Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Deere’s new CEO is really getting rid of the dead weight. Managers who are managing other managers who are managing other managers. 2 out of 3 ain’t doing crap and making 6 figure salaries.
This is happening at the Company I just retired from. Cut,Cut,Cut with early buyouts of the most highly paid. And yes Managers who are managing other managers. Also going after the field sales force. Chopping it down to a few grunts for special projects. But hey keep that pension funded and the stockholders happy first. All while protecting their own asses.Deere’s new CEO is really getting rid of the dead weight. Managers who are managing other managers who are managing other managers. 2 out of 3 ain’t doing crap and making 6 figure salaries.
Short term prioritized over long term. Stock price is King. What it is 5 years from now is the next CEO's problem.This is happening at the Company I just retired from. Cut,Cut,Cut with early buyouts of the most highly paid. And yes Managers who are managing other managers. Also going after the field sales force. Chopping it down to a few grunts for special projects. But hey keep that pension funded and the stockholders happy first. All while protecting their own asses.
The general consensus is the new CEO is a mess and once he took care of his boys it was slash and burn time. Not good for long-term at JD.Deere’s new CEO is really getting rid of the dead weight. Managers who are managing other managers who are managing other managers. 2 out of 3 ain’t doing crap and making 6 figure salaries.
This, he is flailing around and by letting go so many people that have experience, even engineers being able to grab early retirement, he is losing tons of tribal knowledge. However, If he can change Deere internally, in that these people he is empowering are not fired if they are bold and propose a plan that does not work out, then he may have something.The general consensus is the new CEO is a mess and once he took care of his boys it was slash and burn time. Not good for long-term at JD.
They brought some dude from Australia from a company they bought. And he is totally destroying a great customer service biz. And ruining the lives of many. All for the stockholder. If they only knew how the company is run.....Short term prioritized over long term. Stock price is King. What it is 5 years from now is the next CEO's problem.
I don’t work for Deere but how do you know that 2 out of 3 managers aren’t doing crap. Did you perform a company wide analysis or you just made it up and don’t understand other peoples roles in the organization.
Yes but this company is also eliminating managers. It is a great company that has a meeting about the meeting about the meeting. Rule by intimidation was the rule. Everybody has a quota. I put up with 20 years of it. Don't get me wrong, it was a good job with lots of perks. But watched it become a shell of what it used to be. Luckily they pretty much left me alone as I was always one of the top salesman they had. I hit 65 and gave notice and they did try to talk me out of it. But I was ready.Any manager other than first-line will always “manage other managers”. That is proper.
There is quite a bit of that at Deere.Deere’s new CEO is really getting rid of the dead weight. Managers who are managing other managers who are managing other managers. 2 out of 3 ain’t doing crap and making 6 figure salaries.
That is the story that came across the news feed. Feel free to add newer ones if you likeOp: Why did you post 1Q results today?
That is the story that came across the news feed. Feel free to add newer ones if you like