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QVC Group Faces Leadership Uncertainty Post-Bankruptcy

Following its emergence from Chapter 11, the home shopping company is grappling with significant leadership changes. Several executives are reportedly departing as part of an ongoing C-suite overhaul. These departures raise questions about the company's future strategic direction. The stability of its leadership team will be crucial for its post-reorganization success. Investors and stakeholders will be watching closely for clarity on these matters.

West Chester, Pennsylvania

https://www.bizjournals.com/philadelphia/news/2026/09/06/whats-ahead-after-qvc-group-exited-bankruptcy.html


Cronyism at PayPal

So Enrique bypasses his own CTO who is supposed to lead AI transformation in the company and hires another woman with the same profile to create a parallel AI transformation org . Both the CTO and this woman are not AI specialists and both are drawing millions in salary while thousands await layoff of their only source of livelihood. Same story repeated across departments where unqualified people parachuted from outside drawing huge salaries while tenured professionals on verge of loosing their jobs. Make that make sense to me please


My manager basically said I’m too valuable to the team to be given a promotion

He didn't use those exact words, of course, but that was the gist of it. How do you even respond to something like that other than quitting? (Which I now fully intend to do as soon as I can find something else - and I wasn't planning on leaving any time soon.)


We’re sc--wed

Kicked out of S&P is disgraceful.
Only plan is to layoff more workers and outsource.
Continuing to hire leaders.
Tech leaders are clueless. ITC is a do nothing disaster. New vendor contracts make no sense and robbing us.
No hot products.
Leaders pointing fingers at each others teams.
Hard to see a path out of this sh-t show….
Leadership is terrible at all levels and across all areas but nothing has changed for years now.
Nothing changes if nothing changes.
AB in tech, you su-k more than AC at this point.


Is there anyone at ExxonMobil that meets these nine signs of a great leader?

Source: C. Simpson
Globally Ranked Executive Coach

Some leaders are the same person on a good day and a bad one. A lot are just convincing until you catch them on an off day.

Most team members can name their leader's job title. Few can name what actually makes them worth working for.

Here are 9 signs a great leader consistently does, and 9 signs worth measuring yourself against too:

1️⃣ Makes Room For People To Outgrow Their Role
↳ Names someone's next step before they have to ask for it.
↳ Never treats another person's growth as a threat.

2️⃣ Asks Before Deciding
↳ Brings people into the decision instead of just the announcement.
↳ Would rather be slowed down by input than move fast without it.

3️⃣ Tells The Truth Before Being Asked
↳ Flags the problem before anyone has to go looking for it.
↳ Never lets someone be the last to know something that affects them.

4️⃣ Welcomes Disagreement
↳ Does not punish pushback with distance or coldness.
↳ Sees being challenged as a sign the team trusts them enough to speak up.

5️⃣ Notices Before Anything Is Said
↳ Catches a shift in someone's energy before it needs explaining.
↳ Checks in without waiting for a scheduled 1:1.

6️⃣ Protects Everyone's Time, Including Their Own
↳ Never treats evenings as a backup meeting slot.
↳ Models the exact boundaries they expect from the team.

7️⃣ Holds The Standard First
↳ Does the hard thing before asking anyone else to.
↳ Never demands something they would not do themselves.

8️⃣ Gives Credit Publicly
↳ Says the win out loud, in the room where it counts.
↳ Never lets someone else's work become their own without saying so.

9️⃣ Delivers Hard News Clearly
↳ Leaves no room for confusion, even when the news is bad.
↳ Values clarity over being liked in the moment.

If your leader does even half of this, you are working with someone genuinely rare.

If you do even half of this, your team already knows it.

Which of these 9 shows up the most in your own leadership?


Network & Technology Musical Chairs or Effective Change?

A couple of the leaders that “retired” have been near the top of the wireless organization pyramid for a long time. Does anyone know whether this is the just the usual game of leadership musical chairs or whether effective change is coming?


Executives too afraid to hold an all hands meeting

We haven’t had an all hands meeting for years and years. Executives are too afraid to face us. Cowards. They know they can’t defend their actions and that they have zero support from the employees they “lead”. They truely are legends in their own minds. Pathetic.


Enrique is a loser

This guy was a loser at HP, loser on the BOD’s, and now a loser running the whole company. What was the plan here? This guy is an id--t with zero ideas and the negotiation skills of Trump. He will 100% accept a lowball offer for this company after he spends the next few months sending our share price back into the $42-$45 a share range. He has no plan and ruined productivity throughout the company.


It’s OK to be angry

So rumor has it that people’s lives will change again on 9/14.

It is OK for you to be mad if you’re caught up in this and you lose your job. Not one person will be terminated next week because of your performance, dedication or hard work. You’re going to be RIF’d because of other decisions that are being made way above you. I have watched this company for years, make bad decisions and then clean them up via layoff.

And if your name and or your team ends up on the short end of this, it is going to be directly because someone, some human being made a determination about the value of your work. And I think it’s OK to channel that anger.

Because I’ve been on the other side of putting these lists together and it is way less scientific than people want to believe. Gender, race, age, and whether or not leadership likes you has more to do with this than anyone here would want to believe.

I’m sorry that everyone has to go through this now has to experience this. But my guess is you’ve been there long enough to have seen this and survive these. So no one should really be surprised that eventually they come for everyone.

And the only person that matters at Oracle is Larry. And what that means is that eventually all of these SVP’s who constantly survived the chaos one day too will be asked to leave the company. How different the leadership team books from but it was just 18 months ago and what it will look like 18 months from now.

For my money, it’s OK to think that the senior people in someway or sociopathic monsters because they’re so easily capable of creating these situations.

And after you get through your anger, things will be fine, but don’t suppress your emotion and or talk yourself out of feeling the disappointment that this will create.

And for the love of God, do not post a Moore message on LinkedIn about thanking Oracle for all the great years.

Good luck in the next week.


Downbeat Morale

Since we were told to expect another round of layoffs in 6-8 weeks time, morale and motivation has collapsed. Don't know which is worse- spending Christmas with family without a job or staying on and watch a clueless leadership sink the company even further and get laid off next year. Thank You EL.


Musings on Fido

Fidelity is a very successful profitable, but I do not think it is a very well-managed company.

People see trillions of dollars in assets, huge revenues, a prominent brand, and decades of survival and assume that the people running it must be exceptionally capable or the business is well wrong. That conclusion is wrong.

Of course Fidelity has enormous structural advantages. It has scale, customer relationships, brand recognition, distribution, infrastructure, regulatory barriers, and the economics that come from operating at enormous scale. Those advantages create a substantial moat. But while a moat protects helps protect a business, it t does not prove that the people inside the business are intelligent, creative, or competent.

In fact, Fidelity has a serious problem with managerial mediocrity. This starts with the head, Abby, who if you've interacted with her you notice isnt the brightest.

Nevertheless Fidelity proves that a firm can make enormous amounts of money while still having weak decision-making, bureaucratic processes, mediocre technology management, and an excessive dependence on H1B1 labor.

Fidelity's senior leadership is surrounded by consultants who make this problem worse. Large companies are constantly sold fashionable management ideas wrapped in impressive language: “digital transformation,” “Agile transformation,” “AI-enabled operating models,” etc.

Consultants can take a straightforward problem, invent a complicated framework around it, give the framework a name, and convince executives that they have received sophisticated strategic insight.

That is not necessarily deception in the Executives start believing that because they are discussing sophisticated terminology, they are doing sophisticated management.

Fidelity's technology organization is where I find things especially troubling. Outsourcing software development is not inherently stupid. The problem is becoming dependent on contractors and third-party organizations for core technical capabilities. If the company does not maintain deep internal engineering expertise, its executives can end up depending on H1B1 to explain their own systems to them. That creates exactly the kind of agency and information problems that organizational theory warns about. You cannot effectively manage technology that you do not understand.

Returning to leadership: My assessment of Abigail Johnson is that she does not demonstrate the creative or strategic imagination I would expect from the leader of an institution of this size. I regard her leadership as fundamentally unremarkable. Calling her a “mo--n” is obviously an opinion rather than a measurable fact, but it captures the level of intellectual confidence I have in the leadership.

Fidelity is what i would call a wealthy mediocrity: an organization with enormous resources that does not appear to use those resources with corresponding intelligence. That model can work for a very long time.

But that does not mean the model is sustainable forever.

In fact I think Fidelity is sc--wed.

(More on this later)


Trust is Our Currency

Penny said (and I’m paraphrasing) “We are in the business of serving clients, and trust is our currency.” Well, guess what? That applies in the Field as it does in the Home Office. And the thing about trust is… it’s hard to gain, easy to lose. How does one lose trust? By over promising, under delivering, by saying you will do something and don’t do it, by putting your faith in things that aren’t real. And we are in a critical point in the firm’s history, where this currency matters more than ever. Don’t be dazzled by pretty slides. There’s a common saying in the consulting world … “death by a thousand slides”. Why does this phrase exist? Slides will not bring you the clarity you need. Nor CoPilot. Only by asking the right questions to trustworthy people, who love you and the firm enough to tell you the truth, not necessarily what you want to hear. Go and see how work is actually being done. Don’t assume your (implicit) assumptions are right. That’s how initiatives fail and organizations walk off a cliff. Read the book “Confronting Reality”. I don’t want us to end up in that book in a future edition. Learn how organizations fail in their transformational efforts…. Blockbuster, Kmart, BlackBerry… In some cases, the fall came swiftly. Blockbuster was successfully, until suddenly it’s not. In other cases, these organizations are a shadow of their formal self. Think BlackBerry. Not because they don’t have smart people. They all do, incredibly smart people. It’s because the smart people assume they’re right, and they stopped listening to the people closest to the work. It’s because they’re planning in ivory towers, completely ignoring the battlefield below. And the people bringing them the “news” so they can make adjustments to their strategies are n steps removed from the field. Watered down intel, like the telephone game we played as a kid. And guess what? It’s all entirely predictable.


Humana New CMO goes from zero Humana shares to 2,500+ shares overnight

Didn’t take long for Humana’s new CMO to go from zero Humana stock shares to now having 2,500+ shares.

They now own him and he will do whatever immoral, unethical thing they ask of him, even if it totally goes against the hippocratic oath he promised to adhere to.

Humana's Chief Medical Officer Awarded 2,549 Restricted Stock Units Under 2026 Incentive Plan

https://kalkinemedia.com/us/news/announcements/humanas-chief-medical-officer-awarded-2549-restricted-stock-units-under-2026-incentive-plan


SNP Department — Grab Your Popcorn 🍿 The 🐭 VP Has Changed His Mind Again

I think I just witnessed corporate amnesia in real time. 😂
Last year, our 🐭 Associate VP went on a full-blown rant about nurses transferring members to Pharmacy without first telling the member what was happening.
We were essentially told:
“You need to explain the transfer and give the member a choice!”
Okay. Message received. We followed the guidance.
Fast-forward to 2026… 🍿
Apparently, that guidance has been deleted from the corporate memory.
Now we're being told we are expected to transfer EVERY member to Pharmacy. No asking if they'd like to be transferred. No giving them an option. Just… transfer them.
And if you don't?
Coaching.
Keep not doing it?
PIP.
So I'm a little confused.
🐭 Associate VP — 2025:
“Why are nurses transferring members without telling them?! They need to KNOW and have a CHOICE!” 😡
🐭 Associate VP — 2026:
“Why aren't you transferring every member?! Don't ask them—just transfer them!” 😡
Nurses:
“Wait… 🐭, didn't YOU literally spend last year telling us NOT to do this?” 🤔
Management:
“That was then. This is now.”
Nurses:
“So what changed?”
Management:
“Our metrics.” 📈
But wait… there's more! 😂
No raises for existing employees this year.
Meanwhile, we're hiring new people into the same positions at salaries higher than what current employees are making.
So apparently the message to the people who have been here, doing the job, taking on more work and meeting the metrics is:
“Thanks for your loyalty. Here's your $0 raise.” 💰
And the message to new hires is:
“Welcome! Here's more money than we're willing to give the people already doing the job!” 🤡
Nothing says “we value our employees” quite like paying new hires more while telling existing employees there isn't money for raises.
So we've got:
🐭 Contradictory leadership
📞 Mandatory transfers that used to be frowned upon
📋 Coaching/PIPs if you don't comply
💰 $0 raises
👋 New hires making more than existing employees
But wait… the Associate Engagement Survey is coming up in a few weeks! 🎉
So when that survey lands, please take the opportunity to let management know what you actually think.
If you're frustrated with the constant changes, lack of raises, pay compression, unrealistic expectations, or the threat of coaching/PIPs for not following the latest directive, say it.
Because apparently the only thing management hasn't changed yet is the survey. 😂
Maybe this year's employee engagement score will finally tell them what the employees have been trying to tell them all along
peak up. Be honest. Use the survey.
And remember:
Your 🐭 Associate VP may have corporate amnesia… but hopefully the engagement survey has a memory. 🤣


Don’t fixate on a date, we have to get though the next 120 days.

Remember all the Leadership videos stated (or at least implied) that “we’ll figure out the mapping, redundancy and needs” withing the next 120 days.

Sadly it could happen at any time.

New employees from Cox – Charter does not care about you
Old employees from Charter – Charter never cared about you

Take care of yourself.


What/Who determines the VSP dates?

I currently work in retention, and our job is mostly on the phone conducting outreach to members, my VSP apparently is not 9/4/2026, and instead it’a in 2027. I didn’t think my job was that important that they needed me to stay until next year? Who/what determines your VSP date? I am curious because I genuinely suspect my sup and director had a say in this.


Return to office

I know everyone works differently and has their own preference for how they’re most productive—whether that’s remote, in-office, or a hybrid of the two.

I’m one of those people who genuinely thrives working remotely, and I’ve proven that I can do my job well that way. Requiring everyone to come into the office four days a week for more “collaboration” moments feels unnecessary to me. My role realistically requires one or two days in person, and I’m happy to come in for those.

And when we have a New York office and team members who are still working remotely, what’s really the difference between being at home or sitting in an office for a Zoom call?

Target has done an excellent job silencing its employees, and almost everyone I’ve talked to is miserable. People are being asked to come back to the office without additional compensation, while many haven’t seen meaningful raises in years. There’s a growing disconnect between what leadership thinks is happening internally and what employees are actually experiencing.

And unfortunately, I think the guest is starting to notice that disconnect, too.

Happy employees = better work = better products.


SVPs

some of the SVPs so long with the company makes So much money & the new ones hired recently in tyber kelurity or dinfo jack are m
M plus assets. All they tout & show arrogance on diedentity & sacess dmanagement or drought dmanagement. in private these so called dooders are nothing but unprofessional, arrogant unhumans.


Leadership Exchange - Special Edition

“As we continue Forging the Modern Mutual, this meeting will provide leaders with an update on the company's enterprise transformation efforts, including key milestones, insights, and what you should know as we continue to shape our future operating model and ways of working.
Note: Given the topic, we've opened this meeting to include assistant directors senior directors, and vice presidents, regardless of people leader responsibilities. We are also inviting the Elevate cohort-including SLT, ELG, vice presidents, and managing directors-for awareness and the opportunity to participate.
While in-person attendance is encouraged, given the larger group, seating will be on a first come, first served basis. More details will be shared closer to the event.“

Snap. Snap.


Leaders with BS degrees

Crummy colleges like Strayer University or 3rd world college mills. DEI candidates majoring in "organizational leadership" (wtf kind of degree is that). Leaders not qualified to do entry level work in their organizations because they lack certifications. sum result is a bunch of employees who are pretenders when it comes to working.

Point being Verizon needs to ask itself if it wants intelligent leadership, or a bunch of crash test dummies collecting paychecks


This is it. The day finally came.

I have very mixed feelings about leaving. Part of me wishes I could have stayed and continued my healthcare career with the company. But another part of me recognizes that, based on my experience, management and the environment created by its leadership ultimately made staying no longer sustainable for me.

Over time, I witnessed significant changes in the workplace. Policies and procedures were not always clearly documented or communicated, yet employees were still held to expectations that were not always clearly outlined. In my experience, there was also too much favoritism, and what once felt like a close-knit environment gradually became one where people seemed to be looking out for themselves and, in some cases, trying to remain in management's good graces.

I also observed situations where employees appeared to distance themselves from or place blame on others rather than feeling supported by leadership. When employees expressed concerns, questioned processes, or voiced dissatisfaction, my experience was that management was often dismissive rather than receptive. I also felt that leadership became increasingly micromanaging and, at times, unsupportive of its own employees.

For me, that was the turning point.
Ultimately, I decided that leaving was the healthier decision. First and foremost, I need to take this opportunity to focus on my well-being. From there, I look forward to finding an organization where I can feel fulfilled, contribute my experience, and build positive relationships not only with coworkers but also with leadership.

I'm saddened to leave behind the many wonderful people I have met along the way. At the same time, seeing other good employees make the decision to leave as well, and hearing some of them express concerns similar to those I experienced, it reinforced my feeling that it was simply time for me to move on.

To everyone staying past 09/04, I genuinely wish you nothing but success. And to everyone leaving today, I wish you the very best in whatever comes next. May you find the opportunity, environment, and leadership you deserve.

Stay blessed, everyone.

Class of 09/04 — officially out. 🫡


IBM annual sales growth for last 10 years

Only at IBM would such horrible and incompetent sales growth results be awarded with $38,000,000 pay plans and hundreds of thousands of IBM shares be given for free as grants.

Meanwhile at NVIDIA:
Revenue: About $44,546,759 per hour.
Net Profit : About $27,633,333 per hour.
Per Second: This equates to roughly $10,484 in revenue and about $6,500 in net profit every single second.

Put your money in a Goldman Sachs CD and get 4.35% vs the pathetic IBM results here.

2025: +7.62% ($67.54 billion total revenue)
2024: +1.44% ($62.75 billion total revenue)
2023: +2.20% ($61.86 billion total revenue)
2022: +5.54% ($60.53 billion total revenue)
2021: +3.94% ($57.35 billion total revenue)
2020: -4.39% ($55.18 billion total revenue)
2019: -27.49% ($57.71 billion total revenue — heavily impacted by portfolio reshaping and divestitures)
2018: +0.57% ($79.59 billion total revenue)
2017: -0.98% ($79.14 billion total revenue)
2016: -2.23% ($79.92 billion total revenue) [1] (https://stockanalysis.com/stocks/ibm/revenue/)


Fraud

This week has been the perfect example that we do not matter. One coworker passed this week and all of fraud has continued on with managers acting like everything is normal. Shame on you leaders we are humans.