The CEOs will get a short term boost to profits and stock price. Theyll get a massive bonus from it. Then in a few years when shit starts blowing up, they will retire before that happens with a nice compensation package, leaving the company, employeez, and stockholders up shits creek from his short sighted plan.
But the CEO will be just fine on his yacht, dont worry.
I hope it works like that.
I hope all those companies go bankrupt, people hiring those CEOs lose everything, and the CEOs never manage to find another job in their lives…
But that’s a not bad second option.
The CEOs will get a short term boost to profits and stock price. Theyll get a massive bonus from it. Then in a few years when shit starts blowing up, they will retire before that happens with a nice compensation package, leaving the company, employeez, and stockholders up shits creek from his short sighted plan.
But the CEO will be just fine on his yacht, dont worry.