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Comment by MyHonestOpinon

9 hours ago

Oh, I think I know who is this. The CEO is fantastic (he is very technology oriented) but he is super convinced this is the right way. It has all kinds of perverse consequences. The constant loss of experience shows everywhere. Cliques are formed as means of protection. People focus on being seen, rather than in doing a great job, etc.

It's Capital One, idk why I was so vague in that comment. The CEO has a cult of personality and came out of management consulting and tries to manage software engineering hiring/firing processes like it's McKinsey. It's a very bottom heavy engineering organization, and a lot of teams are staffed by contractors and a rotating cast of junior devs every year or two.

There are good reasons the Founder-CEO has stayed in power as long as he has, he has an amazing business sense and is why Capital One made it through 2008 unscathed, but he tries to manage every org like it's management consulting.