All the old-timers seem to be stuck in a modem-era mindset. What else can we expect? No fresh thinking, no new ideas, and no appetite for innovation. It’s always a catch-up game, following what other companies are doing and staying 3–4 years behind the competition.
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Its because C suite does not do what's best for company. You have a CEO who's more interested in flying in Corporate jet and rubbing elbows wuth politicians. CFO who has ruined Finance with his India brain approach. They dont care about what's best for company..thats why BOard of Directors have to step in. But if they are also dirty..we are all sc--wed. How many leaders will be impacted in this layoff...they always protect themselves and impact people who do the work and their salaries do not make an impact.