this post was submitted on 12 Jan 2024
457 points (97.5% liked)
Linux
48216 readers
723 users here now
From Wikipedia, the free encyclopedia
Linux is a family of open source Unix-like operating systems based on the Linux kernel, an operating system kernel first released on September 17, 1991 by Linus Torvalds. Linux is typically packaged in a Linux distribution (or distro for short).
Distributions include the Linux kernel and supporting system software and libraries, many of which are provided by the GNU Project. Many Linux distributions use the word "Linux" in their name, but the Free Software Foundation uses the name GNU/Linux to emphasize the importance of GNU software, causing some controversy.
Rules
- Posts must be relevant to operating systems running the Linux kernel. GNU/Linux or otherwise.
- No misinformation
- No NSFW content
- No hate speech, bigotry, etc
Related Communities
Community icon by Alpár-Etele Méder, licensed under CC BY 3.0
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The parachutes don't work if you stay on the plane.
What?
I think they were referring to golden parachutes.
What²?
It's a reference to monetary compensation often given to high level executives in large companies for when they leave for some reasons. Usually if the leaving is on a short short time frame as opposed to finding a new position they leave for voluntarily, although I don't know that much about how they actually work.
Like the other reply said, it’s a bunch of money that high level execs are contractually guaranteed when they leave their job.
“So maybe stop doing that,” you say? I think these deals are in place before the person even starts work. It’s a part of the compensation package they are offered. It’s a recruiting tool, just like the overly high salaries and stock awards.