Layoffs are in the cards
10 replies (most recent on top)
You can layoff yourselves towards prosperity.
I guess they need to do some more scooping.
"Steve B is doing a great job and I challenge any of you to prove me wrong!!"
Look at the results for the last 6 years. If you can read.
Steve B is doing a great job and I challenge any of you to prove me wrong!!
"Because he was able to cut so many jobs that he minimized the damage to the shareholder and can still produce a dividend."
You are not too bright are you? Stock price halved, and dividend halved and funded by debt. Shareholders must be thrilled. Probably another 3,000 heads cut in Q1 sometime. I'm ready!
We just live in a world where facts don't matter at all. Billion dollar loss, 10% revenue decline, weak merger in the immediate future, and Steve is thrilled. He is thrilled to have another $10m in his bank while continuing be a complete failure. He and his staff are empty suits.
because he is a liar
Really???
The dividend has been halved, so how is that in the shareholders favour - a stock worth 50% of its prior year value too !
Because he was able to cut so many jobs that he minimized the damage to the shareholder and can still produce a dividend. At this point it doesn’t even matter everyone knows what is in the cards
How on earth can SteveB say that there is positive progress on Project Reinvention with those results ??