> This is basically just saying that CEOs are allowed to lie because they're also lying to themselves at the same time, but honestly I think that goes back to t

> This is basically just saying that CEOs are allowed to lie because they're also lying to themselves at the same time, but honestly I think that goes back to the incompetence thing. To be fair, there are times when they layoffs are imminent but the CEO keeps optimism up and sometimes the customer/funding does show up and the money doesn't run out. You typically don't hear about these ones (or only years later).