Exactly this, they are usually young too and they know their only job is to fire ppl and/or do decisions that will make most if not all unhappy. I have only seen it once my self but a lot of friends went through that at their company.
They called it an Axe Man, in my time. I’ve been at two companies hit with them, and I follow them AND the CEO who stepped down (once a reverted permanent one and the other a long-term leave) to see which companies are fucked next.
I’m embarrassed it took me so long to realize this. Somebody explained that to me recently, within the context of a conversation about layoffs. That CEO had no prior CEO experience, was only there for less than a year, and was part of the board of directors. In hindsight it seems so obvious.
sometimes you bring on a ceo just to get some controversial thing done. they can eat the blame and then leave
Exactly this, they are usually young too and they know their only job is to fire ppl and/or do decisions that will make most if not all unhappy. I have only seen it once my self but a lot of friends went through that at their company.
They called it an Axe Man, in my time. I’ve been at two companies hit with them, and I follow them AND the CEO who stepped down (once a reverted permanent one and the other a long-term leave) to see which companies are fucked next.
I’m embarrassed it took me so long to realize this. Somebody explained that to me recently, within the context of a conversation about layoffs. That CEO had no prior CEO experience, was only there for less than a year, and was part of the board of directors. In hindsight it seems so obvious.
It’s what boeing does everytime a plane goes down.
That must be quite a list of ceo’s
Not a word, my dude.
Sureitis
So like a corporate sin eater?
Don’t worry though, they’ll fail towards.