[xpe]

Remember the CEO is also accountable to the board and investors who have certain expectations.

The morality here is hard because the end results are largely driven by the system. Sure, there are some leaders who are particularly ill-suited for their jobs from the employee POV. Unfortunately some of those leaders serve their investors quite well.

If you point one finger, you'll quickly realize you might need many more to follow the interconnected trail of power.

Also let's not forget that so much of Silicon Valley's advantageous job market is linked to investor behavior, good and bad. My point? Sure, criticize these feaux-emotional layoff letters, just don't forget to look back to see the reality distortion field already in place when you joined that job.

[Apocryphon]

So what we need here is mechanisms to hold the board accountable for their failures.