3 ms·
My old company hired a CFO at ~800 employees, and the cost-cutting measures looked great on paper, but we lost a ton of excellent talent from them. The CFO even
by m00x 4y ago
My old company hired a CFO at ~800 employees, and the cost-cutting measures looked great on paper, but we lost a ton of excellent talent from them. The CFO eventually left, thinking she had done the company a huge favour and made a blog post about how well she did and how she did it, but we were objectively in a much worse spot.
- MacsHeadroom 4y agoI wouldn't know where to start with an 800 employee company. For a dozen person tech start-up, it isn't too hard to figure out how a dozen recent college grads are being financially irresponsible without getting in the way. Mismanaging cash flow, paying for things they can get for free as a start-up, failing to file for tax credits and other literally free money from the government for start-ups, buying things they could have rented, overpaying for certain things, etc.