Seems to me like she was the "I say hello to you by first name in the morning but lay you off anyway" kind of CEO
Worked with a bunch of such people. Always nice in the front.
Worked with a bunch of such people. Always nice in the front.
The alternatives include treating people poorly and laying them off, or treating them well and not performing the tough part of your job as CEO. Neither is better.
She successfully added a very aggressive change in control clause with a double trigger, so anyone let go will have accelerated vesting of all their stock.
For many of my friends there, they would be let go with essentially a 6 figure layoff package (in addition to 2 months of severence).
You say this like she single-handedly took down a healthy company. It's possible she went in with the best intentions, and worked her hardest to rescue a sinking ship.
I'd happily settle for this. I've met many's the type that were just rude, and layed you off anyway. I'll take a bit of manners with my daily beating any day!