How does she still have a job at GM? It was HER with the big all in push for EVs and the elimination of ICEs. She went as far as telling leaders to get rid of anyone who was NOT all in on the EV industry. And now the company is getting back to ICEs and moving away from the whole Ultium cr-p. EV plants have been doing NOTHING for months and still having to pay employees, that alone should have her removed. She couldn’t sell a car let alone build one so good luck with her next employer. I don’t understand how with her whole 5-box system now established with I do think they should have been doing all along instead of having 20% of the people doing 80% of the work because of Diversity hiring were as they were put in a Stranglehold by having to employ people based on diversity rather than merit. She is definitely NOT meeting the standards in her own evaluation process thus should be CANNED! Because Stone Cold said so!
27 replies (most recent on top)
How does Mary keep her job? Maybe she gives good head to the Board members…
The OEMs diversifying into the meat packing industry. Don't give them ideas. They might be reading this board.
@sj+1jn9mh7s7
You have not demonstrated the worth of the people assembling products others have designed, financed and built.
It's like saying the Kroger bagger is more important that the people that slaughted the animal and packed the meat.
The assembly line job is equivalent to the mentally impaired bagger. No skill needed. Everything worked out in advance.
Then again, with low IQ answers like, "redundant", I suppose this simple concept will evade you.
"Can't build without a product manager."
is this some sort of joke
so how many product managers does it take to replace a light bulb
"Can't build without designs.
Can't build without manufacturing engineering."
redundant
"Can't build without materials.
Can't build without supplier parts."
so order some
"Can't build without financing."
sure you can, businesses sell things for money, use some of that money
all these are secondary or of tertiary importance
they should be getting paid less
if not we have a priority problem
"Who are these "higher powers" you keep ranting about who control the CEOs and boards?"
i didn't say that
but you have to look at entities like blackrock, state street, and vanguard
and the world’s central banks
@rq+1jn9mh7s7
Can't build without designs.
Can't build without manufacturing engineering.
Can't build without materials.
Can't build without supplier parts.
Can't build without a product manager.
Can't build without financing.
No, the people that assemble already engineered and manufactured parts are playing the smallest role in the process.
"But know this: no board of directors will fire a CEO during record profits.
Down vote this to confirm your poverty mindset."
You got downvoted because you forgot about the folks that actually
build the vehicles. You know the most important people.
Down vote this to confirm that you have no useful skillset.
The only thing that will get Mary removed as CEO would be two consecutive negative quarters. It will have nothing to do with the EV sales. She's moving more ICE vehicles than any other automaker, hence the record profits.
If you want to dislike her, that's your prerogative.
But know this: no board of directors will fire a CEO during record profits.
Down vote this to confirm your poverty mindset.
The next step in an "all-electric future" is "all personal vehicles are bad", go to ride on demand. Then "15 min cities" where you live next to your employer. By following the globalist movement, auto companies are shooting themselves in the foot.
Who are these "higher powers" you keep ranting about who control the CEOs and boards?
Trump?
Musk?
The Kochs, Mercers, or Harlan Crow?
You should adjust your stereotypes for regional flavor. It's not Chad and Becky spending on cruises and amazon boxes... it's Jim and Barb spending on snowmobiles and big screen TVs.
@mf+1jn9mh7s7
"That's not the regular folk's fault. "
Read: Personal debt.
Blaming external entities like banks for personal debt is a POVERTY MINDSET.
A business education is the cure for the liberal pathogen.
During the last "great" recession, normies blamed banks because janitors with 600k homes were forclosed on. I expect something similar. Chad and Becky have 30k credit card debt from those cruises and Amazon boxes but... Banks. Greedy corporations. Yep.
Coping and external blame will not keep them out of divorce court when Chad gets laid off
I remember at our tier one company, mind you this was CEO and board approved they hosted a COVID drive back whenever the eff it was, trying to sell us on why these sh*t shots were good for everyone. This event lasted three days spanning Friday, Saturday, and Sunday, at our lone local facility.
At the end of the event, they boosted that total employee participation went from 11% to 94% in that same time. Anyone with a luke warm IQ knows that's absolute horsesh*t. These companies are instructed what to say, what to do, and what orders to follow.
And as you know, the world locked down almost in unison with Covid. Same story, same script, same protocols, same nonsense. That transcends CEOs and boards. There are higher powers orchestrating behind the scenes, instructing these peons what to say, to do, and how to act.
Post ID: @me+1jn9mh7s7
Simple minds believe that the CEOs and the board are the powers that make corporations move. Think bigger. With this mindset, you are looking at a chess or checkers board, and only observing the pieces on it.
Observe the players behind the board...
Do you see a tree, or do you see the forest for the trees? Most people can't see beyond their own nose, so they don't know what they don't know.
"They have the poverty mindset."
To whoever said this, I can agree to some extent. Those that are looking at the extent of their nose, are missing out on opportunity. Stocks getting their teeth kicked in wonderfully. Especially loved the Nvidia play. Excellent earnings, yet they got their teeth kicked in. Saw it in the charts that it was going to roll over the day of announcement, didn't say a word to the horde, because hopium players assumes stocks only go up. And they only bash differing opinion. So, we let time prove all things correct. Two days of hefty down made a point.
Up 37% on the last three weeks. That beautiful VIX, it makes you money hand over fist over individual stocks. Best know what your doing, else it cuts just as deep. Dullards, should not invest in VIX stocks, for their own safety of course. Just stick to riding up and down GM, Ford, Stellantis, etc, etc, etc. 😂
DYODD
"They have the poverty mindset."
Is this your new catch phrase?
It sounds like other BS lines like 'we are nation of immigrants'.
It is time for a drinking game.
Every time you vomit that phrase all of us will take a drink.
"All these people in massive debt"
Um, you might not have seen the oncoming giant freight train coming your way.
The US has a national debt of 37 trillion with 0 chance of paying it down.
Forget the fact that the stock market is massively overvalued.
That's not the regular folk's fault. That is the corrupt government working
with the sleazy bankers.
"You mistake "what is she doing". She's being instructed, just like everyone else. There is a higher power making all the decisions behind the scene. These CEOs are front men/women."
Yeah of course. She got installed by the majority shareholders on the board.
They are attached to the folks who control the money supply and are financial
"investors".
I spy a foolish Director
EVs are so unpopular that BYD hasn't sold a single one.
And if Mary can't sell EVs, that's proof that nobody can, and nobody wants them.
@da+1jn9mh7s7
Almost no one that frequents this board has any idea how business works.
They have the poverty mindset.
You get it! The bottom line IS the bottom line.
GM has been slam-dunk "record" profitable YOY but these resentful, bitter, ENTITLED people cry, "fire Mary!"
It's literally a waste of time talking to these people. They think they can re-shape reality by complaining and down voting.
The poverty mindset will keep them poor, debt slaves. When I hear them complain at work, I think to myself, life is going to be crushingly hard for you when the market crashes. It's literally crashing right now. All these people in massive debt are about to go from complaining about coming into the office to losing everything and wondering where their next meal is. There's no amount of warning or lecturing that will fix this. The turkey is done. 2008 remix only with more bass and faster beats.
GM is not in any other business, than the business of making money. Profits up - CEO's good.
New to how things work?
- The entire world was instructed to follow Covid protocols in lockstep, all with pretty much a sync'd timeframe, same story, and same narrative.
- The US was instructed to embrace the EV and AV culture all at once, and everyone throughout the tiers were followed suit as one.
- The US was instructed that EVs and AVs are not practical, all in unison. Now all corporations are suffering because of that mess.
You mistake "what is she doing". She's being instructed, just like everyone else. There is a higher power making all the decisions behind the scene. These CEOs are front men/women.
Imagine if instead of investing billions in stock buybacks to temporarily pump up the stock price that the visionary leadership built charging stations to help eliminate range anxiety and give their precious EVs a chance to succeed in the marketplace.
Took too much advice from failed fellow female friend and flop CEO Ginni Rometty.
GMs customers are old people in the Midwest.
They won't drive EVs.
So developing them is a waste of money.
OP must be fairly new. She has a history of telling Wall Street one thing, spending billions of dollars and then not delivering. Promised autonomous cars by 2018. How's that going? It's all about pumping the stock price for executive stock options. Cut everything else.
"now the company is getting back to ICEs and moving away from the whole Ultium cr-p"
When was this announced?
Hundreds of people in engineering are working on new EV programs right now with new ones coming online.
DO NOT GUESS WITH AUTHORITY.
I can see why you are resentful and bitter.
You clearly do not know what you are talking about.
'How does she still have a job at GM?'
simple, people like that are in a different class than people like you