A bank told employees they were being laid off by auto-email — before any private conversation

A bank told employees they were being laid off by auto-email — before any private conversation.

The CEO called it “indefensible.” Then he did what mattered: reached out directly, held clarification meetings, offered support, and tightened controls so it couldn’t happen again.

At Eagle Talon, we pay close attention to moments like this. A leader’s true character shows when things go wrong. The job isn’t just to fix the mistake — it’s to rebuild trust when the pressure is highest. That’s what defines leadership.

🔗 Read the full article: ANZ CEO Matos Apologizes to Staff For Job Losses Email Gaffe

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The relationship between a new CEO and the board chair often determines whether a transition succeeds or stalls