I recently was laid off while working on one of the initiatives the director had going. They hired a CEO who brought all his initiatives and mine happened to fall outside of the new initiatives. They let myself, another developer, and the director go all at the same time.
That’s very typical, the new ceo will usually try to put their stamp on a company by firing a bunch of the close allies of the previous ceo, cancelling a bunch of their favorite projects, and generally just marking their territory. Same as kings used to do on ascending the throne, it’s all about personal brand.
