3 ms·
I agree, but the last time a major company tried to fire the C-Suite, the employees mutinied... More seriously regarding this decision in particular- I think t
by ensignavenger 3y ago
I agree, but the last time a major company tried to fire the C-Suite, the employees mutinied...
More seriously regarding this decision in particular- I think there is an interesting and not straight forward question about whether companies should hire and fire freely, allowing for high employment at times as well as layoffs and low employment at other times (as well as risk taking), or should they be more careful and therefore have less employment when money is flowing freely and fewer layoffs when money is tight? The answer seems to be somewhere on a continuum, but different folks find a different point optimal. It seems there are successful societies built on policies promoting different answers as well.
I can't default to faulting an individual for simply making a different decision than I might have preferred they make. I don't even know how much the Spotify CFO was involved in making these decisions in this case, maybe a lot, maybe a little, maybe they were against it but were over-ruled.