2 ms·
Does PG really think majority of employees would approve board decisions for layoffs? The large majority of employees being against a board decision is nothing
by vasco 3y ago
Does PG really think majority of employees would approve board decisions for layoffs? The large majority of employees being against a board decision is nothing new. Can come up with more examples like when companies are taken over and the new board sells the company for parts or sometimes when boards approve strange mergers instead of focussing on their existing product and so on.
Only difference is usually employees being against a board doesn't get used as political ammunition in VC power plays so it doesn't get mentioned in the press.