this post was submitted on 18 Aug 2023
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[–] [email protected] 18 points 1 year ago (1 children)

Going from personal experience working in companies with techbros in charge you cannot fix the culture without removing all management and starting again from scratch.

The fact this happened for so long with LTT I doubt it can be turned around.

It doesn't matter if LS is no longer CEO. The culture he allowed to develop and did nothing to change lands the blame squarely at his feet. As long as he remains there it does not matter what his title is. The company will stay the same.

[–] [email protected] 8 points 1 year ago* (last edited 1 year ago)

It doesn't matter. Ownership hasn't changed.. CEOs are still beholden with the board and he has a controlling share. Nobody is dumb enough to pay actual money for a debt laden company that trades on the old owners name.