I couldn’t even imagine waking up each day and going to work at this pile of sh-t company that’s done nothing but go down in price over the last 5 years. I get a pay check but for the people who get RSU’s or stock comp this would be an epic fail. The BOD’s of this company should probably be in prison.
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I’m trying to figure out the logic of firing Alex Chriss to then hire Enrique Lores.
EL couldn’t lead the team at a Taco Bell. Share price is the only scoreboard that matters and the company has been at the bottom for years now.
Yes, the lack of fiduciary responsibility is exhausting with EL. The business is poorly ran and this transcends across all platforms of the business. Once Wall Street tags you as a poor performing management team this is what you get. Sadly it will result in more and more layoffs because the Board is getting fed up as well.
Enrique is a known failure on Wall Street. The stock price tells you everything you need to know. A lot more heads will roll due to this guys incompetence.
I don’t think you could have a bigger failure for CEO. This geriatric loser announces a partnership with Meta today and practically lost value in his company. This is like new timeline on incompetence and fraud. I’m pretty sure the SEC is probably investigating management at this company. They are definitely running some kind of scam with there supposed buybacks.
This company just partnered with Meta and the stock is about to go red. This has the worst management team in the history of Wall Street which includes Enron.