Hacker News new | ask | show | jobs
by kar5pt 1172 days ago
They should have known that an economic downturn was possible and planned for it. Wtf do these C-level execs get paid millions of dollars for?
3 comments

Preparing means potentially missing out on revenue during the time before the downturn, a.k.a the opportunity cost that I mentioned.
They get paid for lining the pockets of shareholders as effectively as possible quarter to quarter
Why the assumption that they didn't plan for it?