there's no plan at all.
Will see same thing next quarter, after quarter,.........
9 replies (most recent on top)
simple - break up
The Board is complicit. As long as they get their 4 or 5 shrimp dinners and far too much money for attending ceremonial meetings, they keep their mouth shut. The audit committee board member who should be saying something is too busy amassing his fortunes thru acquisitions. The compensation committee board member is too scared. A few are dei appointments so you know thats going nowhere.
Supprisely the board and shareholders didn't do anything to save this company
3M will cut jobs every quarter and call it efficiency and margin protection. Why would any young person work here. They have destroyed the wealth of tens of thousands of workers and retirees.
Definitely no plan! Very surprised that shareholders haven’t forced the board to take action.
Sinking ship that is too far gone. MR and MP are buying time to milk every last penny while driving the company into the ground.
MR is running out the clock. He'll drain Mother Mining until he can't.
All I am seeing is a death by a thousand cuts (if you pardon the pun).
MR is a one trick pony