When a clown moves into a palace, he doesn’t become a king. The palace becomes a circus.
Posts mentioning hashtag #poorleadership
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New CEO is a joke
The stock price of this company only goes down and my shares built up over 5+ years are worth a small fraction of what they were. I’ve lost so much time, energy, and money with this broken company that makes moves at a snails pace. You could layoff 20% of this company and you wouldn’t even notice.
I enjoy the childish games
From Intel employees who believe that it’s helpful for just be purposely unclear, purposely unresponsive to their peers. Management should fire these fu----s
Look how far we've fallen
I've been around long enough to remember when this place was actually decent, when working hard got you somewhere and meant something. The money was never amazing, but you felt valued. Leadership wanted to keep good people. It's now just a sweatshop that feels like it's falling apart at the seams.
Case Study in Corporate Hubris
Appian has changed over all senior leadership in the past two years. Except for the founders, of course.
In that time Appian has lost 1/3 of its value, while industry peers like PEGA and even the broader enterprise software ETF stocks (IGV) have gained 12-14%.
There’s nobody left to blame but yourselves. You aren’t good at your jobs. You can’t hire well. You can’t run a company well. You’re in over your heads but are too arrogant to see it. You’ve done your best to force alignment under a single old strategy… silencing any challenge to the boss. It’s not working.
Cash out. Let new people run this institution. Or continue to flush value down the drain,
Executive incompetence (or incontinence) is truly the root cause of all of this.
Executive incompetence (or incontinence) is truly the root cause of all of this.
Gross mismanagement of spiking costs for flash ki-led margins, awful roll out of UCPQ, project ocean was a disaster that is still the gift that keeps on giving having to pay a 3rd party to fix it.
Fartley Contract Renewed
Looks like the Ford family just handed out a few more years of free money, proving that "d-mb" is a relative term when you've got $19 billion to burn. Sure, he was an arrogant id--t who took a job he definitely didn't qualify for, but let's be real: that's on the genius who thought hiring him was a good idea. At this point, the only one actually leaving is the rest of us.
Alight Fires People who did the right job
The CEO is a maniac and literally fires people without knowing what they do. It's an odd strategy for success.
Summuray of how $hit DXC execs are
DXC traded around $59 per share in 2017 and spiked to $96 per share in 2018. But since then, save for a surge during the 2021 tech bo-m, it has been a long, slow decline. On April 30, it closed at an all-time low of $11.32 per share -- that is since it went public as DXC in 2017.
On an average annualized basis, DXC stock has dropped 17.7% per year over the past nine years.
What constant cuts really mean
A healthy company hires when it needs to and keeps people when they're doing good work. A failing company cuts over and over, calls it restructuring, and pretends things are fine. We've been through how many rounds in the last few years? Certainly too many. That's not a sign of a strong organization.
Short Short Sightened leadership
Nike - A marketing company - I seriously doubt!
Think about well to do well taken care off employees, across different regions. They should have been the best brand ambassadors of brand. Each well taken employee can easily bring more revenue by sales as people around their community beleive in the brand. But heck no... These thought process can only come from born leaders and visionaries...
The time has come
DW is laser focused on running the org to failure. So rather than fight him, let’s help him. Next time you see poor quality work or a way to help… don’t do it. Even though you may think you’re the better person… don’t do it. Nothing will change until a true failure. So while contrary, push the activity along to failure. There is no longer honor in preserving this legacy… if DW doesn’t see the risk of becoming a takeover when everything fails (see Macondo) then it’s not our job to convince him.
And if you think that you are saving your pension or any other financial security, don’t worry, there are already plans to ki-l those. At this point, we have nothing to lose.
Leave
Here is what I don’t understand. All reps and managers come on here to complain knowing that with this regime nothing is going to change. Look at the East same d-mb VP and same d-mb senior directors. They are a click. They hire people that will not rat them out or people that will not question their poor leadership. None of them have 1 leadership bone in their bodies. Ask any of them about their plan to lead their teams. It’s all calls and pips and write ups. The funny part is she said on the all managers call you need to inspire your reps. Bit.. you can’t inspire your yourself. If there is any real leadership they would all be gone now. I’ll keep this job till I find something else or better yet I hope I get riffed.
No meetings today
No emails, no notable departures, and now most thinking about it into next week. Poorly executed already. At least last year was done the next day. Typical step backwards.
Communication issues
Anyone else dealing with a manager who treats information like it’s classified? Getting even the simplest thing feels like pulling teeth. At this point, I’m losing more time chasing answers than actually doing the work.
3M PSD
It’s hard not to notice the growing stagnation within 3M’s PSD division. For a company long known for innovation, the lack of meaningful new products coming out of this group is concerning. The pipeline feels dry, and the urgency that once defined 3M’s culture of invention seems to be missing. Just chasing lost business now.
Equally troubling is the apparent gap in leadership. Strong leadership should inspire direction, accountability and momentum and there’s a sense of drift. Without clear vision or decisive action, teams are left without the guidance needed to push boundaries or bring new ideas to life.
Employees feel it. When innovation slows and leadership doesn’t step up, morale takes a hit. Talented people want to build, create, and solve problems and not sit in a holding pattern.
3M has the legacy, talent, and resources to do better. But without renewed focus on innovation and stronger leadership within PSD, it risks falling behind where it once led.In addition commercial effectiveness is a total joke.
#3M #Layoffs #Innovation #Leadership #WorkplaceReality
How's the restructuring going?
The best people being kicked out again? When I was let go last year, what was left of our team was a joke. Just a few a-s-kissers. I wonder how that worked out for them. I hope things are better and at least they're getting rid of actual low performers this time, but I doubt it.
Why does everything have to be a last minute emergency?
We get deadlines dropped on us with no warning constantly. I'm so tired of scrambling because nobody plans ahead. This is no way to work. It's no wonder they have to do layoffs to hide the fact things are not going as well as they'd like everybody to believe.
Is Five9 engineering this dysfunctional everywhere?
trying to sanity check something.
I’m an engineer at Five9 and honestly I can’t tell if my team is just dysfunctional or if this is how things are across engineering.
In my team:
Communication is basically nonexistent. Half the time you don’t even know why decisions were made.
Priorities make zero sense. Everything is urgent until it suddenly isn’t, then something else becomes urgent. Also, the roadmap is always changing.
Managers don’t really seem to understand the technical side, which makes things worse.
Code quality is rough. No consistency, no standards, a lot of stuff just feels hacked together.
Documentation is almost zero, so you’re constantly guessing or reverse engineering things.
Architecture feels like it just “happened” over time instead of being designed.
It makes it really hard to do good work or build anything properly.
Genuinely curious: is this just my team or is this the general state of engineering here?
Would appreciate honest answers from people in other teams/orgs.
How has MF been the only exec to survive the last 5 years?!
Literally every downfall is directly connected to the CFO. Margins, inventory, discounting and horrible guidance.
How does this guy have a job?!
The Silver Linings Layoff Playbook
If layoffs were executed according to the following playbook Nike would almost certainly be better off.
Let go of employees at the Director level or above who:
- Started at Nike post 2010
- Have only worked for Nike
- Were ‘promoted in place’ to receive their current title
While I’m sure there are a few good leaders that meet the above criteria, as a general rule this cadre of leaders are near useless in our current predicament.
Much like every stock investor is a genius in a bull market, leading when things are going well is easy. These folks have no experience managing through adversity - and it shows.
Nor do they have career experience outside of Nike to draw upon for other ideas. This means they will stick with the status quo: things that worked in the past at Nike that are no longer working now.
Lastly, because they received their titles without undergoing a competitive interviewing process, the scenario surrounding their original promotion bears little resemblance to the environment that they were re-orged into. Despite this, they retain the inflated title.
There must be a few hundred candidates that meet the above criteria, maybe more?
Stankey Has No Vision
He's a bald meatball with no spaghetti, ziti, or cavatelli.
Poor performance culture
DXC promotes a poor performance culture.
If you do a great job there is no benefit to you. That then encourages the person to either leave or wind down their performance.
The poor performer only has to avoid a poor 3 rating. Just do enough... They will never leave.
You are left with a pool of poor performers..
any insane corner cutting going on in your store?
Our new store manager has skipped the sale set for the last two weeks. The prices are just totally wrong throughout the whole building, and we are told to do overrides for the customers. Anyone else experiencing anything insane like that?
Moving deck chairs on the titanic
Heard they were busy moving the deck chairs around on the ship just as it sank into the ocean, does this sound familiar?
We are being led down a path of destruction
The current AI push from senior management and the directors will bring this company to its knees. These people are too old and out of touch to understand what this technology actually is. It can be utilized in productive ways by individuals that have experience using LLMS and have a solid grasp of what LLMS are and what they are not. You cannot vibe code our systems. You need to hire and train journeymen so when the seasoned experts retire you have competent people to take the reigns that actually comprehend what they're looking at. Script-kiddies used to be a bad thing, now we're building on the backs of something much worse. For any manager reading this, when has copilot ever told you an idea you have is bad? Or even offered a different suggestion? It hasn't, because these models are trained to retain users. And the best way it does that is through sycophantic praise. I thought we had intelligent people at least making decisions for us. After seeing that AI ignite training I now understand that we are in for a very tumultuous time ahead. For any coder on here, keep learning and cutting your teeth on the stack. You will be needed once our leaders destroy this company. And for the process and maintenance techs, don't let them make you feel inferior or easily replaceable. These systems are powerful but we need the creativity and problem solving of you to make this company succeed. My heart weeps for any young person getting into what used to be a very presitigious career path. Please do better for the sake of the families that GF keeps fed.
Why is senior leadership never held accountable?
How do they keep getting away with things that would get anyone else in trouble?
Hold my beer …
… is what the chairman of the board likely said when it was assumed that Mark B. brought OpenText to the lowest depths possible. Jenkins is doing a great job of flirting with stock prices in the teens, which he will soon reach, and destroying what little morale was left.
I was let go today after receiving a great review and a hefty merit increase. I worked hard and produced great results. And as the case with many others before me and today, Mr. Jenkins and his ilk said sc--w you. Meanwhile, the two-legged snakes, family members and ever-shrinking legion of sycophants blissfully flop around in the increasingly pot of boiling water.
This ship has already hit the iceberg and is sinking at a faster rate than it was during the disastrous regime of Mark B.
The 3-book series on AI will not save this company, nor will the line-up of summits in Canada will not save this company. It is too late for that.
To all you good people still stuck on this garbage scow, find a life-raft now. Because if you thought marketing campaigns featuring scary muppets, goats and bland superheroes were bad, the upcoming Canada-is-a-trusted-player-in-AI campaign will “elevate” your opinion of those disasters.
Five9 stock hit lowest in last 52 weeks!
$15! Different Nepo circles in leadership ruined the company
Being laid off would have been better
They eliminated my position and moved me into something completely different with zero training or support. No one ever explained what success looked like, no one checked in to see if I was managing. It feels less like a reassignment and more like they were setting me up to fail from day one. Six months later, I'm exhausted just trying to keep my head above water.
I still don’t get it
How can Steve B still be here when you look at the results (internal) and the stock price (external result) and the trend over last 4 years (consistently down so it is something systematic). I am genuinely asking as to how the dynamics and politics of being a CEO work. I don’t get it
Very bad furniture
This furniture is very cheaply made and will not last long
Rise and Fall is Why layoffs happen in union absorbing companies
Mass exodus by choice and some forced out. All locations are trimming fat so they can find a viable suitor for each non performing business unit. Glad I left before more cuts. Poorly ran from the top down, and frankly the union that exists in many locations is the downfall of any company with potential. Less than 7% of companies have unions and they all struggle, all layoff and eventually sell various business units to divest that waste and added expenses that union employees present to companies.
How did this happen?
Who's to blame? Ten years ago, the idea of something like this happening to Saks would be laughed at. It takes especially incompetent leadership to bring us to this point. We're losing our jobs because of them. This makes me both so sad and angry. This could and should have been avoided.
Worse place to work!
Worse place to work this bank treats their employees like trash.
The Brave People of FCRM
Shout out to all the brave folks in FCRM for speaking the truth about the simmering disastrous situation that has been ongoing for few years in FCRM that upper management has been confronted with it and had no chance of getting away from accountability and passing the blame onto middle management, playing dead and tone deaf like they had for so long. John will tell Derek and let’s see what they come back with. Power to the people, if they think meetings will be cheerleading and butt kissing like What happens with Charlie they need to think twice. The bucket is full and has been full for so long, they need to admit to the injustice, corruption and failures has happening that only their full selves and delusional minds can portray as success! We all saw it! Today FCRM folks fought back against injustice and corruption and deserve to be recognized for their bravery for speaking up and not fearing retaliation.
Ted Pick is not a cut on James Gorman
We've replaced a human being with a capitalist cutthroat.
Culture going down the pan
Ranks of useless middle management
Gorman would be saddened by what is happening
What if
Noelle never led IT and Katya/Gina did not lead digital?
Really nostalgic for what the company once was before these two/three
Market Cap 900 Million
This company is begging to be sold, but these Execs have ruined any and all value. The weird old CEO is way over his head. All he knows how to do is lay people off. Should go to Georgia State and take an Econ 101 class. Could only help. He couldn't get into tech.