Surely that means he also took a hefty pay cut to keep on as many people as possible. Wouldn’t that be what accepting accountability looks like?
We had layoffs last year, and two of the managers opted to quit their jobs rather than fire an additional staff member.
Sadly their replacements are not as nice.
Accountability: : the quality or state of being accountable
especially : an obligation or willingness to accept responsibility or to account for one’s actions
He’s literally saying “this is my fault.” That doesn’t mean he’s willing to suffer the consequences personally. Not defending his decisions, just pointing out that people seem to be misunderstanding what “accountable” means.
CEO Drew Houston will remain in his job.
So not full accountability.
“full accountability” means moving those 500 workers’ salaries into his paycheck.
That’s not what accountability means
CEOs have a weird propensity toward being bad which is above average, or maybe have higher risk of it by being in so much power
“As CEO, I take full responsibility for this decision and the circumstances that led to it, and I’m truly sorry to those impacted by this change,” he wrote. “This market is moving fast and investors are pouring hundreds of millions of dollars into this space. This both validates the opportunity we’ve been pursuing and underscores the need for even more urgency, even more aggressive investment, and decisive action.”
Lol
Leaders often claim that they are taking accountability when they screw up—and they should, as CEOs like Houston are the ones who mismanaged the company to the point of requiring layoffs in the first place. But rarely does “taking accountability” actually amount to much of anything. The most notable recent example is perhaps that Microsoft CEO Satya Nadella asked the company’s board to reduce his pay in light of the major Crowdstrike hack. But in that case, his overall compensation still increased for the year by $30 million. Just, a little less up.
