In today’s CEO Daily: How CEOs are protecting their pay packages by lowering their goals
The big leadership story: Whether Meta’s reported 20% layoffs will encourage a new wave of job cuts
The markets: A big Asia rebound
Plus: All the news and watercooler chat from Fortune.
Good morning. Call it the Hall of Blame. One time-honored tradition in business is to take credit for what goes well, blame disappointing results on factors beyond your control and lower the bar in tough times to be able to clear it so that your pay package remains intact.
