How about the CEO saying "I'll be resigning from the company"?
What do you think people mean when they say they should take responsibility? Screaming "I declare responsibility!"?
What do you think people mean when they say they should take responsibility? Screaming "I declare responsibility!"?
It's an unwinnable game in the court of public opinion, so why do it? Because it signals to the underlings that the CEO is not expecting resignations from them.
Nothing prevents the CEO from resigning and gifting the golden parachute back to the company. You know, if they want to "take responsibility."
Maybe it's reasonable to expect a CEO to resign when layoffs happen during a market upswing but... during a market downturn like this it's kind of inevitable to see layoffs in a services-based company when services are the some of the easiest things for consumers to scale back on when belt-tightening occurs. A change in leadership would only further hurt the people staying in the company, IMO.