Heard from area VP that Q2 sales is looking bad and people are starting to pull in Q3 sales numbers. Looks like this is going to spiral down to year end with no actual growth. Second half of year will suffer due to pull in price increases.
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@1a5
They talk about EBO all the time. Unbelievable 2 decades spent on developing it
@196 well said. There are not much growth programs in TEBG anymore. All the so called NPI are just minor tweaks. Be prepared for more headcount reductions at end of the year.
TEBG started deteriorating a couple of years ago when WC started letting go of people who were actually working and promoting the ones who were saying ‘yes’ to her. New leaders from outside are essential to infuse new ideas. But this one …. Has no ideas and has not understood 3M. Rolling stone gathers no moss they say
@tv JK is an obnoxious lunatic, not a single creative bone in his body just shouting and aggression, no wonder all the good folks are leaving , TEBG is a hellscape
@qx VPs are paid primarily off stock performance. ie. In 2025, TEBG Group VP WB earned $829k base and $2.5M in stock award. Her and JK will make whatever deal they need to in order to make the quarterly number and drive the stock. Neither has a track record of staying on a job long and 'compliance courses' aren't high on their list of concerns.
Every high level is only concerned about meeting quarterly numbers. Its "kicking the can down the road" syndrome.
@dz Do you believe everything you read?
Watch their actions!! What they say vs what they do. The mendacious manager and the duplicitous director one day become the perfidious executive.
Compliance courses are there so that they can fire you if you do it and they have proof that they told you not to. It doesn't apply to C-suite.
@dz those emails are thinly-veiled instructions on what to do.
Ethics mean nothing here.
@dz TEBG Has done it extensively....
Its like the price increase announcement in Q2 customer all rush in with orders. The plants are now realizing that the volumes are dropping off from Q3. Panic mode soon to be triggered down from VP level
Soon enough the tide will go out and we will find out who is swimming in the buff. There is no escape there
Yes it is a violation of financial standards to do this. I would hope this isnt true since we have been sent emails and other documents from the CFO this practice would not be tolerated.
If elected government officials are manipulating the markets daily, what does it matter if a company does or doesn't follow financial rules/standards? We are living in a fake it, never make it economy.
Isn't this illegal? I thought I took a whole E&C course about it and everything.