We keep hearing about accountability and results and competition performance. Everyone who’s living through this agrees it’s a fiasco.
So how long before someone cops to the fact that we sc--wed up bad?
Not that we did a layoff. That sh1t happens. But that we did a layoff in the most convoluted, inefficient, soul sapping, productivity destroying manner possible. One that makes our performance worse and damages the all mighty TSR (still at the bottom last time I checked).
When’s the reckoning gonna to happen? And who are they going to hang this on? EB? ES? MN?
This didn’t just happen by accident. Poor decisions were made and then evidence of how poor the decisions was ignored. Whether through negligence, incompetence, or only talking to consultant…doesn’t matter.
But feels like the safe money is that no one admits we made any mistakes. Chevron will declare victory and move on. They will keep being directors. We’ll live with the consequences.