If they are not performing their job, they will be fired.
Unless by “low performers” you mean the supposedly weakest pawn in some “feelings-based” CEO’s desperate attempt to increase profits. And when that overpaid asshole realizes that he doesn’t actually have any ideas or other ways of impressing the board (which conveniently also consist of overpaid CEOs that think that desperately squeezing employees is the only way forward), shuffling around employees whose jobs he doesn’t understand in the slightest, becomes the way to seem actionable.
It’s far easier to get rid of an employee not doing their job, than it is to get rid of a delusional billionaire CEO or boardmember.
The real question is how do we get rid of these abysmal, low performing CEOs/boardmembers who hide behind idiotic ideas that fuck around with their employees lives or depend on exploiting people from poorer countries, to cover up their own ineptitude?
(And no, “shareholders” are just an effigy, conjured to represent private equity and geriatric pension funds, represented by a handful of investment bankers. It’s by definition a dysfunctional market, because the number of actors are tiny, and contained within the same industry. I mean, Adam Smith literally warned us about this…)
Unless by “low performers” you mean the supposedly weakest pawn in some “feelings-based” CEO’s desperate attempt to increase profits. And when that overpaid asshole realizes that he doesn’t actually have any ideas or other ways of impressing the board (which conveniently also consist of overpaid CEOs that think that desperately squeezing employees is the only way forward), shuffling around employees whose jobs he doesn’t understand in the slightest, becomes the way to seem actionable.
It’s far easier to get rid of an employee not doing their job, than it is to get rid of a delusional billionaire CEO or boardmember.
The real question is how do we get rid of these abysmal, low performing CEOs/boardmembers who hide behind idiotic ideas that fuck around with their employees lives or depend on exploiting people from poorer countries, to cover up their own ineptitude?
(And no, “shareholders” are just an effigy, conjured to represent private equity and geriatric pension funds, represented by a handful of investment bankers. It’s by definition a dysfunctional market, because the number of actors are tiny, and contained within the same industry. I mean, Adam Smith literally warned us about this…)