Over the past few days I have seen numerous post and emails regarding VPs and Directors leaving the company to pursue other opportunities.
Why? What’s going on?
Are they getting ahead of knows cuts in fiscal 2026?
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Over the past few days I have seen numerous post and emails regarding VPs and Directors leaving the company to pursue other opportunities.
Why? What’s going on?
Are they getting ahead of knows cuts in fiscal 2026?
What even the Directors and Senior Directors do lol??????
Do we think Mackintosh's departure was negotiated or his choice? I'm a big fan of Ben Fallon.
Danish obesity dr-gmaker Novo Nordisk's head of public affairs in the U.S. has left the company, according to an internal memo seen by Reuters, at a time when the firm is battling to revive its fortunes in its top market.
https://uk.finance.yahoo.com/news/exclusive-novo-nordisks-us-public-145245991.html
Org charts circulating at Southwest showing new role as SVP Chief Digital & Marketing Officer reporting to Tony Ro--h.
lol all they do is have “meetings” about work other people do and then eat expensive food on the company dime and fly around
He only has $700 million. We need to get him to a billion.
Bill Flynn saved the company. We need another Bill Flynn. Our execution sux. It takes forever for everything & anything. No efficiency. No competency. No urgency. Top brass don't care. Why ? B/C they will collect soon on $2.5M-$3M pensions & sail into the sunset w/no worries. Take away their pensions & who will crawling to daddy and mommy now ? The Board don't care. They collect $200K per year to listen to sugar coated versions of alternate reality. No checks. No balance. No accountability. No care in the world. Crony capitalism. Nepotism. When's the last time any board member had lunch with a rank and file employee ? When have the met in a roundtable setting with employees ? When have they led and attended focus groups of clients ? Never ! Board is not accessible. Not approachable. Doesn't truly care about the company employees or clients because they are silent and invisible.
Yes. Next question.
Culture at Honeywell has me constantly on edge and worried about layoffs or furloughs. Obvious I need counseling if I am sitting here worried on Xmas eve.. but I need to provide for my family.
New Year’s resolution seems clear … I need counseling and an executive coach that can help me exit this trap.
Don’t make my mistakes. Leave before you have nothing left to offer
I Nominate our CIO for the ‘best cio silicon valley’ award for 2025. He is the reason the company is doing so good. His vision, strategy and hard work is more than all the company execs put together. He truly deserves a huge hug and a bucketful of stock options. That inspite of having such a mediocre team. Hats off Sudhakar.
Years of bad calls at the executive level have drained momentum, talent, and trust. Instead of building on strengths, leadership keeps reacting late and doubling down on choices that never should’ve been made. Now the focus is no longer on growth or innovation, but survival.
She was on fire the first few days after joining and completely dead these days. Or is it just another top exec being paid millions for nothing.
I'd love to see some of our GPs, the OGs that are too young to truly retire but are leaving because they can't stand PP, break off and form something new. I'm thinking like the original owner from Scottrade did. Those OG GPs are the only ones with enough capital to do this.
Associates will follow you. FAs and their clients will, too. Edward Jones is dying. It's time to build something better from its ashes as the ultimate sc--w you to PP and her sh---y ELT cronies.
Everything Doug Field touches dies.
Hate the game, not the player...
If you’ve ever tried to keep all the flavours of SAS ticking over at scale, you’d have a bit more empathy for the hiding to nothing that team is on.
The model is properly broken, no doubt. But it isn't the staff... it’s the lack of joined-up thinking from the top—pushing offers that shouldn't even exist. The top brass will nod along and say there are issues, but point out that Cloud makes us $x00m a year. And they aren't wrong, unless they finish the sentence... it makes SAS hundres of millions but it should be making us billions.
SAS has been flat for 15 years. Let me state that again, SAS has been flat for 15 years... because the mentality you have is shared by the ELT... who don't get any steer or love from Dad. The cloud offer here is a shambles of execution... across the whole company, not just the division. Let me state that again, SAS has been flat for 15 years...
With that in mind, no need to stick the boot in. We should at least be decent to one another as we shift the deck chairs around... makes the time on a sinking ship a bit more bearable.
This deserves its own thread. OP:@12j+1kbnvhbm6
Next level cost cutting will happen for sure. Jan 1-20. Get ready with your resumes
Ah yes, I remember all those times Bob Bakish had his father come to business dinners to talk about mergers, or had him hop on Zoom calls with advisors. It's totally a normal thing for CEOs to have their daddies help them with their jobs.
From THR (link below):
“If we have the privilege to work together you will see that my father and I are the people you had dinner with,” Ellison wrote. “We are always loyal and honorable to our partners and hope we have the opportunity to prove that to you. Best, David”.
https://www.hollywoodreporter.com/business/business-news/inside-paramount-bid-warner-bros-discovery-david-ellison-1236445012/
Hi Guys, at a moment in time there were 6.
Do the company stills uses 3 ? I cannot track them on flight radar.
Think about how much they cost to operate
Are there any Imperial executives who actually think a move to Edmonton is a great idea?
Any update news? We don't care about employee layoffs now. It will always happen at anytime, no matter of the company conditions. Who are going to buy Intel?
Is Dan playing the same character, only I doubt Verizon will have the same happy company ending the movie did.
Brian Roberts refuses to humble himself. He is turning Comcast into Blockbuster 2.0. He won’t go down with the ship though. He doesn’t have the moral or ethical framework.
That is why he might just go down as the most hated businessman in the country.
Don't get me wrong, there definitely was nepotism and racism with hiring inside orgs, namely IT, but this all started long before any of that. The C-level all across the US, not just Verizon, sold us out. Not the people working to live in other countries. Yet, somehow we want to blame the lower working people. Continue to be lied to, live in ignorance and be exploited. God help the next generation that will have to live through the same lies they spin-doctor with AI (once it's matured to be production ready).
"Wells Fargo Names Saul Van Beurden to Lead Artificial Intelligence; Kleber Santos to Expand Responsibilities and Serve as Co-CEO of Consumer Banking and Lending with Van Beurden"
cannot be good for TK, previous AI cheerleader.
Looking at Dan, Sampath and Hans. Interesting read from Forbes.
https://www.forbes.com/sites/victorlipman/2013/04/25/the-disturbing-link-between-psychopathy-and-leadership/?fbclid=IwdGRjcAOVdr9jbGNrA5V18GV4dG4DYWVtAjExAHNydGMGYXBwX2lkDDM1MDY4NTUzMTcyOAABHr8AspRVmyP5k6lgfQ1lGS10G8PArOO9f3lJzBR1PwgJj8CJwKKsmGkJMkbP_aem_u6pZrfuWmrVLbgrPl7N6iw
x.d*ta is currently not generating meaningful results and seems to be consuming resources without clear returns. The executive management appears to be spending heavily on travel( 4-5 times a year), often involving select individuals traveling between the US and Kochi, without any clear agenda just to attend the workshops. So far, the outcomes have been underwhelming, with releases that are difficult to understand from the release notes. subpar level releases where executives just pat each other's back after release.
While many employees in the US are facing job losses, some individuals who may not be contributing effectively appear to be receiving promotions or salary increases in India.
This should end, seriously !! few heads should roll now instead of RAing innocent engineers and managers ...entire focus is to make "kingdom" in kochi by this executive.. hope new VP takes notice of that and do long pending "purge"
Another executive leaving the dumpster fire.
https://timesofindia.indiatimes.com/technology/tech-news/verizon-ex-ceo-sends-open-letter-to-13000-employees-company-is-laying-off-says-no-one-can-take-away/articleshow/125515667.cms
Couple things
Layoffs are a distraction to allow the executive board to maximize their own bonuses. And their actions are vindictive towards employees.
The share price is plummeting and is likely to drop below $200 soon. SAP's AI initiative Joule is receiving poor feedback from customers and has less than 5% active adoption rate within SAP. Recent acquisitions like Signavio, Leanix and Walkme seem more focused on pushing their DEI agendas than an actual integration. Development managers are being replaced by hr personnel in HPOM. There is a disconnect in projected profiles due to high order volumes but extremely low adoption rates and upsell. Competitors are justifiably taking legal action over clear instances of copying and infringement. Meanwhile the budget for annual salary appraisals is slashed to an all-time low and there are rumors that bonuses will be capped at 50% next year. The new performance management is giving more power to bad managers and only employees who have a good relationship with their managers can now expect a decent bonus. Free cash flow is funneled into share buybacks, dividends and hefty bonuses for the executive board. Less cash means that employee benefits will lower even further in 2026.
In any other organization, such a situation would trigger a complete board overhaul and the establishment of a solid long-term strategy aimed at stabilizing stock prices and fostering growth over the next five years.
But not at SAP. The executive board seems more inclined to discuss further layoffs and say derogatory and controversial statements in every interaction. Despite all this, they will get the highest bonuses ever.
There are simply NO CONSEQUENCES for their actions. It's disheartening to witness a dysfunctional executive board that prioritizes its own interests over the company's well-being and employee trust.
Any execs on this board?
Tell us what you think.
We promise not to write in this thread.
What do you think? Would GB leave Elevance to lead the WNBA?
Please tell me that most C-Suite executives will also feel the pain. They enabled Hans and others to gut customer service and raise prices without adding any real “value” while never stepping foot into a store or call center to see what was really going on. Hans needed to be gone a long time ago but he shouldn’t be the scapegoat!
a company that once was sold, got bankrupt and resurrected from the dead .... imagine all the cash these guys made/ will be making....
should we be suspicious ?
Will Frontier also face a massive lay off initiative?
Simultaneously, a separate investigation by the U.S. Senate is examining the company’s financial forecasting practices. Democratic senators are specifically seeking information about former CEO Frank Bisignano’s involvement in developing the allegedly inflated financial projections
Here are the 3 reasons why Verizon will
never live up to its rivals or its own best years from the past.