They called it an Axe Man, in my time. I’ve been at two companies hit with them, and I follow them AND the CEO who stepped down (once a reverted permanent one and the other a long-term leave) to see which companies are fucked next.
I’m embarrassed it took me so long to realize this. Somebody explained that to me recently, within the context of a conversation about layoffs. That CEO had no prior CEO experience, was only there for less than a year, and was part of the board of directors. In hindsight it seems so obvious.
sometimes you bring on a ceo just to get some controversial thing done. they can eat the blame and then leave
They called it an Axe Man, in my time. I’ve been at two companies hit with them, and I follow them AND the CEO who stepped down (once a reverted permanent one and the other a long-term leave) to see which companies are fucked next.
It’s what boeing does everytime a plane goes down.
That must be quite a list of ceo’s
Not a word, my dude.
Sure it is
I’m embarrassed it took me so long to realize this. Somebody explained that to me recently, within the context of a conversation about layoffs. That CEO had no prior CEO experience, was only there for less than a year, and was part of the board of directors. In hindsight it seems so obvious.
So like a corporate sin eater?
Don’t worry though, they’ll fail towards.