• @zbyte64
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    62 months ago

    They are going to regret this?

    A company doesn’t remember, and the people who are actually responsible don’t have regrets cuz the other option was to hand over control to someone else (hopefully more qualified).

    • @sunbeam60@lemmy.one
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      12 months ago

      Myeah I know what you mean, but the people that get associated with a bad decision at the highest level will usually end up being told by the board before they’re let go. It’s all in private, but in my experience those discussions are reasonably frank.

      • @zbyte64
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        32 months ago

        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
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          12 months ago

          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
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            12 months ago

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