Worst reorg ever!
2 weeks in and no all clear, no conference calls letting you know what's happening. 4 cryptic emails that made about as much sense as Athina getting promoted. No maps of the new structure, just some covert calls letting some people see the details, HR controlling the invitee list. The names of those we lost trickle out slowly usually by a full mailbox on Outlook or an extended vacation status. No relief to the stress caused by uncertainty, rumors already flying about Februarys next slash job. Dead weight is still employed good people let go a dozen days before Christmas! Lopsided top tier brass still clueless, off shoring still in play, cr-ppy raise and bonus is your reward for another year of trying to stay afloat!
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@dr The fact is the CXOs still take millions back and laugh all the way to bank, and asking shareholder for salary raise each year, no matter the performance of the company.......they don't care about us!
People will know more in January. Next cuts in March. Q2 will see drastic changes. Location level impacts across chips and drinks. A true one company means they don’t need all of the employees. Unfortunate, but that simple.
Start looking to protect yourself.
Very well said. Ronald McDonald would probably be a better candidate than our current leaders to Reorg
It's always amazed me that the clueless clowns who got the organization in trouble are the ones that are supposed to get it out of trouble
All reorgs are toxic. It’s admission of mismanagement and an attempt to correct in one massive sweep. If it weren’t for mismanagement a Reorg wouldn’t be necessary. The true problem with a Reorg is the people doing the mismanagement are the creators of the new reorganization. Funny this one went back to regions basically admitting the last Reorg was a failure. Going back to once was and acting like they had created the wheel. 3 years from now we’ll be going back to a division structure and executive leadership will be patting themselves on the back, again like they created the wheel. The Elliot group had the right ideas. If they want a return on their investment they need to dig in their heels for franchise. If not I hope they can get by on dividends! 4 billion that’s a huge bet, and shortly after a lawsuit from San Francisco. Watch out for the skeletons in the closet. Dig in your heels ❗️
@cv I am sure SLT would have packed up and enjoying beaches somewhere
Trying to help the bottom line but I fear the damage done to those people that made it with job in tact is huge. Always looking over your shoulder for the next phase. When good people start leaving because they’re looking for a new, better, stable company with a promising future. They’ll all be scratching their head wondering why, but we’ll know why.
I would have been nice to have our SLT provide some much needed detail on new ways or working and org structure before the NY
Well, it is the org trying to cover their behind from a shareholder lynching. It is a bunch of shuffling to appease the investment analysts and community. If anything, things will get worse while everyone is trying to train new managers.
Pathetic ain’t it. The only info shared is of the senior leadership team and their promotions to CXO. No empathy for the rest.