I can’t give more approval for this woman, she handled everything so well.
The backstory is that Cloudflare overhired and wanted to reduce headcount, rightsize, whatever terrible HR wording you choose. Instead of admitting that this was a layoff, which would grant her things like severance and unemployment - they tried to tell her that her performance was lacking.
And for most of us (myself included) we would angrily accept it and trash the company online. Not her, she goes directly against them. It of course doesn’t go anywhere because HR is a bunch of robots with no emotions that just parrot what papa company tells them to, but she still says what all of us wish we did.
(Warning, if you’ve ever been laid off this is a bit enraging and can bring up some feelings)
Because it improves short term profits, so the stock goes up, so both shareholders and execs are happy with their big payouts. The rest is just collateral, they don’t care.
Last I checked the average tenure of a CEO was less than 2 years.
As long as the problems only properly start getting felt a couple of years later, all such “save a bit now, pay a lot later” strategies are ideal for CEOs as they optimize their bonuses.
As for other people, well, these types are usually far into the sociopath side of the spectrum so they don’t feel the pain of others, don’t worry about the harm for others, and have no shame whatsoever.
I know.