this post was submitted on 31 May 2024
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Dave is making money. Don't blame him.
I quit a company for this. We wouldn't give our star performers raises, but they somehow managed to pull off a 7 million dollar one week party for the whole company. It would've been something like 100k per employee had they just handed out bonuses.
We lost a wave of talent after that and their stock dropped 80%. I'm glad I cashed out when I did.
Don't blame him because he's just "making money"? Might as well not blame the execs with that logic. They're also just making money, right?
With this particular concert, no, they're spending company money (which otherwise could have gone to employees) for themselves.