re: #97 GeneJockey

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Second, CEOs are evaluated on the profitability and stock price of their companies, so naturally anything they can do to increase profit is in their interest. Increasing automation, offshoring, outsourcing are all ways to cut the cost of what is for most companies their biggest expense. Their compensation literally depends on reducing their employees compensation.

You’re being kinder to the CEOs than I am. My default assumption for any particular publicly held BigCorp is that executive compensation is carefully calibrated to be a level of legalized embezzlement that is almost but not quite enough to cause a shareholder lawsuit at the outrage.

Meanwhile, the CEO as king and god and almighty job creator propaganda gets pushed year after year to move the needle on the lawsuit threshold.

CEO performance is completely irrelevant.