The billions of dollars being wasted on these bad business ideas is astounding. This could be shareholder dividends or employee bonuses instead of thrown to the wind. Anybody know if these people are still employed, working to lose even more money?
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While in college I thought auditors actually verified the substance behind the company reports.
While an employee I learned that this is not true. The auditors only review the paperwork prepared by company management. The auditors collect substantial fees from the company they are auditing. The auditors are instructed by their managers not to look closely.
It was a running game to Spy The Lies in communications and reports. All the missteps could of been avoided with proper vetting and oversight. House of Cards.
I have a feeling that their Silicon Valley leader may be the next replacement CEO....
Yeah sure. Most of the people on these teams are in the "PLP" program. Huge joke of an automatic promotion program for incompetent execs to put their sycophant favorites in and claim they are brilliant. I have worked with so many of these people and all they do is blow things up as they have no idea what they are doing before moving on to another hand picked project. Then of course get p promoted again. A joke.
They'll come up with a winner soon, some area of growth. If they don't I agree they should be canned.
I was wondering if the DPS6 decision makers should be prosecuted and maybe face jail time