Thousands of children and adults were automatically terminated from Medicaid and disability benefits programs by a computer system that was supposed to make applying for and receiving health coverage easier.
Honestly executives and board members who receive performance bonuses and golden parachutes should carry extra liability, such that these perks can be denied or even clawed back (and used to help the damages) when their decisions have these sort of outcomes. Nothing wrong with making more when things go well, but if you’re going to take a larger piece of the pie, then you need to be prepared to take a smaller piece when things go wrong (aka, cut executive pay before layoffs, etc.).
Honestly executives and board members who receive performance bonuses and golden parachutes should carry extra liability, such that these perks can be denied or even clawed back (and used to help the damages) when their decisions have these sort of outcomes. Nothing wrong with making more when things go well, but if you’re going to take a larger piece of the pie, then you need to be prepared to take a smaller piece when things go wrong (aka, cut executive pay before layoffs, etc.).