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To me, he comes off as a guy who seems to be nice, but, very dumb. He was brought on board to be a fall guy. Like any good flunky, he will do whatever the company asks, and later wonder what happened.
John Donahoe has taken the fall as the guy who came up with all the changes that are going at ebay. They weren't his ideas. But, he is taking the heat.
I believe ebay has a sinister plan, and it has been in the works for a couple years now. All indications are EBay was no longer a solid investment opportunity. No room for growth analysts shouted last year. So, I believe ebay hatched this crazy idea to reorganize the company. One of two things would happen:
1. It would be a huge success, and ebay would now have room for growth.
2. It would be a huge failure, and ebay would by default have plenty of room for growth.
If it succeeds, everyone, including the fallguy (Donahoe) is happy. If it fails, I suspect ebay fires Donahoe, and brings in a new CEO (or brings back Whitman) and promises to bring things back to "normal", hoping to bring back those who have left ebay. But, has ebay gone too far this time? And, by paying to manipulate the listings, and stocks just makes me wonder, "Why is ebay willing to pay millions, rather than admit they screwed up?"
James R. Pouliot CEO CSAA.
They say they are taking the what usto be non profit company to profit and never told a sole. now that they are for profit. CSAA in my opinion has become a money hungry greedy company that does not care for its employees. I worked for CSAA for 26 years myself and several others 20- 30 year employees were cut loose. Its better to do buisness in Oklahoma or Arizona (cheaper) and to have Arize agents take our incoming calls, we dont have to pay them benifits and we can cut salary's. What once was a great company to work for became a greedy money hungry pit. All members will soon suffer from poor service levels and under paid staff. In time they will learn from there mistakes.
I only wish well to CSAA for I understand the "bottom line" theory. I just hope all of us can find new jobs with good companies.
Also, They take about 2 months to complete a RIF process. For the love of God, you guys have no freaking sensibility at all?
I have changed careers three times in my tenure, growing and developing with each new position, while building upon the knowledge I already have. I know so many people here like me. We believe we are doing good for our patients and that the company is doing good for us.
Art (or Uncle Art, as many of us old timers call him-unofficially) is a perfect example of how a good CEO can build a strong company. I hope he continues to shine in his bright light on Genentech for many years to come.