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I don't think companies ever use "health" as cover to fire someone, even that is a step to far. Usually they say "personal reasons" or "to spend time with famil
by mgfist 2y ago
I don't think companies ever use "health" as cover to fire someone, even that is a step to far. Usually they say "personal reasons" or "to spend time with family", or "mutually beneficial" etc.. "Health" is usually something quite serious.
- tuananh 2y ago> On today’s earnings call, I am announcing that I am transitioning from my role as GitLab’s CEO and will serve as the Executive Chair of the Board. I want more time to focus on my cancer treatment and health. My treatments are going well, my cancer has not metastasized, and I'm working towards making a full recovery. Stepping down from a role that I love is not easy, but I believe that it is the right decision for GitLab. Indeed, he has cancer.
- jedberg 2y agoUsually when a the founding CEO of a public company steps into a strategic non-operations position, it's basically their way of saying "I'm taking the money and retiring" without tanking the stock by just leaving. By taking a strategic role, investors are less worried because they know the CEO is still around. But in this case it looks like it is legitimately a health reason. I hope he heals quickly.