i heard shell is going to follow the advise of a 23 year old from mckinseys slides and fire people and sell assets to reduce overhead costs!
holy sh-t the stock is gonna skyrocket wael is a genius!
5 replies (most recent on top)
Not surprised, McKinzey just gutted Chevron to the tune of 3 billion over 2 years. 1 billion of that will come from staff. They seem to be making the rounds.
Yes it would be much better to have a visionary that wastes money on bloated staff and green projects with no prospects for returns.
Wael will have to go as no one respects him and he has no ideas beyond cost cutting.
How is this “hot news”? This is duh old news. Wait 1.5 years rinse and repeat.
Wait... seems awfully similar advice proposed by McKinsey for our past re-orgs... this old idea was re-branded, re-packaged, and re-sold as a new product by McKinsey multiple times.