The continued restructuring appears likely to result in significant layoffs. My concern is that experienced leaders with valuable institutional knowledge are being replaced, increasing the risk of poor decision-making and execution. I hope leadership carefully considers the long-term impact on employees, customers, and the business.
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@fn0 No way the business survives the next 5 years.
I can’t believe how on point this post is. Rumor has it that they have hundreds and millions of dollars gap they are in urgent need to close. Tons of top leadership were just given the axe and replaced by hand picked people that will help leadership feel secure. The capable ranks are demolished. Only bureaucrats remain. I mean, are you surprised? What a shame this company has become.
The Cox family might as well sell us off as well. Horrible.
Nothing about what you said is new. It’s been like that for some time. Remember Covid? “Hey guys, you are all safe, work from home while we figure this out”. Mass layoffs right after.
Those in power only want to fill their ranks with people that make them feel secure about their positions. It’s obvious when you see leaders that sc--w up all the time get promoted or favored so long as the top feels more secure. Actual business outcomes is secondary. The more you sc--w up, the faster the climb. Explains the endless failed acquisitions and divestitures. Governor Cox is rolling in his grave.