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Gutting defeated/ousted manager’s projects is an obligatory and unavoidable ritual in corporate environment. Competent or convenient employees are pulled into other teams, pesky/unconvenient ICs are fired since everything can be pinned on the loser. Projects are often dismantled - even profitable ones to remove any possible foothold for a comeback. Shit, now I want to write a corpo book but styled like high school biology textbook.
The incoming CEO kills the preceding CEO’s cubs so the company will get back into estrus and they can have their own cubs.
Exactly!