3 ms·
There was a big change in 2015 when Ruth replaced Patrick as CEO. Most of the cost cutting dates to then. She has been undeniably good for the share price, but
by gmoot 4y ago
There was a big change in 2015 when Ruth replaced Patrick as CEO.
Most of the cost cutting dates to then. She has been undeniably good for the share price, but it's a two-edged sword. There is a lot you can't do when you're focused on the share price.
- TheOtherHobbes 4y agoThis sounds very Ginni Rometty at IBM. The share price did well, the company and its reputation much less so. It's not exactly news that if you want to goose a share price, a big round of layoffs will "reassure investors." Especially when everyone else is doing the same thing.