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7/31/2024 11:55:18 PM
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Pete Parsons massive spending
https://www.tiktok.com/t/ZTNXfpFMV/
People can do what they want with their money, but when you've mismanaged a company and led it so astray that people have lost their livelihoods becausebof your bad decisions. You need to be held accountable and take a hit either by stepping down or take a paycut yourself.
https://www.cnbc.com/2024/02/13/nintendo-ceo-once-halved-salary-to-prevent-layoffs-why-thats-uncommon.html
English
#destiny2
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He's a millionaire he can retire this week and live a comfortable life. He won't pay at all plus most likely is Sony sack him or ask him to leave they'll have to pay him assuming he has a leaving clause in the contract
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He’s just a sigma like that
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It's a really tricky matter; he is fully justified to do whatever he wants with his money. But, I agree that it is bad business decisions that have caused this problem and ultimately the price has been paid elsewhere. The 'bad' business decision is pretty ambiguous as well to be honest... you could argue the direction was ambitious, and had it paid off then bungie would have been in a great spot. But, that's not the case.
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21 RepliesI don't understand what his personal spending has to do with whats happening to Bungo. If you wanna hate they guy, go right ahead, I kinda agree. Mismanagement is pretty obvious, but his money is just that [b]HIS MONEY[/b]. You can't tell people how to spend their own cash, not unless you wanna live in some communistic totalitarian regime.
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While i agree the guy is terrible you have no clue how a Buisness works. Dozens of people have to say YES to the hiring new people and new projects. Thats why the executives (most) were let go. And supposedly and it isn’t confirmed Pete was replaced
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Edited by Axolotl_Roadkill: 8/1/2024 2:29:31 PMIt's his money plus he got tons of it when he sold his shares to Sony. Btw: pay of C-Suite people is usually tied to the financial results of the business. Given the current situation he isn't seeing much. I negotiate like a dozen of those each year.
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10 RepliesMany employees spoke out about him according to them including manage team leader Alexandra she said he had pocketed money Sony gave them to use for the franchise he was cutting their pay but 60-70% of what they get he was pocketing it which is stealing from Sony and employees payroll a lot of theft😬
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2 RepliesAlmost every company that's in any way comparable has had this happen this year. A lot of them seemed to hire people for jobs that are nice to have in a company but that can also get very expensive if the money slows down. Most of the complaints people seem to have seem to be about the game and the fallout from Lightfall and Lightfall like things and it doesn't appear as though the leadership of the company really made those decisions. Also, its kind of weird to be in someone's purchasing business like this but plenty of people drive one car that cost as much as all of those put together. He got all that for the price one average CEO car.
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It's legal. Being a scumbag that is
