Tis the season of layoffs

Mikedezo44 said:
techcrunch.com

Clearco co-founder Michele Romanow steps down, cuts 30% of staff | TechCrunch

Clearco CEO Michele Romanow is stepping down, assuming an executive chairman role. The fintech is also cutting 30% of staff.
techcrunch.com techcrunch.com

Dragons den woman feeling the pain as well. Both founders of the company have now been CEO and have stepped down. Not a good look for 2 billion dollar company.
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I like how she’s ‘the growth CEO’ and now her job is done, so someone else can take the bull by the horns and actually make a profit.

So she can spend money like a drunken sailor, grow it, and let someone else actually make a profit.

I’m too dull to understand the CEO world.
 
mimico_polak said:
I like how she’s ‘the growth CEO’ and now her job is done, so someone else can take the bull by the horns and actually make a profit.

So she can spend money like a drunken sailor, grow it, and let someone else actually make a profit.

I’m too dull to understand the CEO world.
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She is a sailor, and she rocks the sailor uniform.

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Evoex said:
Reminds me of a meeting with a previous employer. All department heads, GMs and a few inventory people. GM yelling at everyone in the room “you don’t make us money, you cost us money. If your job title doesn’t say Work Centre Operator I want to see cost savings ideas every quarter or find a new job”.
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Yikkies that's a bit toxic, with a simplistic view of productivity and under estimating employee value. Hope they included themselves in the not making money category.
 
sburns said:
Yikkies that's a bit toxic, with a simplistic view of productivity and under estimating employee value. Hope they included themselves in the not making money category.
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He’s the boss, he pays you to come up with cost savings.

I recall one time I was in the GMs office trying to explain a situation with the software and I could tell him and my boss weren’t understanding what I was trying to say. So I said “here can I login on your PC and I’ll show you.” They both looked at me like I grew a 2nd head. GM doesn’t have the software installed, he would never have the time. That’s what he pays me for
 
Evoex said:
He’s the boss, he pays you to come up with cost savings.

I recall one time I was in the GMs office trying to explain a situation with the software and I could tell him and my boss weren’t understanding what I was trying to say. So I said “here can I login on your PC and I’ll show you.” They both looked at me like I grew a 2nd head. GM doesn’t have the software installed, he would never have the time. That’s what he pays me for
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You're not the only one. My senior manager also asked me how to look something up as he's never done it (over a year into the job), and I looked at him...'oh thank Christ you don't know...cause I don't either as it's not my typical requirement'.

We laughed...then blamed the consultant.
 
Evoex said:
Reminds me of a meeting with a previous employer. All department heads, GMs and a few inventory people. GM yelling at everyone in the room “you don’t make us money, you cost us money. If your job title doesn’t say Work Centre Operator I want to see cost savings ideas every quarter or find a new job”.
Click to expand...
A little gruff in the delivery, but that's a fundamental goal of every cost center manager -- if they needed reminding, they have become complacent.
Increased productivity is how cost centers contribute to the bottom line.
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