#accountability

Remember Michael told his leaders beginning of last year to get the stock to $200 by end of fiscal year 2026 or executive heads will roll.

Hi all. My partner works in design and I’ve been hearing stories about leadership and making his job harder. Just curious-who is responsible for leadership? Who’s making sure they are doing a good job?

I don’t.

Some of you are nervous about Elliott Management, saying it might mean layoffs. A future with Geoff Martha definitely means continued layoffs and possibly much worse anyway, while him and the board continue to sacrifice others to benefit themselves. It is not by chance that Geoff has loaded up the top cadre of the company and board with buddies from GE.

The fact this board has not removed Geoff after so many years of poor performance -well over the NYSE trading company average of 3 bad years for a CEO- is all you need to see to know that nepotism and cronyism is rife at Medtronic. It is absurd.

Elliott Management is a significant shareholder and they have exercised their rights. These companies do not usually walk into a company they hold major stakes in, with the intention of shutting it down. They genuinely want it to return to being profitable and a market leader... but yes, that might also take some layoffs... and divestitures. Again, a future under GM is the far worse result.

And Elliott are there for another reason. Pay attention: they have just 'diluted' the existing board's powers by installing two of their own. That's a governance and accountability mechanism. That's their spot to scrutinize Geoff's performance. That's an eventual motion to remove him as CEO and potentially more if they deem that the board's actions are harmful to investors.

Geoff is on notice and he knows it. That's what you saw in his body language.

Elliott might do things we don't like, but make no mistake that this is the beginning of the end for Geoff. Enjoy it. We've waited forever for it.

Make a real move against a member of your MC who has singlehandedly placed his income and expanding real estate holdings over keeping the business afloat.

FIG is run horribly!

Management keeps praising people who push endless tasks onto others instead of fixing the problem. The same few employees get buried in extra work while leaders act like that is normal. Someone needs to take a hard look at how this place is being run, and I mean now.

Nothing happens to them. Terrible results? Raise our compensation! ELT needs a whole new takeover but alas, that will never happen

ELT - congrats on making money hand over fist while downsizing the company only to get worse results!

Wow what a bunch of useless fluff. They do not sound positive about the future at all. Pete is giving me bad vibes. He’s basically blaming everyone else for Carelon problems.

Fire GM will ya!

Schwawesome Leaders, Where is the efficiency gained by AI? Whose head should roll?

Worked in intel in the early 2010s and I get to see the same thing here in QCOM now. Hiring friends of friends ; friends son. Not sharing information, misleading on purpose.

As in intel , the people who did such practices made it out unscathed.

I was subjected to an aggressive outburst from a senior manager who yelled repeated threats about my job security and dismissed my work entirely despite having completed all assigned tasks on time. Her words were not feedback. They were intimidating:
“You seriously think about what I said to you tonight and tomorrow let me know what you want to do. You will not survive in this job, or I will not keep you until May 2026.”
This kind of behavior is not leadership. It’s psychological abuse. And it’s unacceptable.
Note: I have an audio recording of her yelling with filthy disrespectful words.

I’m raising this not just to advocate for myself, but to open a broader conversation:
• How do we hold senior leaders accountable for emotional harm in the workplace?
• How can we protect psychological safety while maintaining high standards?

I am seeking your expert advice on this situation.
• Should I report this to my director?
• Should I report this to HR/ Colleague Relations?
• Will I get into trouble if I make a formal complaint to HR/Colleague Relations?

If you’ve experienced or witnessed similar treatment, I invite you to share your thoughts. Let’s stand together for workplaces that value both performance and humanity.

#WorkplaceEthics #Leadership #PsychologicalSafety #RespectAtWork #HR #Accountability

There is a long list of Aramco's failed investments over the years. Let's start with Chemicals: Sadara, Petro Rabigh, Rapid and there are more coming. Wall Street research suggests that Aramco will be lucky to get their money back from these over 20 - 30 years, and Rapid isn't even in Saudi Arabia and thus creates no jobs inside the Kingdom. And all of these pale in comparison to Jafurah unconventional gas. The government has given Aramco over $100 billion to build infrastructure for gas that has yet to arrive in meaningful quantities. Management's solution to all these bad decisions seems to be to squeeze employees and contractors. Oh, and borrow more money ... or as Aramco's CFO likes to say "optimize the capital structure". I think I can safely say that everyone outside of Senior management is disgusted. Its not just Expats, good Saudis with options don't seem to want anything to do with Aramco either.