The (non-founder) C-suite seems to think that people hate them for laying off other staff. People hate them because the C-suite doesn't have to face the consequences of their incompetence. It's the regular staff that does. CEOs instead get golden parachutes for running companies into the ground.
🎯
Yeah. I worked for a SaaS company that had two rounds of layoffs because they hired C-suite executives who were better at talking than building software or running product teams.
One was let go in the layoffs -- but given a book of clients to start a competing business. The other is still there holding pointless meetings that keep people from getting work done.
Incompetent management
The (non-founder) C-suite seems to think that people hate them for laying off other staff. People hate them because the C-suite doesn't have to face the consequences of their incompetence. It's the regular staff that does. CEOs instead get golden parachutes for running companies into the ground.
🎯
Yeah. I worked for a SaaS company that had two rounds of layoffs because they hired C-suite executives who were better at talking than building software or running product teams.
One was let go in the layoffs -- but given a book of clients to start a competing business. The other is still there holding pointless meetings that keep people from getting work done.