alt Hacker News> So in your world, the people running the business should fire themselves first?
If they are needed to continue leading, they should consider cutting their own salary until the problems are fixed. Let them take their entire compensation in just their equity for a time.
However we all know this won’t be the norm, and that’s OK. Not great, just OK.
Replies
hinkley • 04/03/2025
I do know of one guy who took a pay cut because unless he hamstrung his own team badly he was looking at needing to lay off about 2.3 people and so he cut his own salary to make it 2 instead of 3.
That's one story surrounded by a hell of a lot of shitheel stories.
dboreham • 04/03/2025
Jim Barksdale enters the room.
Been there and done that. One startup I was at instituted a 50% pay cut for senior execs, 25% for the level below that and no cut below that. The CEO took a 100% pay cut.
This let us get through a short rough patch without layoffs.