Spotify CFO cashes in £7.2M in shares after value surges on news of job cuts

Post by [deleted] » Thu, Dec 07, 2023, 3:34 PM UTC

stets wrote: post #3

I mean -- do you want him to sell when the price is low?

Post by chpatrick » Thu, Dec 07, 2023, 3:36 PM UTC

Post by klysm » Thu, Dec 07, 2023, 3:37 PM UTC

rogerkirkness wrote: post #2

Why do so many tech executives seem to make the actual worst decisions possible when it comes to symbolic leadership?

Post by lantry » Thu, Dec 07, 2023, 3:37 PM UTC

dboreham wrote: post #12

galleywest200 wrote: post #10

Earlier quoted context omitted.

Maybe the CFO can take one for the team, just once. Maybe cut their own pay to keep a few employees around instead of laying them off. Just a little selflessness, as a treat.

That's not the nature of a CFO.

Post by Ekaros » Thu, Dec 07, 2023, 3:38 PM UTC

blibble wrote: post #8

rogerkirkness wrote: post #2

Why do so many tech executives seem to make the actual worst decisions possible when it comes to symbolic leadership?

not smart enough to realise that the transactions are public and it may end up in the press completely destroying their reputation in the process