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In general I agree with you, yes, market conditions change, and CEOs need to make sometimes tough choices in response. However, the specific context here is th
by azakai 4y ago
In general I agree with you, yes, market conditions change, and CEOs need to make sometimes tough choices in response.
However, the specific context here is this quote from the CEO:
> we were not as rigorous as we should have been in managing our team growth. That’s on me.
If the CEO admits they made a mistake that led to the current layoffs then I think it would be admirable to take personal responsibility and accept some personal consequences as a result.