of many American workers. These employees, when gainfully employed, would contribute much more to the local economy than a small group of highly paid executives.

[@MrSniper2k7]

CEO's making billions of dollars just by quitting their jobs. Low level employees suffer for what wasn't managed right, no strategies nothing.

[@KeithJones-mt6rb]

They dont know what they are doing thats why plus they got the money so damn the company

[@mangothing1604]

Go to the German model. CEOs don’t get paid 100x salaries and employees sit on board.

[@Thoughts2002]

pretty much all companies have the similar sounding vision - Customer focus, operational efficiency blah blah but the execution is what makes different - most of the western world is running on abundance of investment with aging population. People are no longer willing to spend on unnecessary stuff.

[@kamilkachnic7360]

No one will miss them!

[@aladjicrimisi6343]

😂😂 facts like we don’t even knows these people lol

[@OsungaOkello]

Zero accountability, beyond the loss of their own benefit. If the company goes down , they don’t pay.

[@tipoomaster]

"Quitting" sounds willing. And then "Resigned"? This report is just wrong guys, nothing about it sounded willing, the board ousted him with a very early morning newsroom announcement. I would have been willing to see Pat's results after a full 5 year silicon design cycle, but I hope the next person can accelerate it even more. It sounds like the board itself needs work.

[@musaquazi3495]

Simple economics: GTFO with obscene amount of money. The time is NOW.

[@akhila007]

Their jobs are highly stressful. Ever heard of a board of director quitting? CEOs are simply scapegoats as well.

[@chetanbu7922]

You really don’t need a CEO to manage a company u just need workers who can guide the company forward, u can save so much.

[@raghavtrehan2534]

Awesome report

[@ManishJaitly]

The limitless greed of the investors pushes the board of directors who push the CEO relentlessly. A human being can take only that much and eventually breaks.

[@kumarns5485]

They know what they have done to the organisations they served. They think it’s right time to encash their stock options before it’s too late to leave. Some of them like Brad at Woolies, were booted out and they deserved it.

[@TknWhyBoy]

About time! They get too much money for doing literally nothing. We the people are tired and sick!

[@mangothing1604]

I’d be happy to quit after 12 months @ $28m. I wouldn’t even try to wreck the company.

[@RussoConcerned]

If a publicly traded company chooses to outsource overseas to cut costs, it should start by outsourcing top-tier management positions like the CEO, CFO, and CTO. By saving millions paid to these executives, the company could preserve the jobs of many American workers. These employees, when gainfully employed, would contribute much more to the local economy than a small group of highly paid executives.

[@jaswantisrikanth2476]

They have moved on to living stressless life with bags full of money

[@alancadorette3447]

CEO's are supposed to show how to grow, and get rewards for doing it. Elon did it and a few shareholders are stopping his pay package, not a good thing

[@nickj3287]

Roadster where is it, was meant to come before cyber truck, But I thought he was already paid long time ago. I guess someone isnt happy that holds a lot of shares... one of them big investment institutions, You dont believe musk funded all those projects himself ... Come on man , SpaceX with a 100 and odd million , very unlikely...

[@Pause_café_Avec_Dr_Djon]

US stocks market is a casino… Elon tried to run away with the bank while the cards were still on the table …

[@nickj3287]

@Pause_café_Avec_Dr_Djon it is a gambling house unless you hold the asset and can sell the asset when you decide... But there is a motion to gamble on speculation for bigger returns.. Me personally if I held currency, I would apply different strategies and it isnt gambing but managing the assets correctly... Speculation and management is totally different.

[@fanlee6560]

Precisely, most of these cushy office jobs are there to waste money only, esp the CEOs if they are not the founders are quire useless, their job will mainly be just talking, put anyone else there to open their mouth to talk, no much diff. if they are out of job the next day, their prestige also gone.

[@louislepage5111]

Great Job Pat 🥴

[@vimalsnair9188]

Trust people with ability than brands or big firm…. Companies were not made because of big people coming from big companies or b school… but person with passion should be considered

[@AnonymousAnonymous-dc3jm]

It's called drilling holes on the ship and getting into the lifeboat with all the gold and row away.

[@hondaopportunity8107]

Very simple, not all , but most of these companies have gone to far with their woke policies. The DEI, woke policies are not working and hurting their business.

[@GururajBN]

On book on Management subject explained the position of the market leader or top man thus: He should always be ready to defend his position much like an army which is holding position on a peak. There are many guerrilla warriors who will deceptively crawl up to him and dislodge.

[@kepcontube]

Take the money and run

[@VijayKumar-n2x4d]

If Starbucks can pay such high payback to CEOs why don't they pay their employees something more. Why should the employees demand 'tips' in US for just keying in our order?

[@rahimoseni]

Crazy right 😮😮

[@SelfTaughtArtist1]

P-Diddy

[@ghostbansurvivor6229]

They want you to think that because they're doing much worse to the economy

[@oRohitdev]

They have made enough money and are not willing to compromise with their reputation.

[@paritoshsaurabh9851]

If your core competency is tech and you keep prioritising business, keeping your engineers away from decision making and give all control to MBAs, it will come back to bite you sooner than later... I work as developer and everyday I see company hiring most inexperienced people to work on technically very complicated products just for cost cutting so they could show bigger profits and fast paced results, in-turn degrading product's quality hell lot by every new feature launch.... Sooner than later it's gonna come biting and then we see huge falls followed by resignation.. Managers make money and leave, it's the founders and directors who were initially being greedy left behind with a hell lot of mess..

[@ze9947]

There is a saying that when you are in the right place, even a pig can fly. In today's global environment, we can see who is a human and who is a pig.

[@gerhard-jx4rn]

Good for starbucks& Stellantis

[@NationalCAAcademy]

Understand

[@jason-us8pc]

WHEN SUMMER IS AROUND EVERYONE APATIES BUT WHEN WINTER ARRIVES THEY LEAVE, NO EASY WAY OUT

[@Muricans1776]

Don’t know of any company that says hey let’s go partner with Intel on this . Decades of hubris , treating customers like trash and routing capex / development innovation dollars to executive compensation and share buybacks.

[@ranjumahendra7393]

Hope young and dynamic minds take place who will take companies to new hieghts and create more employement. It's a shame on all those companies, that lot of aspiring minds are laid off, and this is growing even more. Hope the world get's better with this thing, and stop the collapse of a generation who are aspiring to work and survice.

[@krunalgoswami4734]

Principal as well

[@giampaolocanapi3391]

Perche le grandi aziende cercano i ceo? Suppongo che le aziende vogliano incrementare i loro profitti o quantomeno limitare le perdite. Se una persona accetta questo incarico, lo fa perché il suo guadagno è rilevante e non certo perche ami l' azienda. E sa anche che la sua permanenza è legata ai risultati che ottiene. Oneri ed onori.

[@joshuajamessagritalo5906]

Pat didn’t quit tho.. he was let go

[@goolooggg9005]

Replace with indian CEOs, indians to rule america...

[@WebosNone]

Lol, Indians are salaried ceo and agree to everything. That’s why Americans prefers them , weak CEO who can’t raise voice

[@Nerosung]

40% left the company because of Diddy stop lying 😂

[@nikhilharidas87]

Truth is they can afford to quit

[@pompamazumdar4315]

How dumb news. Intel's CEO was fired not resigned.

[@Vikramarkudu20005]

He focused on foundary business rather than products which lead to his downfall. Intel had resources to get a best AI GPU out in 2023 but due to foundry focus they needed money more to it Biden administration failure on delivering CHIPS act on time.

[@Iamnotajournalist]

What’s the problem if the millionaires are fired/ retired??? 😅😅😅😅

[@appmobilie7121]

Trust me not worth that much!!!!!!

[@JeffEbe-te2xs]

Know something’s up Taking the money and running

[@atulmaratheoo7]

All four company CEO have their Tummy is full and now cannot run as before.

[@dantetorres2960]

Kasi baka naman mga bb talaga. Malaki lng sweldo

[@pushpakumardaniel3751]

They will not be missed.😅

[@user-je7pc2mp5e]

To those indians who will say that the CEO isn't indian that's why Intel fell back in A.I., let me tell you Sundar Pichai is an Indian origin CEO and Google fell back in A.I. race even though Transformers were invented in Google.

[@SangramGupta-e8q]

Lol, Gemini is catching up. In fact in Datawarehousing, GCP growth has been the fastest amongst hyperscalers and their TPUs are outperforming Nvidia GPUs on inference. The only autonomous fleet in the market is Waymo, the highest profit generating social media platform in KZbin, Chrome has a marketshare of 93%. Do you even know tech or just entered? Dremel Transformers Bert were first to research but unlike OpenAI which is private, it does not have to answer to stakeholders. Alphabet is public listed which means capex cost have to be leashed for investor presentation. Also, remember Pichai has successfully countered all the Congressional hearings in US and Alphabet has come out stronger. Take pride in yourself and your identity. Also learn more.

[@b2wme]

Your understanding of Google's capabilities seems to be limited.

[@justinhawk835]

@@user-je7pc2mp5e Google 's Gemini is literally growing really fast. It is catching up the race. Indians are smarter than you kiddo.

[@user-je7pc2mp5e]

@@SangramGupta-e8q Your first line, "Gemini is catching up." just accepts that Google lost the A.I. race. "TPUs are outperforming Nvidia GPUs on inference." This is not a big deal and is temporary. The rest of your paragraph has nothing to do with technology. It talks about market share of KZbin and Chrome and how Sundar escapes Congress hearings.

[@SangramGupta-e8q]

How did you quantify win or loss? Are you the sole and almighty decider? No market is and market is rewarding Google under Pichai. Is it for sure that Open AI lead(not win) is permanent? Just like Yahoo was the first search index, was it a winner? Amongst all AI making companies, cash flow of Google is the most and increases every year. @@user-je7pc2mp5e

[@rgfromkl3594]

Add Stellantis to the list - tried the same shity ideas expected different results and failed

[@JoshuaJackson-r4o]

They're all on the epstein and Diddy lists

[@Nader_61]

Before any more speculation... Of the CEOs who have resigned, who have attended P. Diddy's parties???

[@MP-ky8sr]

they are cashing out as the bubble is about to burst, once they are out they can sell the stocks

[@devildewaz]

Western Companies in Particular.. correct me if I m wrong

[@behramjiaftaabb]

There are CEOs retiring as well

[@MrBANTY1111]

Ma'am now a days early retirement is a necessity. When will they live life. Not every one wants to be another joe biden. Besides the young generation is getting a better opportunity in a very early stage of life; when their mind and body is still young and fresh🤔

[@roshangowda6550]

U can add jaguar to it in comming months

[@meloriguardo]

because they know something bad is coming

[@atw007]

AI will soon finish CEO's position altogether.

[@vasanthraj6036]

Fun fact they are not quitting they are getting fired

[@irvingberlin8489]

How would know Palki know why CEOs are quitting? She's the biggest joke on the internet.

[@beegonee]

Too many political scams today.

[@infinite.eternity]

Most useless post with most extravagant salaries

[@kerty1111]

They also will retire some day and someone new will take their place. Tomorrow(age 65) palki also will retire and someone else will be there.

[@abhinavmenon9140]

Do we really need them 🥴

[@qoieo589]

They are heading out to their bunkers. Pre--Apocalypse is unravelling in our faces 😂

[@leeroyhustle]

They quit because of Diddy

[@kamathmanoj]

Stellantis?

[@mellowmonsoon278]

Palki knows a tiny bit of everything but knows nothing to a level deep enough

[@PuspaPuspa-s9q]

Why

[@Zippo_Lighter]

Get woke go broke.

[@vishnukant8733]

Because they are overrated and worthless

[@nagarajung4117]

Our adani Ambani will not quit

[@bityb6858]

AI

[@HardKore5250]

Ai can do it they are burnt out

[@HardKore5250]

Robots ceos

[@sophiaelayne9984]

NWO

[@joydeepmukherjee3889]

No news just commentary

[@paultsjan6047]

India to the rescue. India is the most powerful country in the world. India is all blessed with swami, guru, smart alecs and big talker. Indeed, India is blessed by such talented people to take over CEO’s position all over the world. The 21th century belong to India The 21st century belong to India with diaspora of Indian origin all over the world taking up leadership positions. India will rule the world with its global domination of 1.4 billion people with top talent from India that will help India accelerate forward to greater height. People as human capital with knowledge and skills is abundant in India. With 1.4 billion people with top talent from India and more than 50% of its population below the age of 25 and the average age of an Indian is 29 years, it will help India accelerate forward to greater height. Indian-origin CEOs are currently leading some of the world's most successful companies in a variety of sectors. Rishi Sunak was the Prime Minister of Britain. Vivek Ramaswamy is no exception. It is not a problem for Indians to fill up the space of CEO in any vacancy. LOL!!!

[@Martin_Priesthood]

CEO very overrated

[@bireswarhalder9765]

Useless commentary. The main reasons for the downtrend are not the CEOs. They don't have any say in the government policy making framework. The USA badly needs the China market. Because of government decisions where they see security threats everywhere, Hightech company's are suffering badly. This damage would be permanent, as China is steadily developing its own chip industry through innovations. Alternative methods to EUV technology have been successfully developed for high end chip production.

[@user-je7pc2mp5e]

Now all the self-proclaimed chip engineers and scientists will give "knowledge" in the comments.😂😂

[@manumudgal5776]

Yep😂

[@arnabkumarbanerjee8150]

Just focussing on the pay packet ignoring the responsibility and role CEO play is one sided view that this channel is peddling. Disagree and leaving. CEO is the ultimate leader equivalent to general in army and president of a state. Are they really irrelevant??

[@ncrramya4777]

This CEO quiet bcz of Babji making them something Trump going to rule 4yrs....& more his party the world going to watch we to... Mm

[@dillonsawyer9377]

Nice wig😂

[@muraliranga]

It is more like great CEO cleanup.

[@priyanshiagrawal1881]

Have you put a wig?

[@viratsanatan6770]

Wokes