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> Going forward, we will be focused on fundamentally changing the culture, stabilizing the business, and improving program execution, This is corporate speak f
by mdorazio 2y ago
> Going forward, we will be focused on fundamentally changing the culture, stabilizing the business, and improving program execution,
This is corporate speak for “I don’t have a real plan and probably won’t gut leadership and start over like I should.” I wish the board would force some bigger changes already.
- ceejayoz 2y ago"We'll try stock buybacks, that always works."
- rob74 2y agoA stock buyback only makes sense if they think the stock is undervalued, which I'm not sure is the case...
- immibis 2y agoThe comment above this one relies on the unproven assumption that facts and calculations matter.
- ceejayoz 2y agoIf your only goal is to be fiscally responsible, sure. If you want a short-term boost to share values and don't care about the long-term damage (as is demonstrably the case in Boeing), no.
- 93po 2y agoDoesn't it also make sense if they have a ton of cash and not a good place to spend it? It's basically like a dividend right?