This CEO fired 90% of his staff for missing a morning meeting. He stands by the choice

Published On Nov 25, 2024, 3:53 PM

Baldvin Oddson, CEO of an online musical instrument store, fired 90% of his staff via Slack for missing a morning meeting. He justified the mass termination by stating that the employees failed to fulfill their responsibilities, and only 11 out of 110 were present. Oddson's decision has led to an increase in website traffic and sales for his business, even as the situation has generated controversy and condemnation from the public. Despite the backlash, he stands firm by his decision, claiming it has strengthened his organization.

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The abrupt firings may create volatility in the company's operations, but it could also attract attention for potential hires looking for a fast-paced company environment. The CEO's firm stance and increased sales suggest a positive outlook in the short term, even if the long-term impacts are uncertain due to the management style implications.

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