this post was submitted on 18 Oct 2024
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[–] zbyte64@awful.systems 3 points 1 month ago (1 children)

The board doesn't "let go" of people willing to do a hatchet job, they hire them into their other companies to do the same. "Failing upwards" is a term that comes to mind.

[–] sunbeam60@lemmy.one 1 points 1 month ago (1 children)

Is that an opinion or backed by facts? I’ve never seen someone fired from a C-level role only to be hired into an investor’s other investment.

[–] zbyte64@awful.systems 1 points 1 month ago

The point is they don't get fired for laying off staff.