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A comment on Twitter to lay off 25% of workforce in first round of job cuts. Parent comment

Re:Twitter to lay off 25% of workforce in first round of job... by freejazz on Monday October 31, 2022 @04:18PM (#33412344)
The board decided to sell, not the C-level suite because they do not have that power.
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Re:Twitter to lay off 25% of workforce in first round of job... by iav on Monday October 31, 2022 @04:52PM (#33412896)
The C suite has an incredible amount of influence to block a deal with a non-strategic acquirer like Elon. The threat of all executives resigning en masse can knee cap a business.
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Re:Twitter to lay off 25% of workforce in first round of job... by freejazz on Monday October 31, 2022 @04:54PM (#33412954)
That's true, but it wasn't the question.
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Re:Twitter to lay off 25% of workforce in first round of job... by smcl on Monday October 31, 2022 @05:37PM (#33413588)
What was the question? I don’t see any
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Re:Twitter to lay off 25% of workforce in first round of job... by rst on Monday October 31, 2022 @05:00PM (#33413057)
Parag Agrawal, as CEO, was also a member of the board. (This is pretty common practice, among both private and public companies.)
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