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Would that really be desirable for the 80% who remain? More than likely, any career CEO who would be brought in to replace him would likely continue staffing c
by cj 4y ago
Would that really be desirable for the 80% who remain?
More than likely, any career CEO who would be brought in to replace him would likely continue staffing cuts, not reverse them.
- etchalon 4y agoGenerally speaking, if the current pilot has ran your plane into a mountain twice, you probably want a new pilot.
- cj 4y ago(Genuinely curious) how did he fly Coinbase into a mountain? (Other than the layoffs which are happening across the board at nearly all big tech)
- bushbaba 4y agoThat way over hired. The company missed the nft wave. And their expenses went out of control. A good ceo would have recognized during the first round of layoffs a deeper cut was necessary to bring the company to profitability.
- somenewaccount1 4y agoHe could forgoe 75% of his compensation though, and I doubt he will, because not actually accountable.
- saalweachter 4y agoHell, he could drop down to the 2x employee salary ratio from the 1960s.