• Adalast@lemmy.world
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    1 year ago

    I remember a story about a CEO who decided to pay ALL of his employees well. As I remember, all of his middle management left in a huff because they no longer had their higher earnings to hold over their subordinates and feel superior, all of his friends ostracized him and he essentially became a pariah.

    Yeah, Dan Price, just went to look it up. Apparently, he had to resign after some allegations against him, which turned out to be false. Something smells off about a man paying employees fairly suddenly getting trumped-up charges that never got properly investigated before being referred to the prosecutor’s office literally the day after he announces the pay stuff.

    https://fortune.com/2023/04/19/gravity-payments-dan-price-assault-charges-are-dropped/

    • ArbiterXero@lemmy.world
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      1 year ago

      He resigned because someone that has part ownership in the company sued him.

      The lawsuit was basically “you’re not acting in a way that is best for the shareholders”

      Or in other words “you’re paying the employees more and me less, so I’m mad at you for treating them well”