Sounds like they needed his experience. Really he's a master of layoffs.
Layoffs to get rid of knowledgeable employees, crank down on benefits, get rid of more and more employees so they can hire again at lower salaries and then get more people.
Of course given office culture; people will silo and team up to then have other employees/valuable people removed from the office. Overall it makes sense but the general company is trying to get profitable.
This will need
- to remove company parties/events
- restrict lavish flights and training
- remove extra benefits/perks
- change up health coverage or other benefits
- remove costly employees (long term established or vital) or more who then can be removed as they can get cheaper replacements instead at a lower salary
- drive salaries down/benefits/bonuses down as well.
Overall as a business/stock profitability move, it makes sense. It's all about cutting costs and more. And at the end of the day it's what they have to do to then become "just another company" like all the others. And to do that, it means to get rid of costly employees, benefits, options, health coverage options and more. This further means more workloads as they work to sell more to try to get more hires as well.
And to further do this they'll work to then have layoffs of course but in the typical profession. This just means to ramp up work, performance metrics, micromanaging so everyone looks bad at all times. As a result the company will have the cycling layoffs at the end of the month out of nowhere.
The company is highly reliant currently on large profit margins. The downside is that this means they're problematic and have issues competing. In a crowded market that has many competitors though and others cemented in by long standing vendors; it now becomes a numbers crunching for less profits or more which hurts the large profit margins as they have tons of competition.
And leveraging debt; and repeatedly lowering the stock value by being unprofitable (yes even the months that it's claimed were profitable were done so through debt/stock loss); the company has to change to get to a profitable margin.
Like it or hate it; what will happen is culture changes and layoffs to the point this won't be the same company. Succeed or fail; Paul Mountford will be paid very well to do this and even if staying or leaving will be rewarded millions and millions more in bonuses while they hurt those who do the work with the actual customers.