Six Warning Signs Your Company May Be On The Verge Of Collapse

http://www.smartcompany.com.au/finance/cashflow/45599-six-warning-signs-your-company-may-be-on-the-verge-of-collapse/

Allow me to bullet a few of the most familiar points that sum up our situation:

Revenue Drop

Poor Management

Slow to Respond

No Courage But Lots of Confidence

a few great quotes from the article:

'they believe everything good that has happened to date is due to my genius or talents but everything bad is to do with the government or another party' (the tare weight disaster!!)

'the period before a company collapses will often be marked by a “period of hubris and exaggerated confidence” on behalf of directors or management and this can be associated with expansions or acquisitions that “mask” the true financial state of the company' (all the 365 hype, and regular arrogance that happens in the stores everyday)

Yikes. It's over people.

Comment! It's anonymous!

4 replies (most recent on top)

Yup. Reading down the list I was like "Uh huh, uh huh, yup, yup, yup, yup." This summers not over yet. There's gonna be some interesting 'horizons' for this company. Just s---s so bad that people like me will be shafted with no job, and people who got us in this hole with get a pillow or a pat on the back.

Article nails it. It's time for a serious inquiry into this firm's accounting. The outlook being promoted by management is clearly designed by a consultant named Ms. Rosy Scenario.

Whatever, dude.

This is an Australian article. Still makes sense. But there are lots of articles like this and every time someone posts one it's verbatim something that the WFM Mis-Management team has done or is doing. Just leave, I promise the world's so much better outside of that volcano.

Thread regarding Whole Foods Market Inc. layoffs

Six Warning Signs Your Company May Be On The Verge Of Collapse

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