Apple CEO Tim Cook to Take a 40% Pay Cut This Year
Mr. Cook’s total compensation target for 2023 will be $49 million. The iPhone maker said in a filing that Mr. Cook recommended the reduction. Taking one for the team! TC: now only 1/245 of Tim's reduced TC
I make 200M, I take a 40% pay cut. Means nothing. Jokes on you wankers
Your daddy satya will be asking for a pay bump while laying off entire departments.
That’s more money that the company can use to not lay off people
Hope he is ok
So bold. What’s next, is he gonna start using last years iPhone?
He’ll probably close his RH account first
That’s fine. I’ll just turn off the buy button for Apple 😇
Looks like Apple’s performance is so bad that stockholders requested this action
My CEO is gonna increase his pay 💰
This is true. I actually helped work on this. Nice to see that people appreciate it. Tim wanted to even go lower!
What did you do
They helped timmy to go into depression after missing their deliverables straight second year in a row.
Good example as leader, while others only say “take responsibility” then layoff ppl
Who?
It’s all about marginal utility. The Musk man took a $200B “pay cut” and doesn’t need to go “hardcore” unlike his employees.
🎻
Lead by example. Saved probably 120 SWE’s from layoff
Might be a pr stunt. We've never done layoffs so it could happen but unlikely. The extra $20-30m is nothing for him. Guy is worth $1b+