"effective immediately" means either... he doesn't have a contract with a notice period, or he does and is willing to forfeit any benefit from it like share options, etc.
One reason might be the share price has collapsed and he has no confidence in it coming back (pretty scandalous if he's the CEO!), or Meta has offered him inducements > what he's walking away from.
Good way to burn a lot of bridges. He's never going to be hired as CEO by anybody for the rest of his career.
I just don’t understand the drive of these people to keep seeking further power and wealth when they already are richer than most people could ever imagine. Just go enjoy your life.
I don’t think these people can sit around and enjoy nature. Nobody rewards you for enjoying nature. All their life they have learned to climb the social ladder and have become good at it, they keep getting rewarded and praised for it, so that’s what they do and keep doing.
I think they’re missing some internal loop. Only external rewards satisfy them and they maximise for that. Stopping is not an option, because then the rewards stop coming and they have no idea how to exist when that happens.
Reminds me the Bill Gates and the fisherman joke/story (which is based on an older/similar story): <a href="https://sampatpatnaik.blogspot.com/2008/10/bill-gates-fisherman.html" rel="nofollow">https://sampatpatnaik.blogspot.com/2008/10/bill-gates-fisher...
everfrustrated · · focus · HN ↗
One reason might be the share price has collapsed and he has no confidence in it coming back (pretty scandalous if he's the CEO!), or Meta has offered him inducements > what he's walking away from.
Good way to burn a lot of bridges. He's never going to be hired as CEO by anybody for the rest of his career.
mcmcmc · · focus · HN ↗
idiotsecant · · focus · HN ↗
emerongi · · focus · HN ↗
I think they’re missing some internal loop. Only external rewards satisfy them and they maximise for that. Stopping is not an option, because then the rewards stop coming and they have no idea how to exist when that happens.
katookatoo · · focus · HN ↗
amenghra · · focus · HN ↗