Folks, you are sadly mistaken if you think working for a PE group isn’t about making shareholders money. You got a pretty good preview yesterday on the call. The one team culture. What do you think that means? From the research I did on the new CEO…it means his way or the highway. Sorry to say, the culture is only going to get worse.
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I have a lot of faith in RP because he knows digital and has experience in Higher Education. People who have worked with EK talk about his ego. It's Huge!! He does not like to be criticized and he does not like to be wrong. So we shall see.
I’m a really cynical and jaded person, but some of you are surpassing my levels of cynicism. Can’t you just not assume anything until you have some time logged with the new owner?! Maybe he has great ideas that will actually help us succeed. Maybe we will go down as a burning ship, but to immediately go to the most negative place is not helpful.
I'm counting on Father Christmas and the tooth fairy...
Take your negativity somewhere else. You complain when nothing is changing and complain when a hopefully good change happens. Can we at least give the investors a chance before you knock them down? I’m hopeful some fresh ideas will right this ship!
Jefferson River will do one of two things; build back better or tear it down ans sell off what they can.
100% correct.
Investment Company's don't have an altruistic bone in their bodies.
They have done the calculations and they have a plan and a goal.
THEY are not going to do a TL, buy at $200m and sell at $50m.
Hold on to you hats in the field, they won't be throwing money at you.
Jefferson River will do one of two things; build back better or tear it down ans sell off what they can. They must believe they'll be able to recapture their investment and then some. It will be interesting to see how that plays out.
The original poster is correct, have fun.
I read a lot about the new CEO. He is obsessed with the little things. The emails we are suppose to be capturing at checkout and the stupid surveys nobody does, will be pushed immensely. Digital digital digital. Make sure everything is perfect if he visits your store because he will criticize everything. This is probably going to get deleted because the last two that I posted about this guy got deleted as well. So if you're reading this, good luck people.
What does all this mean for people that still work in woodridge.