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Forums - Politics Discussion - Activision Blizzard CEO Nets HUGE Bonus After Mass Layoffs

Pemalite said:
Rab said:

I did not intended to offend you nor did I say you were wrong, looks like your trying to be offended, this for me is disappointing, I thought better of you :/

I'm done here, too many don't give a damn, and thanks for the few that did 

I'm not offended, it takes allot for me to get offended over something so insignificant, it's small world stuff.

Rather... I am appalled you would use discrimination and slavery in such a lob-sided comparison to reinforce your position... And thus called you out on it. - If you find that disappointing... Then so be it. - I can personally sleep easy knowing I stood up for what I inherently believed in.

It's not a case of "not giving a damn" either, it's a case of: "shit happens".
We are people, we learn, grow and improve from life's experiences, loosing a job tends to be one of those experiences that everyone generally goes through at some point in time, use what you learned from that job and apply that to your next job to open up new opportunities rather than throw a pity party.

Companies hire and fire all the time, it's the cycle of the job market. (Note: Market.)
You need to plan and anticipate those scenarios if your contract isn't air-tight.

This sounds all very defeatist, just accepting this unfair situation as being normal

Unions and employment laws exist for a reason, back at the beginning of the industrial revolution workers including many children were paid and could leave (not slaves) but were terribly exploited by the owners and managers, we live in a better working world today because people had so called "pity parties" to bring up and fight against these issues that for many was just normal business at the time, but some outstanding/brave people said 'that is not good enough', now we have a new normal, and even though better, it's still not good enough, we are an evolving society   

I also stand up for what I believe in  



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Mr Puggsly said:
benji232 said:

A 200M$ bonus, no matter who you are, jesus, god, Putin, it should NEVER, EVER happen. Funny people here will defend it.

But what's the alternative? Limit how wealthy businesses and individuals can be? Giving that money to government directly so they can piss it away?

If Activision feels he's worth that extra $200 million (much of which is probably taken by taxes), I'm not really concerned. I don't think capping how wealthy people are allowed to be is going to improve quality of life. Shaming people for not siding with liberal perspectives isn't going to help either.

I don't know, maybe giving a better than barely living wage to the employees instead of pissing it all away to a single billionaire? 200M$ divided among 10 000 employees is an extra 20 grand each (as an example).

Now, obviously, the problem is a big one with no easy solution. And I will not pretend like I'm some Nobel winning prize economist who could find a solution to this issue, but you don't need to know the solution of a problem to know that there is a problem.

IT'S a plainly obvious problem if a CEO is allowed to make 200M$ from a bonus payment while his employees are all making peanuts. If you can't see the problem with that, then I don't know what to tell you. Obviously, I'm not saying everyone should be paid equally, but there is a fine line between being paid equally and being paid literal crumbs compared to the ceo. 

Point blank is NO one deserves 200M$ from a bonus. The fact that so many ceos DO get those grossly huge overpayments is proof that the current system is broken.



Predictions for LT console sales:

PS4: 120M

XB1: 70M

WiiU: 14M

3DS: 60M

Vita: 13M

benji232 said:
Mr Puggsly said:

But what's the alternative? Limit how wealthy businesses and individuals can be? Giving that money to government directly so they can piss it away?

If Activision feels he's worth that extra $200 million (much of which is probably taken by taxes), I'm not really concerned. I don't think capping how wealthy people are allowed to be is going to improve quality of life. Shaming people for not siding with liberal perspectives isn't going to help either.

I don't know, maybe giving a better than barely living wage to the employees instead of pissing it all away to a single billionaire? 200M$ divided among 10 000 employees is an extra 20 grand each (as an example).

Now, obviously, the problem is a big one with no easy solution. And I will not pretend like I'm some Nobel winning prize economist who could find a solution to this issue, but you don't need to know the solution of a problem to know that there is a problem.

IT'S a plainly obvious problem if a CEO is allowed to make 200M$ from a bonus payment while his employees are all making peanuts. If you can't see the problem with that, then I don't know what to tell you. Obviously, I'm not saying everyone should be paid equally, but there is a fine line between being paid equally and being paid literal crumbs compared to the ceo. 

Point blank is NO one deserves 200M$ from a bonus. The fact that so many ceos DO get those grossly huge overpayments is proof that the current system is broken.

You haven't really said anything.

Now it may not feel right to you, but that doesn't mean the system is broken. I think we often see more problems when politicians push to make things fair. That's why people leave certain cities and states in masses.



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Rab said:
Pemalite said:

I'm not offended, it takes allot for me to get offended over something so insignificant, it's small world stuff.

Rather... I am appalled you would use discrimination and slavery in such a lob-sided comparison to reinforce your position... And thus called you out on it. - If you find that disappointing... Then so be it. - I can personally sleep easy knowing I stood up for what I inherently believed in.

It's not a case of "not giving a damn" either, it's a case of: "shit happens".
We are people, we learn, grow and improve from life's experiences, loosing a job tends to be one of those experiences that everyone generally goes through at some point in time, use what you learned from that job and apply that to your next job to open up new opportunities rather than throw a pity party.

Companies hire and fire all the time, it's the cycle of the job market. (Note: Market.)
You need to plan and anticipate those scenarios if your contract isn't air-tight.

This sounds all very defeatist, just accepting this unfair situation as being normal

Unions and employment laws exist for a reason, back at the beginning of the industrial revolution workers including many children were paid and could leave (not slaves) but were terribly exploited by the owners and managers, we live in a better working world today because people had so called "pity parties" to bring up and fight against these issues that for many was just normal business at the time, but some outstanding/brave people said 'that is not good enough', now we have a new normal, and even though better, it's still not good enough, we are an evolving society   

I also stand up for what I believe in  

It's not defeatist.
It's called turning it into an opportunity to use that work experience to open up new opportunities, it's turning it into a positive, not a negative.

You are being a dippy downer about it all, gotta' stop the pity party train and catch the next bus at some point in life, we all eventually do it.

benji232 said:

IT'S a plainly obvious problem if a CEO is allowed to make 200M$ from a bonus payment while his employees are all making peanuts. If you can't see the problem with that, then I don't know what to tell you. Obviously, I'm not saying everyone should be paid equally, but there is a fine line between being paid equally and being paid literal crumbs compared to the ceo. 

Point blank is NO one deserves 200M$ from a bonus. The fact that so many ceos DO get those grossly huge overpayments is proof that the current system is broken.

That's capitalism.
It is what the market (Job market is a market) is willing to pay for that particular skillset and experience.

If you wish to make $200 million from a bonus, you are free to work yourself up the ladder and offer a compelling equivalent resume in terms of qualifications and experience that would offer such an opportunity.
If you don't wish to do so, then don't hold others back due to your own lack of motivation or desire or force your ethics onto others.

Otherwise, why would anyone bother to strive to succeed in certain fields if we are all paid the same? It's an incentive. Money makes the world go round.



--::{PC Gaming Master Race}::--

Ka-pi96 said:
Rab said:

This sounds all very defeatist, just accepting this unfair situation as being normal

Unions and employment laws exist for a reason, back at the beginning of the industrial revolution workers including many children were paid and could leave (not slaves) but were terribly exploited by the owners and managers, we live in a better working world today because people had so called "pity parties" to bring up and fight against these issues that for many was just normal business at the time, but some outstanding/brave people said 'that is not good enough', now we have a new normal, and even though better, it's still not good enough, we are an evolving society   

I also stand up for what I believe in  

What exactly do you want though?

The CEO to not have gotten a bonus? You can argue about the morals of it, that's fine. But if you're saying it shouldn't even be legal then you're saying the government should tell people what they can and can't do with their own money. That's even more unfair IMO. If the company wants to give him that money then they should have every right to do so.

The people shouldn't have been fired? So you think companies should be forced to employ and pay people that they don't want or need? That too is much more unfair as far as I'm concerned. If I had a house with a garden and employed a gardener to tend to it but then moved to a new house with no garden why should I continue to pay the gardener? That would be ridiculous.

That's also an apt comparison since Activision Blizzard are saying the layoffs are due to a transition to more digital distribution and events rather than physical stuff and live events. If they're not doing those things anymore then why should they still pay people to stand around and do nothing?

Besides, a lot of the layoffs are in Europe, and like you said there are employment laws for a reason so they'll probably be getting a big final paycheque that will help tide them over while they find a new job, plus Europe has plenty of welfare systems in place too so even if they struggle to find a new job for awhile it still may not be an issue.

A fairer system, that's all I'm saying for now

https://www.news.com.au/finance/money/wealth/nationwide-protests-planned-as-backlash-over-exorbitant-ceo-salaries-grows/news-story/8002afd30c2ea8b6eb4e4e3b5ee9d71b 

We are not going to solve this in this forum, the 'how' should be left up to the experts

But the first step is admitting we have a societal problem, by letting the tax payer cover all the employer unemployment expenses for a failed business whilst the CEO walks away with incredibly large bonus for failing, just means it was the tax payer that ultimately subsidised those bonus's to those rich individuals, doesn't seem fair and equitable, so lets find a way to change it, I don't know how, be we should try and not just see it as normal and do nothing or say nothing     



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Pemalite said:
Rab said:

This sounds all very defeatist, just accepting this unfair situation as being normal

Unions and employment laws exist for a reason, back at the beginning of the industrial revolution workers including many children were paid and could leave (not slaves) but were terribly exploited by the owners and managers, we live in a better working world today because people had so called "pity parties" to bring up and fight against these issues that for many was just normal business at the time, but some outstanding/brave people said 'that is not good enough', now we have a new normal, and even though better, it's still not good enough, we are an evolving society   

I also stand up for what I believe in  

It's not defeatist.
It's called turning it into an opportunity to use that work experience to open up new opportunities, it's turning it into a positive, not a negative.

You are being a dippy downer about it all, gotta' stop the pity party train and catch the next bus at some point in life, we all eventually do it.

benji232 said:

IT'S a plainly obvious problem if a CEO is allowed to make 200M$ from a bonus payment while his employees are all making peanuts. If you can't see the problem with that, then I don't know what to tell you. Obviously, I'm not saying everyone should be paid equally, but there is a fine line between being paid equally and being paid literal crumbs compared to the ceo. 

Point blank is NO one deserves 200M$ from a bonus. The fact that so many ceos DO get those grossly huge overpayments is proof that the current system is broken.

That's capitalism.
It is what the market (Job market is a market) is willing to pay for that particular skillset and experience.

If you wish to make $200 million from a bonus, you are free to work yourself up the ladder and offer a compelling equivalent resume in terms of qualifications and experience that would offer such an opportunity.
If you don't wish to do so, then don't hold others back due to your own lack of motivation or desire or force your ethics onto others.

Otherwise, why would anyone bother to strive to succeed in certain fields if we are all paid the same? It's an incentive. Money makes the world go round.

Hope you realise you just spewed out some serious BS, CEO's in the past didn't earn hundreds of times the average workers wage, now they do, real wages for workers has remained almost stagnant in years, the disparity is getting larger, "free" to also get those same jobs and earn that money, really that's a joke, almost no one is "free" to be in that position of privilege :/

It's an issue

https://www.news.com.au/finance/money/wealth/nationwide-protests-planned-as-backlash-over-exorbitant-ceo-salaries-grows/news-story/8002afd30c2ea8b6eb4e4e3b5ee9d71b 

 



Rab said:
Pemalite said:

What part of "Hope they find new employment quickly" didn't you grasp?

It's certainly not wishing ill on the individuals. - And it is certainly not praising management for receiving a bonus whilst they cut off employees.

I did not intended to offend you nor did I say you were wrong, looks like your trying to be offended, this for me is disappointing, I thought better of you :/

I'm done here, too many don't give a damn, and thanks for the few that did 

LMAO, people deliberately misunderstand your point.

I think you made it clear in the context of what is being discussed here. But some just want to move the discussion somewhere else and ignore your point completely.

Yes, some companies see it as something normal. It's a disgusting gesture to the people who have been fired.



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Peh said:
Rab said:

I did not intended to offend you nor did I say you were wrong, looks like your trying to be offended, this for me is disappointing, I thought better of you :/

I'm done here, too many don't give a damn, and thanks for the few that did 

LMAO, people deliberately misunderstand your point.

I think you made it clear in the context of what is being discussed here. But some just want to move the discussion somewhere else and ignore your point completely.

Yes, some companies see it as something normal. It's a disgusting gesture to the people who have been fired.

Thank you Peh



Rab, I admire the patience that you showed in this thread. I can't believe how many times you have been misunderstood (either on purpose or not doesn't matter, both is bad). I can't believe how people just shrug off such a disgusting practice as normal capitalism. I studied business, I know capitalism, and I still think it's disgusting. We would still be making fires with rocks and sticks if there weren't progressive people in this world. Reading this thread makes me think that some would actually feel perfectly fine with rocks and sticks because "that's just the way it is, deal with it bruh."

I understand that companies are evolving and need to react to changing environments. But at the same time ActiBlizzard was a key player in making digital purchasing attractive in the first place (many big companies did, not just them but they played a part). So this is kind of a self-fulfilling prophecy. Also, if you withdraw your workforce, you obviously lose the experience and skills of these people. At least offering them a transfer to somewhere else should be possible. I don't know if they even thought about that . The point is, laying people off should always be the last resort for any company in an ideal world.

The company I work in closed down one entire production plant because of poor management decisions, yet the management still gets their nice bonusses and salary raises like it was nothing. I do not stand behind this decision and will never get tired of criticizing it whenever the topic arises.

Businesses need to react but at the same time so do societies. If the general consesus shifts towards a rather negatve attitude against CEO shenanigans, and to more employee-friendly approaches, then things might change for good.



Bobby's on a different level entirely, but we kind of knew that.

He's one of the bosses that have held firm throughout, and never left anyone in doubt as to whether he believes that he deserves his position.
I'm inclined to believe that he really does, too.
Despite the fact that I don't particularly like him, his business practices, or even the games that his company puts out.