Poll of the Day > Activision CEO will take PAY CUT of 154 MILLION to 62,500 as an APOLOGY!!!

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Full Throttle
10/29/21 12:14:37 AM
#1:


If you were him, would you take the pay cut to minimum wage to apologize and fix the company's image?



Longtime CEO Bobby Kotick of video game maker, Activision Blizzard is SLASHING his salary from 154 MILLION to just 62,500 after the sexual harassments claims that is putting the company into investigations from multiple state and federal agencies!!.

He is one of the highest CEO's in the country and now he will be at the lowest where 62,500 is the lowest minimum wage by California law.

The pay cut includes bonuses and equity for an unspecified duration as an apology to the people in the lawsuit for how he handled the bro culture

His annual salary was about 1.5 million with the other 152.5 million coming from bonuses and other incentives placing him 6th highest paid CEO in 2021.

His announcement was part of a letter shared by employees and made public that announced a zero tolerance policy after the bro-culture of the company was found to have sexually harassed women.

The company develops games such as Call of Duty, World of Warcraft, Candy Crush and Guitar Hero among others played by 100 million worldwide

The 10,000 employee company has faced a slew of government action into its workplace culture and numerous claims of harassment

If you were him, would you have done the same?

https://i.imgur.com/mnacFAq.jpg
https://i.imgur.com/fg5Rzu3.jpg
https://i.imgur.com/tgOwf0N.jpg
https://i.imgur.com/xZlK1yo.jpg
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Adam_Savage
10/29/21 12:30:19 AM
#2:


lol ok
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BUMPED2002
10/29/21 8:07:37 AM
#3:


But he probably has millions in stock so in reality he didn't take a pay cut and the thing that puzzles me about people in this country is how they accept CEOs making 20, 30, 40M annually all while paying people on the lower end of the pay scale barely $35,000 per year.

I remember when CEOs would take an annual pay of 1 dollar per year because the money made on investments was taxed much much much lower so they made their money from the company's stock they held which usually ran into the millions. So lets say a CEO owns 2M shares of his company's stock and that stock is at say $300 per share, you don't need to be a math wizard to figure out that the CEO is doing well.

Bezos was unloading 1 billion shares of Amazon stock annually to finance his space program.

That's what those idiots should have stormed the Capitol for and other crap like that.

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SpankageBros
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adjl
10/29/21 8:29:27 AM
#4:


Kotick has a net worth of like $7 billion and will presumably keep getting bonuses that don't count as his actual salary. Any pay cuts he takes are purely a symbolic gesture that will have no more impact on his life than an idle game player accidentally missing out on a night's worth of offline progress due to a bug.

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pionear
10/29/21 1:56:47 PM
#5:


Donate it to ME....since as a Minority Game Dev I might have been Discriminated in looking for a Gig...
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