- IceBerg is getting groomed to take over as CEO, multiple moves to get experience, but huge gap in how the actual operation works
- CPDO turned EVP of Innovation turned into a Car Sales headpiece finally given his golden parachute. Golden boy of investors didn't move the needle for Sandeepsht
- New CIO announced outsourcing most technology to India.
- Failed workforce planning department thought they were getting better by Israeli Palantir, but were off and now field ops is on a hiring freeze.
- New HR sends more emails, but hasn't fixed the negative culture, banking on Miss Ditz in the communications team to spin the ugly truth.
- Gillybean spends more money on cigars in a week than all of the money toward capital improvements at the field locations for the year.
To be continued - comment with big items missed
4 replies (most recent on top)
@ac How can we go back to basics with antiquated systems and new systems they essentially deploy to the field with no guidance. Seems like every time a new oracle version is released the company doesn't cascade the info properly and many are stuck in the dark.
@dq I liquidated my stocks. This company is most likely going under.
Seriously considering liquidating my useless Hertz shares before we go the Spirit way. Bill Ackman must be having some serious buying remorse at this time - buys 20% stake in the company flagging the stock would hit $30 by 2029. Here we are at $5 after 2 years trying to move the flywheel of basics. If by now we couldn’t even hit a share price of $10, we’re seriously in trouble!!!!!!
You mean the going back to basics parrot talk didn’t work?
Basics of what the company was?
So what they’re saying is the plan is to go backwards….ok got it. Let’s all heavily invest into a company that states their obvious poor plan.