Growth is and has been stalled post covid? Weird, it’s almost like a global pandemic isn’t a sustainable business model.
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From toxic products to toxic work culture… in contrary to brand image sold to consumers
So did I understand correctly?
In the town hall meeting, did they discuss layoffs & plant closings ?
@ab Words stolen from Ramon and Athina. Ignore the layoffs, outsourcing, and plant closures that sent the stock "rocking." The correction will come.
But the stock is rocking
Making numbers through layoffs and plant closures (called out in one of the articles) isn't sustainable. The numbers are going to catch up to the performance.
Guess Ramon and Athina aren't going anywhere soon. The BOD is just happy to get their quarterly bonuses. Sad!!
Now, I have to attend the "dog and pony show" of the Q2 Global Townhall.