This kind of behaviour makes me wish golden parachutes for executives weren't the norm throughout the world. If you can't make money for the company, quit or be fired.
Isn't it amazing how "at will" seems to apply to both employees and management, but somehow management's version of "at will" is considerably lower risk than the employees, even though the manager has considerably more influence over their future.
I don't really know the answer, but are golden parachutes really the norm for many executives? We hear about certain extremely-well-connected CEOs of very big companies, but that's hardly a representative sample of executives.
Isn't it amazing how "at will" seems to apply to both employees and management, but somehow management's version of "at will" is considerably lower risk than the employees, even though the manager has considerably more influence over their future.