Thread regarding Cargill layoffs

So "The Greatest Chapter" is laying off 20k people

"I am confident the best days for our company, and its greatest contributions, lie ahead"

"Sikes' leadership philosophy centers on people and culture, key elements he believes are integral to sustaining growth"

about dmac
"He reshaped the fabric of Cargill and built a solid foundation, business model and culture that positions us for long-term success"

So this is either boards and Brians sense of humor or the "culture" they are soproud of. neither is very convincing.

The way they handled all this and ruined holidays speaks volumes about how much they care about people.

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| 4221 views | | 5 replies (last December 3, 2024) | Reply
Post ID: @OP+1vLFnUn6

5 replies (most recent on top)

Got laid off from cargill back in August. None of the decisions the executive team have made in recent years have made any sense. They’re a large ship ala the titanic that isn’t agile enough to avoid the inevitable.

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Post ID: @2llc+1vLFnUn6

While I believe each member of Cargill's Executive Team has a measure of blame for how poorly this lastest "transformation" has been handled, I feel compelled to offer special recognition to three members in particular:

Our amateur CFO Joann Knight, who began her tenure wearing rose-colored glasses to explain Cargill's slowing results in FY24 and now leads a hot mess of a function that makes Adam's finance group look world class.

Our self-proclaimed data driven CHRO Stephanie Lundquist, whose retail background at Target was such a perfect fit for Cargill and her marketing savvy of belching out Cargill's new behaviors in front of a large layoff begs the question - will Target's return policy allow us to give her back?

And sadly, the individual (CEO Sikes) that hired one and promoted the other, in addition to some other additions to the management team that haven't set the world on fire. No wonder the preparation for Cargill's greatest chapter (to occur no earlier than 2030) is going to be a five-year slog of pain.

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Post ID: @wld+1vLFnUn6

Same here..a while ago I wouldn't think about leaving Cargill, now I feel like it is the worst company I've worked for. I Don't trust the leadership anymore, neither their decisions.
(BOARD) people first

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Post ID: @qtl+1vLFnUn6

Even if I am not impacted, I am out. The damage is done and I have zero trust in the people leading this company. I have been looking for another job and once I find one, I'm gone without notice. This is a bridge I will happily burn and not look back.

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Post ID: @jce+1vLFnUn6

I lived to see cargill behave like a careless startup where leaders ask us to have "owners mindset" while organize a huge layoff.

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Post ID: @zca+1vLFnUn6

This entire ordeal is going to set back Cargill significantly, and climbing out of the hole will be a daunting challenge. They’ve mangled this entire process and have lost the faith from even the most loyal of employees. Regardless of whether or not people are safe the following weeks, there is no doubt that there will be a significant knowledge drain due to people leaving for more desirable positions. The market is struggling, yes, but the lack of transparency and poor communication from leadership is quite possibly the biggest red flag for a sustained down-swing.

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Post ID: @tfv+1vLFnUn6

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