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by ryandrake 528 days ago
Then again, these people always fail upward. They may have the sword hanging over them, but when the sword falls and they leave, they do so with a fist full of millions of dollars in Golden Parachute, and then float over to Level+1 at the next company.
2 comments

Yeah, over my career I've seen multiple c-suite bounce from company to company getting gently pushed out each time but still collecting massive packages (with the vacation houses and yachts to prove it).

Once you reach a certain level, you get treated with kid gloves. Even with the sword hanging over you, they don't out right fire you, they work out a deal where you "wanted to spend more time with family".

It's because at a certain level you have valuable relationships people want to protect, enough wealth to make decisions without it personally affecting you in a real way (i.e. homelessness, loss of medical care, etc), and information about how the company "really works" that could be valuable to the competition or a tell-all story for the media.

Basically, if you're rich, you're a "real person" and if you're not you're an ant.

I think you might be watching too much Succession.
You should step into the real world occasionally if you take any issue with this thread. You're fortunate if this feels outlandish to you.
Is the real world where all these "real people" are?
Well you don't get to those positions without handling metric buttloads of blackmail, and that's largely all a golden parachute really is: wealthy psychopaths caching out on all of the markers and dirt they have on everyone else when they leave. :P