A US tech company says its chief executive has quit after he was apparently caught on a big screen at a Coldplay concert embracing a female co-worker, in a clip that went viral.
The clip showed a man and a woman hugging on a jumbo screen at the arena in Foxborough, Massachusetts, before they abruptly ducked and hid from the camera.
The pair were identified in US media as Mr Byron, a married chief executive of Astronomer, and Kristin Cabot, the firm’s chief people officer.
Really? How would this have impacted you as an employee? And how do you know the other companies are different?
CEO having an affair with head of HR… The flag for rampant violation of company policy from above, nepotism, mix of private and professional life… really cant get more red unless the head of HR is also his daughter.
A ceo that’s fucking his employees is probally fucking his employees.
It also makes working for the company a punch line on your resume.
“Ohh, you worked for Astronomy? Wasn’t that the company where the CEO got cuaght fucking around at a Coldplay concert?”
The above may be a good or bad ice breaker at future interviews, but its still something you may have to deal with.
There’s an expression “fish rots from the head down”, meaning when the leadership of an organization is bad, the whole thing starts to stink. In this case, the CEO was having an affair with the head of HR, and was so unsubtle about it that he was caught like this at a public event. So, either the rest of the execs are completely unaware of what’s happening around them, which isn’t good. Or, they’re aware and did nothing about it, which is also bad.
Sure, this may be happening at plenty of other companies, but those CEOs have at least managed to avoid getting caught. Why work for the one company you know is troubled like this?
They were there with a group of coworkers, apparently this was some sort of open secret amongst some of the staff.
So what? Let whoever fuck whoever you dont have to participate and just say no.
Dont ruin your own family bu cheatimg on them however
Duh, people can fuck whoever they want. As usual, there may be consequences.
What I dont want is to work for a liar that’s breaking contracts and fucking people over. Once you find out that’s happening, you need to realize that it’s probally not isolated behaviour.
If they are willing to do this to their wife, someone who can actually impact their life, they will probably not think twice about fucking you over, someone who cant impact them at all.
Let me put it more succinctly: if the king is willing to behead his wife, hes not going to be concerned about your head staying attached either.
to be honest I buried the lede. I withdrew largely due to the long interview process. I had ghosted or left them on read for a week but the viral news reminded me.
Thinking how it would impact me directly? Probably not much. But this is a small company. If leadership is this sloppy at covering up extra marital affairs. How bad is it on the inside?
Shitty leadership in my experience often correlates with awful company culture.
Stock goes down, they lay people off to make it go up. And they will be without a CEO for a while. The fill in person probably will be at a disadvantage in deal negotiations because the topic of conversation will be the affair, not whatever product they are offering. That will also hurt the companies future prospects and stock price.
Why?
This. Is. Not. How. It. Works.
Substantial costs savings.
This is one of the wildest assumptions I have seen for a while.
How?
Stocks often go up in the short term after layoff because of the substantial cost savings. Companies usually tie them to a change in direction to some new market that shows promise. In reality, they are getting rid of higher paid people that they will replace with lower paid people. So that will increase profits which tends to lift the stock price. If they are laying off due to poor business prospects for the future, that would lower the stock price. So it all in how they spin it, and in how the market for thier product is doing.
As for the rest, you don’t seem to know what a CEO of a small company does. This is a sub 500 person company. The CEO does a ton of networking to help get customers. And bigger companies will expect to be talking to the CEO, not a subordinate. So respect and clout are critical. Big company CEOs operate differently.