The public reaction is what scares them. They are entirely disconnected from the consequences their actions impose on the public and can’t imagine why their “customers” would be cheering the death of their peer. They don’t think Brian Thompson did anything wrong, maximizing shareholder value is a noble goal after all, so from their perspective the public just seems bloodthirsty.
Much like how DC politicians live in a bubble where they think everyone in the US has grocery options and plentiful healthcare (due to how business around DC structures these things so those “leaders” just assume all of the US is like DC), the C suite lives in a tone-deaf rich-person bubble with zero comprehension about what it is like to actually live in the shitty world they orchestrate and manipulate.
Reading some guff about the Kroger-Albertsons attempted merger was case in point. These corpos said: “Oh, if we don’t merge, we can’t compete against Walmart and Amazon, and we’ll have to close stores.” Like, no? What business goes, “hey, so we can’t compete with adjacent-market companies, time to close up the places that generate our revenue!”
Or the recent Congressional vote to spend THREE BILLION OF OUR DOLLARS paying telecom companies to remove Chinese hardware from their networks. Something they were told to do years ago. The same carriers that will continue to raise our service rates every few months are making us (via Congress) pay them OUR money to do what they should have done themselves years ago.
None of these morons get it, they just keep corrupting their way to profits off of our backs, while digging out the ground we stand on from underneath us.
The public reaction is what scares them. They are entirely disconnected from the consequences their actions impose on the public and can’t imagine why their “customers” would be cheering the death of their peer. They don’t think Brian Thompson did anything wrong, maximizing shareholder value is a noble goal after all, so from their perspective the public just seems bloodthirsty.
Much like how DC politicians live in a bubble where they think everyone in the US has grocery options and plentiful healthcare (due to how business around DC structures these things so those “leaders” just assume all of the US is like DC), the C suite lives in a tone-deaf rich-person bubble with zero comprehension about what it is like to actually live in the shitty world they orchestrate and manipulate.
Reading some guff about the Kroger-Albertsons attempted merger was case in point. These corpos said: “Oh, if we don’t merge, we can’t compete against Walmart and Amazon, and we’ll have to close stores.” Like, no? What business goes, “hey, so we can’t compete with adjacent-market companies, time to close up the places that generate our revenue!”
Or the recent Congressional vote to spend THREE BILLION OF OUR DOLLARS paying telecom companies to remove Chinese hardware from their networks. Something they were told to do years ago. The same carriers that will continue to raise our service rates every few months are making us (via Congress) pay them OUR money to do what they should have done themselves years ago.
None of these morons get it, they just keep corrupting their way to profits off of our backs, while digging out the ground we stand on from underneath us.
Reminds me of finding out the taco bell executive used the phrase ‘thinking outside the bun’ in the I actual work correspondences.
To function in a big huge corporate c-suite level you must drink the cool-aid.
Are we not?
I am.