Bumble's new CEO is already leaving the company months after killing its signature feature
Bumble's new CEO is already leaving the company months after killing its signature feature

Bumble's new CEO is already leaving the company months after killing its signature feature

sometimes you bring on a ceo just to get some controversial thing done. they can eat the blame and then leave
I'm embarrassed it took me so long to realize this. Somebody explained that to me recently, within the context of a conversation about layoffs. That CEO had no prior CEO experience, was only there for less than a year, and was part of the board of directors. In hindsight it seems so obvious.
The ol' Ellen Pao
They called it an Axe Man, in my time. I've been at two companies hit with them, and I follow them AND the CEO who stepped down (once a reverted permanent one and the other a long-term leave) to see which companies are fucked next.
More specifically here it's called a glass cliff
So like a corporate sin eater?
You bring in a female CEO to take the fall. The narrative gets to be about her weak leadership.
Ellen Pao wasn’t even CEO for a full year. Reddit clearly put her in charge to take the heat - which they knew would be ample based on her sex alone.
So replacing a woman with a woman, and then bringing back the original woman is what made you think the fall person had to be a woman? Reddit may have done so.. but I find it hard to believe this was sex/gender related. Otherwise it would have made more sense to replace the woman with a man, have him take the fall and go back to Whitney so it made her / the company look better long term.
Exactly this, they are usually young too and they know their only job is to fire ppl and/or do decisions that will make most if not all unhappy. I have only seen it once my self but a lot of friends went through that at their company.
the sad part is the act they put on coming in. many at the company will think this is a real hire that will bring about good cultural change
It's what boeing does everytime a plane goes down.
That must be quite a list of ceo's
Not a word, my dude.
Don't worry though, they'll fail towards.