The current ceo is cut from the same cloth of generic Wall Street b-school flunkies. What do you expect? Their pay is often determined based on the performance

The current ceo is cut from the same cloth of generic Wall Street b-school flunkies. What do you expect? Their pay is often determined based on the performance of the stonk. An easy way to pump their $$$ and meet whatever OKRs are required to satisfy bonuses, is to layoff staff. Use vague excuses (ie, blaming remote work) for poor performance. Rinse and repeat as needed every quarter until they can sustainably compete or until they are 86’d.