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I don't buy this. I have no issues with Zenefits and I am actually happy they were able to see phenomenal growth. However I must say this whole situation of th
by rokhayakebe 11y ago
I don't buy this.
I have no issues with Zenefits and I am actually happy they were able to see phenomenal growth. However I must say this whole situation of the CEO stepping down feels staged to me.
It is as if everyone was in on it and this move was calculated by all of them a long time ago. Like when we ready and my stocks are safe and sound blame it on me.
- draw_down 11y agoOh, you have no issues with Zenefits so the whole thing must be staged! Of course! As if it's so hard to believe a CEO would engage in unethical behavior. Sheesh.
- rokhayakebe 11y agoI have no issue with them because I did not fully read a single article to form an opinion on whether or not they are guilty. However what I am sure of is there is absolutely no way this 4.5 Billion company was acting illegally and only one person , the CEO, knew about this for YEARS and is responsible for it end to end.
- deleted 11y ago[deleted]
- minimaxir 11y agoMel Brooks already showed us that doesn't work in The Producers. An exit scam with potential jailtime is not a wise idea.
- meritt 11y agoStepping down? He was fired by the board. He did a damn good job growing the business but didn't bother with the necessary compliance, legal, and bureaucratic steps. The company needs a new type of leader to take them to IPO otherwise we'll have another disaster like we did with Groupon and Andrew Mason.
- jsprogrammer 11y agoThe article claims the AH meeting occurred on the 1st, while the HR/PR announcent was a week later. Of course it was staged: you have a corporate guard change. What don't you "buy" about this story?
- pbreit 11y agoIt did seem odd that Sacks would take a #2 role at the time and it was hard not to think that Conrad's days were numbered with that hire.