Copycats. Monkey see, monkey do. Whatever Binance, OKX or Huobi do, Bybit copy. Never walk the innovation talk they always brag about. Constant re-org making working levels confused. Unqualified people put into leadership positions eg. previous hr vp push into coo position but has no clue how to operate the business, and always makes teams in marketing copies the competitors, and the now imc lead is a clueless person from branding background who sell her soul to please the coo, never have a strong point of view when dealing with other department stakeholder and always yes to them, and force own team to do bad works and lost all respects from teams that stay behind after retrenchment round 2. No control of money and anyhow spends it, sponsoring red bull and not getting much back from them. Always builds process but no one want to follow. Everything is last minute, even planning for fixed date occasions like planning campaign for country national day can be last minute. To make one decision take so long, must involve many people who are not experts and lead to make bad decisions. Retrenchment in beginning December done very badly and ends up a lot of people raised their hands to be retrenched because leaving is better than staying in the company. All those stay behind are now taking on more workloads but there is no longer delivery time. Got people said there are rumours that the next retrenchment will happen in first 3 months of 2023.
