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VitaLonga t1_iy8uee6 wrote

Sounds like the glass elevator - hire a woman when a business is struggling and then boot her months later.

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lightsongtheold t1_iy8ymhd wrote

They have been burning through leaders over the pandemic. They will likely keep that up in the coming years as AMC Networks are in an awful position. Incapable of competing in streaming and most of their revenue is made via cable (which is in the process of terminal decline). It is a bad job when stockholders are unhappy every quarter no matter what you do!

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mickdeb t1_iy9bqcx wrote

I domt see why it is related to the person's sex ?

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VitaLonga t1_iy9cvv5 wrote

It’s just an interesting pattern to observe.

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ArkyBeagle t1_iyaj9kx wrote

No, that industry is starting to have dumpster-fire characteristics.

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turkeygiant t1_iy9lmv5 wrote

I have always thought the whole glass elevator phenomena is kinda weirdly anti-sexist in a way and I'm not sure how you resolve it. I don't think boards of struggling companies are looking to screw over a female exec when they hire her, I think what they are doing is scrambling to try and change up the dynamic of the company's leadership in a positive way, but more often than not a company that is struggling is already on an inevitable path to failure. I think the bigger question/issue is why aren't these big companies ever looking to make these positive/diverse hirings even during the good times?

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