Investment splashed, headcount slashed, CEO completely detached. - werkgeversreview Anonieme werknemer bij Bolt Insight

Burning through a recent £7M investment by over-hiring and over-promising. The CEO is completely clueless and operating on a different planet—he loves to talk the talk on LinkedIn about leadership and growth, but in reality, his incompetence is ruining what could be a genuinely good business. He specifically favored his network of ex-Unilever colleagues, handing them over-inflated job titles and no doubt matching massive corporate salaries. The growth strategy was reckless, the math didn't add up, and now they are aggressively slashing headcount to cover his tracks. Total lack of stability.