[bosie]

Can you even take responsibility for something if you don’t face any consequences yourself?

Like a surgeon killing a patient “taking full responsibility”…

[dtech]

Yes, that means that he takes full responsibility for a mistake, and it wasn't due to other staff, equipment, unforeseen events etc...

[alistairSH]

Responsibility without consequence is meaningless.

[charcircuit]

The parent comment just described the meaning. It's not meaningless.

[alistairSH]

So he didn’t throw a subordinate under the bus. Big whoop.

He still has a job, bonus, and golden parachute. Despite fucking up and hiring way more than needed and upending those lives.

Real responsibility would be leaving in disgrace, or returning his bonus and stock, or something else along those lines.

[Consultant32452]

"You didn't do anything wrong. It was my mistake, you shouldn't have gotten a job here in the first place."

[api]

How much were people pushed to overhire by boards and investors that are now pushing for layoffs?

Why does the financial world’s mentality have to oscillate between cocaine and opium?

[alistairSH]

I don’t care how much he was pushed. He’s the guy at the helm. Part of that lavish comp package should be the ability to say “we don’t need that many employees; that hiring is not in the best interests of investors/customers”.

[justinzollars]

There is consequence you may not consider. This company may not make it making the CEOs efforts worthless. I suspect many companies will not make it in this cycle.

[bosie]

What does this mean to him personally though? What are the consequences he faces personally? Lowered salary? Stock taken back? Fired?

[ahtihn]

You can be responsible for something even if you don't have to face any consequences.

[hsn915]

Taking responsibiliy means you have work to do to correct the problem.

You spilled coffee on the table? Clean it up. That's your responsibility. It doesn't mean you need to be "punished".

In the case of layoffs, taking responsibility might mean having to face the public and the employees with the decision and having to endure the public shaming you, etc. All on behalf of the board and shareholders.