Woolworths CEO stepping down after yet another train wreck interview. Seems all that virtue signalling came back to get him.
You really think he’s quit over cancelling product lines? Weren’t you predicting Woolworths would collapse over that or something?
It’s a pretty predictable response to the competition enquiry about to ramp up over the next few months. Outgoing CEO gets a huge pay out, new CEO can say “we’ve fixed all that”.
You really think he’s quit over cancelling product lines? Weren’t you predicting Woolworths would collapse over that or something?
No, I think - as does almost every media outlet - that he has “stepped down” (though we all know he was asked to jump before he is pushed) over the back to back controversies he oversaw and that he handled in the worst possible ways. I didn’t predict that they would collapse, I predicted that they were going to “find out” after fucking around - and here we are, the CEO pushed off the ledge.
It’s a pretty predictable response to the competition enquiry about to ramp up over the next few months.
To fire the CEO before the competition enquiry has happened? That’s predictable? lol. No, what would be more predictable is them firing him after the enquiry is finished and has laid out all the anti-competitive stuff they’ve done - not before.
Preposterous.
CEO doesn’t make decisions about what product lines to discontinue. He didn’t create the Australia day thing.
Of course you fire the CEO before the enquiry, so you can divert blame during the enquiry. “Oh yeah maybe we did some bad stuff but it’s all fixed now”.
Woolworths is not “finding out”. They are, and will continue to be, one of our largest and most lucrative retailers. Seriously. How do you think Duttons boycott is going? Do you think product managers regret discontinuing the Chinese plastic flags?
Just as it was a month ago, any assertion that Woolworth has made a mistake in discontinuing Australia day merch is just absurd.
Frankly, I’m genuinely surprised you’re still fretting about it.