Yes but CEOs are fired because the boards are judging they are not up to the task or that they don’t share the same idea of how the company should be driven. S

Yes but CEOs are fired because the boards are judging they are not up to the task or that they don’t share the same idea of how the company should be driven. Somehow, getting fired is the standard way out for a CEO. They are financially prepared to it (emotionally prepared, I suppose it depends on a per person basis). It’s really not the same as firing thousands of people because you are badly managing the company. And it’s even worse when hiring then firing thousands of people is just part of your plan : executives are not stupid, they knew their last years growth was circumstantial and that it wouldn’t last.