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Exxon CEO wants EU sustainability law scrapped
Today’s focus is all about the power of oil lobbying as ExxonMobil is ramping up its fight against the EU’s corporate sustainability due diligence law, warning it will push businesses out of Europe.
https://www.reuters.com/sustainability/sustainable-switch-climate-focus-exxon-ceo-wants-eu-sustainability-law-scrapped-2025-09-20/
Makes me wonder why Michael wants involvement with this cringey and brain rot platform:
https://globalnews.ca/news/11439099/trump-tiktok-deal-rupert-murdock-michael-dell/
CEOs Are Less Likely to Be Scored Below Target
In addition to higher average annual incentive scores, individual CEO outcomes were much less likely to be scored below target and performance modifiers were less likely to decrease CEO outcomes.
As shown in the figure below, 31% of the aforementioned U.S. companies had below-target corporate scores vs. only 13% of individual CEO scores. Additionally, performance modifiers were four times more likely among S&P 500 companies to increase than decrease CEO annual incentive outcomes.
Meanwhile, 39% of S&P/TSX 60 corporate scorecards were below target, but only 26% of CEOs received below-target scores on their weighted component. No Canadian company used a modifier to decrease the annual bonus.
https://worldatwork.org/publications/workspan-daily/comparing-individual-ceo-performance-against-corporate-results
Layoffs have continues across 2025 along with DEI grandstanding on the part of Christa Quarles and more reorgs:
Since Christa started at Corel she has gaslighted everything and everyone. She was all about DEI except it's just talk. She is all about finding the right public opportunities with the aim of crafting a savvy persona. While she managed to cozy up for a photo-op with Martin Luther King III, it's pretty clear she has no interest in MKL's legacy. Brown American employees don't last and she only connects to brown people that have a c-level title. Try volunteering with an organization that is actually helping people with families like those you've laid off or go visit the National Civil Rights Museum rather than so-called volunteering at some Marketing (=more money). place.
Yes, more layoffs and consolidation to come. If you have performed your job and matured your practice, you will not last at Alludo. Your job will be given to someone else.
Keep your resume up-to-date.
From what I understand the Stinky never gets any respect when he goes to those technical events in the US. That’s why he avoids them. He’s pretty much laughed at. These TECHNICAL conferences view AT&T as the most government controlled bi--hes. He’s our CEO for gods sake.
September 18, 2025
A Sincere Letter to Our Valued Team,
I am writing to you today with a heavy heart and a clear mind. As many of you know, I've always been a champion of efficiency, of "right-sizing" our corporate structure, and of what I've often referred to as "Transforming to Win" or "Leading Performance". I've always seen these actions as necessary, as a way to trim the fat and make us lean, mean, and profitable.
But lately, something has changed. My quarterly "talent re-calibration" became a monthly habit, then a weekly compulsion, and, if I'm being honest, sometimes an afternoon delight. I started seeing patterns in the employee directory that only I could see—a department with 12 people was "bloated," one with six was "inefficient," and one with a single person was "a silo." The spreadsheet with names and metrics became a siren's call. The little "delete" button next to your names became a part of me.
I would tell myself it was for the good of the company, that the stock price depended on it, or that we were just "optimizing for future growth." But in the quiet moments, I knew the truth. I am addicted to layoffs. The rush of sending that email, the satisfying thud of the "send" button, the immediate emptiness in the office as cubicles go dark—it's a high I just can't quit.
My family and friends have tried to intervene. They've found me at all hours of the night in the office, muttering about synergy and streamlining, with a half-eaten bag of chips and a list of employees whose positions are "redundant." Last week, I tried to lay off the mailman. Yesterday, I almost fired my own son for "not meeting key performance indicators" on his homework.
It’s clear I need help.
This is why, effective immediately, I will be checking into a specialized rehab facility. It’s called "Re-org Anonymous," and I am hopeful their 12-step program, which includes admitting I have a problem and making amends, will help me recover. I'll be working on my compulsive behaviors, focusing on healthy communication, and, most importantly, learning to value people over profit margins.
My temporary replacement, a well-balanced and very stable consultant who has a proven track record of not laying off anyone for at least three years, will be in charge. Please give them your full support.
Wish me luck. I'll see you all on the other side. And please, for the love of all that is profitable, don't mention the word "headcount" in my presence.
Sincerely,
Your CEO (and recovering "Optimizer")
CEO got a 50% raise earlier this year. Meanwhile since he started his role as CEO, stock price is down by 50%. Make it make sense
When will we be rid of the worst leadership is company history? I know the board of directors have no brains at all for keeping this clown car of a ELT team we have. Whoever decided MW was the best choice for CEO should be absolutely embarrassed. He's absolutely the most hated CEO in Chevron history. Can't get worse than this. Fire Wirthless!
Sycamore Partners has replaced Walgreens CEO Tim Wentworth with Mike Motz, who was previously the CEO of office retail store Staples, another Sycamore company.
“Under that CEO’s watch, Staples shuttered a third of its stores,” he said. “It cut tens of thousands of jobs. We’re wary that if Sycamore applies that same playbook to Walgreens, if that CEO that’s coming over from Staples applies that same playbook to Walgreens, we’re going to have … thousands of stores closed, tens of thousands of layoffs, pharmacy deserts in neighborhoods that are already struggling with access to medication.”
How long untill the new CES guy becomes CEO. Another Accenture guy will be a big success just like Sal. Anyone else hearing anything?
That's all the new RTO policy is about. I've seen several articles in the past few months where CEOs openly admit they're using RTO as an attrition tool, to get people to quit and reduce workforce without paying severance. I'm just wondering, do they really care so little about the best people walking away, since that's what's most likely to happen?
Let the games begin!
Dave Calhoun will put Ford up on blocks for ever. Just like he did at Boeing.
Ford has issued another recall.
The Michigan carmaker recalled 1.9 million vehicles because rear-view cameras could display inverted, distorted, or blank images, according to a September 4 filing with the National Highway Traffic Safety Administration. The recall covers various models from 2015 through 2019, including the Lincoln MKC, Lincoln Navigator, Mustang, F-450, F-550, Expedition, and Edge.
The recall includes about 1.45 million vehicles in the United States, 122,000 in Canada, and around 300,000 in other markets, Reuters reported. In April, Ford recalled 160,000 vehicles from 2015 for rear-view camera failures.
Here is the full list of affected models:
F-450 SD - 2015-2019
Transit Connect - 2015-2018
Lincoln MKC - 2015-2019
F-550 SD - 2016-2019
Transit - 2016-2019
F-350 SD - 2015-2019
Econoline -2017-2019
Lincoln Navigator - 2015-2017
Expedition - 2015-2017
F-250 SD - 2015-2019
Mustang - 2015-2019
Edge - 2015-2018
Ranger - 2019
The measure comes after a recent wave of recalls . In August, Ford recalled nearly 500,000 vehicles for possible brake fluid leaks, more than 355,000 trucks for an instrument panel display issue, more than 213,000 vehicles for faulty tail lights, and 100,900 vehicles for risk of an airbag tear. In July, Ford recalled more than 850,000 cars in the U.S. because of a potential fuel pump failure, AP reported.
In November, Ford received a $165 million penalty after an NHTSA investigation found the company failed to recall vehicles with defective rearview cameras in a timely manner, Reuters reported.
Stankey stands to make a lot of money from this deal from his stock holdings. However, employees were forced to sell their stocks that they received via 401 match at a huge loss. How is this legal?
Girls night! Did ya get the email? Divvy's out! Pretty sudden, too. This on top of all the shuffling of other top brass. Lisa had the right idea. Vivian may have gone willingly, but was likely a witty casualty.
Can't say I blame them, I wish all the best. I'll be thrilled to be the next rat fleeing this sinking ship.
WHO's NEXT?!?
So if BP is a terrible CEO why did another Blues plan or any insurance company hire him as their CEO? Rumor is the board here even forced him out- So why was he hired for the same position or any position? Not taking up for him-just curious
He is a quiet quitter.
CEO WORD V0MITS ABOUT RTO (AT&T)
https://www.youtube.com/watch?v=Qq10jrnO2SM&t=6s
This guy's stuff has been posted before, but the comments are pretty funny. Keep signal-boosting this kind of bad press.
So rumor has it that Hans' meeting on the 25th with members of the BODs is to announce his stepping down. Anyone heard anything?
https://www.citybiz.co/article/741606/national-veterinary-associates-names-john-g-bruno-as-chief-executive-officer
Here's an IPO to stay away from!
I thought the Innovation without disruption strategy made a lot of sense and was confident it going to work, especially with the hybrid connect strategy (allowing legacy systems to connect into new cloud services/analytics seamlessly). When PD came on as CEO, that seemed to quickly change, and any legacy seemed to become a bad word to be thrown away like garbage. I investigated what PD did at previous CEO role at Aspect, and it seemed to be a complete distain for anything legacy there as well. Only now, I see that company (Alvaria) seems to recognize the mistake and trying to restore Aspect legacy as a business after it was decimated by PD. AM seemed like a pretty smart guy and the team under him as well. They all came up with this Innovation without disruption strategy (after actually talking to customers) and I thought it was going to work. I am disappointed that the company is being flushed down the toilet now by PD.
The layoffs have been real one sided and asymmetrical. Time to concentrate on the CEO and the ELT as they need to bear some responsibility and weight for performance.
When will Jeff Miller be sacked? And, possible alternative CEO that can turn Halliburton around?
The layoffs have been real one sided and asymmetrical. Time to concentrate on the CEO and the ELT as they need to bear some responsibility and weight for performance.
When will Murray Auchincloss be sacked? And, possible alternative CEO that can turn BP around?
Fire the CEO to control costs!
Chevron was once a great company that valued loyalty, years of service and experience. Your 20+ years of service was looked at as an asset that would be rewarded by a career in which you could choose when to retire with dignity. No longer the case. Under the 'profit right now' short-sighted leadership of Mike Wirth and a phony worthless HR dept, as soon as times got tough they shamelessly let go of their most tenured and loyal employees. Ageism 101. What's left is a batch of fearful, low-morale employees that fully realize how dispensible they are at any given moment. To prospective Chevron employees I say the current state of the company is not worth your time and effort. Look elsewhere where you'll be valued as an asset and not a disposable object at the company's whim.
Thanks, Mr. Wirth for destroying what was once a top workplace filled with content employees. Under your leadership the company is now a shell of its former glory.
It’s no secret inside or outside the company: Stankey is on thin ice. The board can only cover for him so long with stock price smoke and mirrors while the foundation crumbles.
Under his watch we’ve had massive outages leaving customers furious and regulators circling, along with embarrassing data breaches exposing millions of people’s personal info and destroying trust in the brand. On top of that, his tone-deaf RTO mandate tanked morale, drove talent out the door, and turned AT&T into a poster child for corporate arrogance. And how did he respond? Not with solutions, but with ultimatums in all-hands emails.
This isn’t leadership — it’s a slow-motion collapse. Employees know it. Customers know it. Shareholders are starting to realize it too. Stankey’s “commit or quit” email didn’t motivate anyone; it broadcast desperation. And with every outage, every breach, every resignation, it’s clearer that he’s not the guy to fix this mess.
Don’t be shocked if the board makes a move. At this point, the only real question is whether they’ll act in time to save what’s left of AT&T.
Jassy and Musk noticeably absent.
It’s quite obvious that the stank is being slowly pushed out of AT&T. If the company fired him, the the stock would tank.
At&t you put billions of dollars in a man that doesn’t understand basic supply and demand? Please see the reference the T-Mobile model. Stupid is, is what stupid does.
Whether it is Restructuring across 120 countries or Layoffs Bell across the globe?
Close to 7 thousands to 12.2K will get a return label to send their Laptop back to their HQ
US will be the most hit (Close to 4K) due to recent tarrifs and Immigration policies, whether you are on H1 or GC or any visa other than US citizen better to pack off
The restructuring wont affect ONLY one person that is none other than CEO
Detroit Free Press
Pump, dump, and peace out.
Any new CEO is going to try and impress everybody who matters (which is not employees, by the way) by making immediate moves to improve results. In this case, that will most likely mean layoffs. The chances are higher that a major round will happen as a result hen not.
AS of 3rd September Appointment of Stephen Tulenko as Chief Executive Officer. AJ to stay on in an advisory role for now...
Anyone agrees with this ?
We thought Wayne was the monster.
So spill the tea, who is the paramour?
https://www.nytimes.com/2025/09/01/business/nestle-laurent-freixe-inappropriate-relationship.html?smid=nytcore-ios-share&referringSource=articleShare
EH is somewhere out there crying up a storm at the fact that he has to cut you loose tomorrow. Reflect on the toll these layoffs have on your CEO.. Poor JD lost a whole pound of flesh last year.
That’s all….
J. Stankey
CEO Pay
$26,410,845
Median Employee Pay
$122,611
CEO Pay Ratio
215:1
CEO will make more on Jan 1st of the year in one day more than most employees in the entire year.
Any guesses/rumors/gossips?