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by apohn
1601 days ago
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I had guessed something like this was going on, but reading this just really makes me wonder what's really going on in the minds of a private equity folks. The C-suite and senior leadership were the ones who drove the company to the point that they ended up in the hands of private equity, but they were incentivized to stay. I get that they exiting leadership knows the company and it's hard to find new people. But it just seems so crazy to me. We had teams that had 50%+ percent of people gone between layoffs and attrition. It was comical to see how much stuff fell between the newly formed cracks. I still can't comprehend how much they must have been incentivized to stay when the earth was crumbling around them. |
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