This is coming soon....in this order.....get the popcorn ready!
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You have this all wrong. It will be layoffs first, the forgo the buybacks. Cut the dividend last. The execs can live quite nicely just off the dividends from their shares. Plus, cutting the dividend will drive large shareholders to the exit
We all know which ELT member has his house up for sale. He will be “penalized” with the severance package.
Good thing our brilliant leaders planned for this with their continuous bureaucratic micromanaging “long range” planning, knowing this would happen, since they already saw this happen in 2015-2016. Oh. Wait.
I wonder which ELT member will “accept blame” this time and get a $50 million severance package?
Five years later and we still can’t forecast cash flow. But our new executive offices are sweeeeeeeet.