• plz1@lemmy.world
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    7 months ago

    I feel like the CEO should be required to resign if they let a company get to the point where multiple rounds of layoffs are required. They need to own the failure of their decisions.

    • III@lemmy.world
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      7 months ago

      Sadly, at the board level, layoffs aren’t seen as a failure. They are preferred.

      • Honytawk@lemmy.zip
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        6 months ago

        Then the news should report it as if the company is doing bad. That will make the shareholders freak out.

        “Company X financially looking bad, tries to compensate by laying off essential workers.”

        "Another round of layoffs at Company X, are they on a brink of bankruptcy?