We’re talking about accountability. The first step in true accountability is admitting failure and taking ownership of one’s actions. Yet, ELT and Senior Leadership seem to believe that accountability applies only to employees, while leadership accountability in this company remains severely lacking.
To date, no one from the ELT has publicly taken responsibility for this layoff. The real issue lies in the flawed strategy ELT has pursued over the past several years, which has brought us to this point. If MW and the ELT expect employees to be accountable, they should lead by example—starting with a pay cut. Furthermore, leaders who have failed to deliver or have merely maintained the status quo without notable contributions should not be rewarded with higher positions.
The root cause is evident: we prioritized short-term margins and financial metrics at the expense of sustainable growth. With ELT largely composed of downstream leaders, we neglected long-term expansion. Now, the gap is too wide to close quickly, and if we rely solely on organic growth from exploration, it will take at least a decade to see meaningful progress.