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The old joke is:

Letter 1: Blame previous management.

Letter 2: Announce a reorg/layoffs.

Letter 3: Tell your successor to write three letters...



Top brass doesn't get fired anymore, no need for the 3rd letter these days.


In this case, the top brass owns more than 50% of voting rights, so no one can fire them.


But since he's also a shareholder, it's in his own interest to self fire himself.


Greg Becker would like a word




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