Pros
Good brands, (had) capable people and (was) a nice environment to work in.
Cons
The appointment of the new senior management team at group level presents a critical challenge to the company's future. The new leadership's apparent lack of essential industry knowledge and experience raises significant concerns, especially since these appointments seem to be based on personal relationships rather than qualifications. This cronyism is a serious breach of corporate governance. The group executive leaders have initiated drastic changes, including laying off capable employees and reducing office space, all while expecting a sales turnaround. This strategy is highly risky, as it appears to be executed without a clear understanding of the company's core business model. Such decisions signal a deep misalignment between leadership's actions and the company's operational needs. This situation has had a clear impact on both internal and external stakeholders. It erodes employee morale and company culture, as talented individuals are dismissed. Externally, the market's response has been clear: the company's share price is declining, reflecting a loss of investor confidence in the new leadership's ability to drive sustainable growth.
