Ubisoft isn't making money. That's something wrong as far as the board is concerned.
this post was submitted on 26 Sep 2024
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Absolutely not. When the board is looking into it, it's because they are not returning shareholder value and they are pissed about it. This will likely end with the C-suite being butchered.
Ah yes, I hate being butchered that way, too. It sucks hard to be paid to leave before you get paid extra to start your next job elsewhere.
And don't get me wrong, if the C-suites actually ever had to take actual responsibility for their fuck-ups, I'd be all for those board investigations. But they don't. They get paid enough to not care about interims between jobs - just look at the CEO who said people can just spend a year on the beach or so if they've been laid off - plus they get paid extra both on the leaving and on the re-hiring.
If they had to pay all non-salary money back on fucking up, even retroactively, no matter how many Porsches they'd have to liquidate to get the money from X years of fucking up the company back, sure. Do it. But that's just sadly not the case. For a C-suite, this just means changing what name is written under your name, and moving on to the next place you can grift.