You think you have a long term career. You think you are safe if you survive the upcoming layoffs. You believe the SPIRIT values. Do not. The Dark Side has taken over and no one knows it yet.
So no more layoffs? The CEO said the dividend was highest priority two months ago. Subterfuge.
You think the recent ELT change was an act of cost savings and strategic brilliance? They screwed a thirty year employee who had been groomed for the CFO position so in their cronyism they could eliminate a position and reward the current CFO with a huge severance. Think one hundred million. Dollars. Watch the 10K next year. So your career is more a path to lies at the end. Cronyism lives. And the new CFO who is one of the most hated people in the company does not know the difference between a balance sheet and a Marlboro.
You think the VCIP shows stability. The executives have a low base pay and get most of their income with their annual myriad awards. They don't care about you. 91% of the total VCIP went to the leadership Forum.
Their strategic plan is to pray for high prices while they fiddle. What they don't tell you is that the COST project showed we had 7,000 too many employees.
Sharpen your saw and get out when you can. The Sith are in charge. You just don't know it.