Typical soft shell CEO looking for an out, that’s that now, implementation of Option 6 or is it 7 now? What comes after the first round of layoffs, you know they have a list of other measures possibilities.
“It’s just one can” didn’t cut it.
These corporate decisions are made and agreed upon by a board not an individual, so the marketing VP got launched which was way too long after the collapse and of course with indecisive hesitation probably again, for identity politics.
They played their cards based on social governance compliance rather than remain steadfast to commonly accepted marketing practices. A bit late to the social pioneering game. They followed the wrong leader. They took a social political stance to a draw favor. And still refuse to acknowledge or admit clearly the intention and the fail.
Happens to the best of companies when the product fails to live up to an array of standards. Not every storm can be weathered.
A-B is going to poor-mouth, hacking away at the employee rolls where it gets the most public attention and it seemly again - puts that same blame on the consumer that won’t buy the product all over again.
Seems a Bail-Out is brewing.
So now what, A-B is going to stiff some creditors? Look for a Gubmint handout to regroup?
They’ve already and will continue to blame and accuse the consumer sentiment rather than take the hit. There are other ways to alleviate layoff, rearrangements and cutbacks should have been forthcoming sooner, but punishing by layoff of the the low level employee is not going to be benefit the company on a whole and says a lot about the the upper management.
Yes A-B needs to take a look down where it counts. Grab what matters and take control.
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