The previous CEO cared nothing about anything except stakeholders, not even the app itself, or users or employees, only how to share good reports with nice numbers. Then the new CEO fired most of the company in 1 day to replace everyone with his buddies. And they did it in a particularly weird way: made a 2-minute call saying "many will be laid off, we'll let you know, bye" and then everyone in the company waited for 3 hours to know whether they were on the list or not. Pretty much like Squid Game, can't think of a more obvious way to say "we don't care about you all".