this post was submitted on 26 Jun 2025
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[–] shani66@ani.social 18 points 2 days ago (1 children)

Nothing. Even the most boot licking sycophants point out most of a CEO's day is just pointless meetings that don't need to happen. Occasionally a crisis comes up and a CEO will have to do something, or the odd CEO will give themselves actual duties, but that's not a day to day thing.

[–] rayquetzalcoatl@lemmy.world 4 points 2 days ago* (last edited 2 days ago) (1 children)

As much as I want to agree with you, and for as much cynicism and general dislike I have towards manager-types... I find it hard to believe these freaks do nothing all day.

I just find it difficult to see that shareholders and investors would allow for these massive salaries for roles that do nothing.

And to be clear -- I want to agree. I feel like you're right. I definitely assume CEOs do nothing. But I just don't think that can really be the case!

Which is why I asked, I suppose; I want to know whether I'm right in assuming that these guys are, in fact, as useless as they seem.

[–] lath@lemmy.world 6 points 2 days ago (1 children)

They're not useless. They're just there as a representative for shareholders and their job is to wring out the greatest value out of the company.

That means picking out the best moments to invest, hire more assets, fire the disposables etc.

They're the gamblers using other people's money to make more money.

[–] rayquetzalcoatl@lemmy.world 2 points 1 day ago (2 children)

Sounds very esoteric as far as jobs go -- I don't have the brain for that 😂

[–] lath@lemmy.world 1 points 21 hours ago

Not many do, which is probably why they keep shuffling around the ones already in place.

[–] Rekorse@sh.itjust.works 1 points 21 hours ago

In my opinion, people aren't meant to group together this large. If we didnt, we wouldnt need advanced management positions like CEOs.