I still cannot fathom any board allowing the CEO at the helm of a public that ma... | Hacker News

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maxehmookau on Dec 4, 2023 | parent | context | favorite | on: Spotify will reduce total headcount by approximate...

I still cannot fathom any board allowing the CEO at the helm of a public that made cuts of 17% to remain in place.

That's a huge pivot in organisational structure by any measure and shows clearly poor judgement.

bsnnkv on Dec 4, 2023 [–]

17%? Hah, I just got hit by layoffs at my last employer that targeted 25% of the workforce. Guess what happened to the CEO...

That's right. Nothing.

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