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GW’s CEO raises own pay to 2 mio GBP


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On 9/24/2024 at 7:09 AM, JackStreicher said:

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These news get way too little attention.

GW‘s workers are underpaid, the product‘s price is inflated and ofc the CEO & CFO decide to raise their absurd pay to 150% of its former level. A job any AI language model can perform better.

The shareholders (21%) voted against it, but it doesn’t force his hand, he just „considers“ the vote.

It‘s a disgusting practice while the people actually producing the value of GW’s goods (artists, factory workers, game designers) are the ones benefiting the least.

So next time you are wondering or discussing why there’s another price increase: They somehow have to meet the needs of their CEO and CFO which burn money at the top like a wood furnace.


 

 

Sadly this is the way of the world. The top lvls of the buisness world do jobs that indeed an lagnuage model could run. And they are in a position to extract massive amounts of money. And if they fail the get even more money. Nothing is going to change this it's just a economic niche that exists and gets used. 

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