#Mismanaged

2023-07-31

Less-than-truckload shipping operator Yellow has folded after attempts to make their workforce take a poison pill so that the company could keep staggering on into ruin failed. The #Teamsters have asserted that #Yellow was catastrophically #mismanaged. Other sources say that Yellow's problem was that it was so heavily #leveraged that it couldn't get out from under the debt it had been loaded up with. There's probably truth in both.

FAR TOO MUCH of the modern #business #management world is based on the premise that it's absolutely fine to burn the entire neighborhood down, as long as you stole all the valuables first. Buy up a company to strip its assets and load it up with all of your debt, then walk away. In #MBA world, this is FINE. The lives you destroy don't matter because they're not real people.

I assert once again that the
#Harvard School of Business (and its clones throughout the rest of the Ivy League) and its theory of bottom-line management are among the most long-term destructive things to have ever happened to not merely US business, but to the entire US, both #economically and #socially.

Gladwyn d’Souzagodsouza@sfba.social
2023-04-29

welcomewithdignity.org/additio

#Title42 update: We are greatly dismayed by the expansion of funding for #ICE and #CBP, which are rife with #humanrights #abuses and #mismanaged funding. #Investment in our #communities and #humanewelcoming, rather than increased punishment and #incarceration for people and families seeking safety, will ensure a better future for all.

Gladwyn d’Souzagodsouza@sfba.social
2023-03-19

#Prevention better than excuses: Cities need to require #BehindTheMeter #microgrids, as our inability to eliminate #fossilfuels now, increases the power of wind, to knock down PG&E’s #mismanaged wires, which should have been undergrounded before the #NewNormal age of mega fires in the west, that caused politicians to moan about an unreliable #grid. #ClimateCrisis #CascadingCrisis #WeKnowWhatToDo

smdailyjournal.com/news/local/

Client Info

Server: https://mastodon.social
Version: 2025.04
Repository: https://github.com/cyevgeniy/lmst