Bobby Kotick is a billionaire, and as such his mere existence isn’t ethical. He’s also a massive prick, which doesn’t help.
He is so undeservedly rich, even Activision Blizzard’s own shareholders are starting to think he might be making a little too much. CtW Investment Group is urging fellow stakeholders not to allow Kotick to make even more money due to the fact that his performance does not reflect his ability to take endless cash prizes.
Activision believes it’s justified in giving Kotick multiple ways to increase his personal stockpile of wealth, which sits at billions of dollars. Meanwhile, ActiBlizz workers who earn millions of dollars less than Bobby remain in a state of perpetual job insecurity.
Lovely.
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Remember people, Bobby hates it when people post pictures of him with devil horns.
When a shareholder even thinks he’s making too much money, then we know he’s even too greedy for the greedy
As a reminder Activision Blizzard tried the “we stand with the protesters” thing here in America while hammering the shit out of anyone even mentioning the Chinese protesters!
For a company that loves making money, Activision Blizzard sure loves doing everything it can to prevent itself from making even more money by firing Bobby Kotick.
We truly live in a blight of overpaid wormmen in this era.
Jim, I thought you were supposed to photoshop devil horns on his head in every image you display of him. What’s going on here mate?
i love how nothing is done when big business tries their ass off to not pay their taxes but when i ow the IRS more than 100 dollars they dont stop calling and bothering me…
Human Capital Management sounds like a marketing term for slavery.
I wouldn’t leave my children alone in a room with that creepy guy.
You forgot to Photoshop the devil horns onto him editor. It’s almost traditional to do that, whenever his stabbable face comes up.
Everytime this happens, I miss Satoru Iwata a little bit more.
“He could have turned down that 30 million dollars and effectively would have remained just as rich. That’s what kind of drop in the ocean 30 million dollars is to a man with billions of dollars. And he jettisoned 8% of his staff. And he tool that 30 million dollars he didn’t need.”
It seems that bewildered rage is the sanest thing in the world right now. If you are not enraged, you are beyond repair. Thank you for being sane, Jim.
When you point out how perverse all of this is, people will argue that CEOs deserve millions upon millions per year because they have a lot of “responsibility” and take a lot of “risks”.
They have no responsibility and they take no risks — both of those imply accountability, that you’ll suffer consequences for screwing up. No, what they have is simply _power._ All the consequences fall on other people. The worst thing that can happen to one of these guys, if he is spectactularly, criminally stupid and negligent, is that he’ll get richer slightly slower.
When you’re such a greedy slug that even a shareholder has to question it, that’s pretty bad.
The term Human Capital Management makes me want to rage vomit. Terms like Human Resources were a ghoulish enough dehumanization of workers, creating a mindset that viewed living, breathing people as fuel intended to be consumed and discarded. People who unironically refer to other people as Human Capital are the kind of psychopaths that in a just society would be isolated in order to keep them from harming themselves or others, because they show such a massive deficiency in empathy that they can barely qualify as sentient.