None of this surprises me to be honest.
I really feel for all the hardworking and talent folks who’ve been throw to the wayside by all the horrendous decisions made by the previous leadership.
The former B&N was run by Finance MBA’s who only cared about bottom line numbers, and making those who out their heart and soul in the company expendable.
Adding to that was the complete ineptitude of the Technology leadership, and the inability to put in to action any sort of strategic initiatives that added any value. Rather, they were to busy throwing away on the Palo Alto campus, which delivered nothing but more failures.
I feel for you all, but don’t blame who runs this sinking ship now. Blame those who consistently shot holes in ship with their poor decision making while BN was still public.