And this is the problem with public companies and private equity. Number must go up.
Some of you will lose your job, but it’s a sacrifice I’m willing to make. I take full accountability.
When COVID hit, the management team at the company I worked for, took temporarily salary hits. The rest of us were told our quarterly bonuses would be frozen. Nobody would be laid off unless it’s an emergency.
Company pivoted in just a few months thanks to smart executive decisions and hard working engineers. The quarterly bonuses were paid out anyway. Nobody was laid off. We saved a bunch of our B2B customers’ livelihoods by offering solutions that helped them continue operate during lockdowns (and our company’s income was directly dependent on THEIR income - if they suffered, we suffered, if they prospered, we prospered). Of course, the CEO was also the founder of the company and at that point, there had been no investors or anyone involved. It was truly a family-run company that had made it big.
THAT is accountability. Doing whatever you can to keep your staff employed and your customers happy.
That company has since enshittified because of management changes and I’ve left for greener pastures, but if I’m ever in charge of my own company and the financials look bleak, I’ll take the hit myself. It’s easier to replace money than it is to replace good, hard working people. And good people will help you pivot if your business model is no longer working out.
That’s not how accountability works…
Accountability would be lowering your own pay in order to keep your workers and admit you did this because others shouldn’t have to suffer for your mistakes.
I’m sorry, but I don’t think you have what it takes to be a CEO
No matter! He said the thing so he’s absolved, that’s just CEO rules ¯\_(ツ)_/¯
That seems kind of harsh. I’d totally accept falling on his own sword, maybe seppuku.
yes, this is more like that little hand wave that tennis players do to acknowledge a lucky point “sorry mate, your job is gone… moving on”
That means he fired himself too, right?
… Right?
“I declare accountability!”
After paying $720/yr, then $840, then being told it would be over $900 this year, I wasn’t really happy about the cost of using Dropbox. But it’s been rock solid for many years and was heavily integrated into my company’s workflow, so I smiled and bent over.
Until they took away the unlimited storage. I was using 31TB, and they wanted to put me at 15TB with no option to upgrade even if I wanted to.
I already had an on-site NAS, so I bought another for $3k (with drives) and asked a family member in another state to house it. I’m using Resilio to sync everything. It’s been backing up for a couple of months and probably has a couple more to go. So far I’m happy with the decision.
I have to imagine I’m not the only one making this move. Even if they fix the problem, I’m not going back. It’s far cheaper to keep a customer than to win a new one. Hopefully they learn their lesson.
Narrator: They won’t.
It’s funny because the people behind the decision will likely profit from enshitifying the company so that it’s no longer useful or profitable in a few years.
So in a way they’re learning the lesson that they should keep company hopping and soaking customers wherever they go, because everyone (at their pay grade) gets rich, and then they just move on.
That is the entire purpose of the decision
See Boeing, intel today, but history is littered with examples
The MBA playbook
Is this for personal or professional? I have a small server (few TB) and I’m amazed the immense amounts of data some people hoard for fun. I always thought it was mad to keep movies, until I tried to get the original lion king on my native language and decent quality and it took me days to find. Won’t delete that one
It’s both. My company is nearly twenty years old and I have an archive of everything I have ever done. … And a plex library.
“Full accountability”, as in, they’re still fired, he still have his big paycheck and assorted bonuses, and the more general “fuck them” attitude will remain.
That’s not accountability, that’s shitting on people and smiling about it.
It’s like a YouTuber apology. “Oh I done fucked up, I am so sowwy” while sitting on a cozy couch in a multi-million-dollar home
As a CEO. His public opinion is already dogshit, might as well own it.
Sure, I’m an asshole, I did that. Sorry, it is what it is.
think they mean he took the full accounts
That is the opposite of taking accountability though…?
Yes, but only if you don’t speak C-Suite.
Surely that means he also took a hefty pay cut to keep on as many people as possible. Wouldn’t that be what accepting accountability looks like?
We had layoffs last year, and two of the managers opted to quit their jobs rather than fire an additional staff member.
Sadly their replacements are not as nice.
My manager just went on vacation the week they laid off his team. Didn’t hear a word from that coward after the fact.
Accountability: : the quality or state of being accountable
especially : an obligation or willingness to accept responsibility or to account for one’s actionsHe’s literally saying “this is my fault.” That doesn’t mean he’s willing to suffer the consequences personally. Not defending his decisions, just pointing out that people seem to be misunderstanding what “accountable” means.
This is usually (expected) followed up with… “well, the fuck are you going to do about it, then” and this fuckface decided to pussy out and fuck over 500 people.
So I mean, half right, but that’s still a giant red F in my book.
Found the commie! /s
He’s taking full accountability by giving himself a larger raise.
CEO Drew Houston will remain in his job.
So not full accountability.
It’s the sentiment that counts.
“full accountability” means moving those 500 workers’ salaries into his paycheck.
Don’t forget the bonus for cutting costs!
How very noble of him.
