Don Mattrick Reportedly Tried to Buy Zynga While at MSFT

[Guest]

Mattrick was negotiating a buyout of Zynga back in 2010...

Don Mattrick Reportedly Tried to Buy Zynga While at MSFT : Read more

 

[velosteraptor]

I find it infuriating that they have to have "mass layoffs and close many of its offices" but yet give $50m to someone who will only make it worse. If the company isnt doing good, the top execs should be feeling it as well. They are usually the ones at fault anyway.

 

[back_by_demand]

Presumption to say he will make it worse, Head of Xbox at Microsoft and a successful one at that sounds like exactly the type of person to turn things around

 

[C 64]

Maybe his jumping ship could be interpreted as getting Zynga ready for M$ takeover (like khmm Nokia khmm)?

 

[Vorador2]

I find it infuriating that they have to have "mass layoffs and close many of its offices" but yet give $50m to someone who will only make it worse. If the company isnt doing good, the top execs should be feeling it as well. They are usually the ones at fault anyway.

It is a golden oportunity for a CEO. Get paid an obscene amount for "fixing the company" while closing divisions and firing people and generally having no fucking idea how to get the company to recover, then secure another position on other company, get the current company to go under in a way that pleases the shareholders the most while screwing the workers in the process, and finally paying themselves an obscene severance package while jumping ship on a golden cushion.

Welcome to capitalism. It's fucking great as long as you're part of the 1%

 

[jhansonxi]

It is a golden oportunity for a CEO. Get paid an obscene amount for "fixing the company" while closing divisions and firing people and generally having no fucking idea how to get the company to recover, then secure another position on other company, get the current company to go under in a way that pleases the shareholders the most while screwing the workers in the process, and finally paying themselves an obscene severance package while jumping ship on a golden cushion.

It's the shareholder's fault but it's a known problem.

 

[Vorador2]

It is a golden oportunity for a CEO. Get paid an obscene amount for "fixing the company" while closing divisions and firing people and generally having no fucking idea how to get the company to recover, then secure another position on other company, get the current company to go under in a way that pleases the shareholders the most while screwing the workers in the process, and finally paying themselves an obscene severance package while jumping ship on a golden cushion.

It's the shareholder's fault but it's a known problem.

Interesting read. Michael Dell is in the middle of that, currently wrestling control of his own company from the shareholders. Last time i heard it wasn't going so good, with shareholders arguing that the current offer wasn't good enough.

 

[doomtomb]

I find it infuriating that they have to have "mass layoffs and close many of its offices" but yet give $50m to someone who will only make it worse. If the company isnt doing good, the top execs should be feeling it as well. They are usually the ones at fault anyway.

If the leadership of the company gets cut or laid off as you would have it, the whole ship would sink.