this post was submitted on 20 Jun 2023
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If I were you, I would be worried.
Not so much about getting laid off because you're not part of the new CTO's "in group". I would be worried because your company is investing a lot of money and time and executive attention into an IT project that has a very high chance of failing.
Hiring a new CTO from a startup is perfectly reasonable. Having that CTO bring along a lot of experienced developers can potentially be a good thing, especially if you are having trouble hiring people with the right skill set. But if that group is going off on their own and trying to do major innovation without taking significant steps to work with the existing company staff to understand the problems that they have faced and the current environment they are saddled with, then that group is very likely to fail.