this post was submitted on 18 Oct 2024
573 points (97.8% liked)
Technology
59658 readers
2632 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
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.
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.
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.
The point is they don't get fired for laying off staff.