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2 comments

  • JohnEReb

    [quote]The only thing I can think of is poor leadership and management.[/quote]


    That would be the reason. About 1993 Sears laid off 50,000 workers when they shut down their catalog mail order end of the business. Just a couple of years later the internet took off. Sears already had in place what it took Amazon years and millions of dollars to achieve. Poor management and leadership. Yep. Couldn't see a few years into the future.

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  • grdad45

    Yeah, some smart, liberally educated, MBA, decided to make himself a tidy sum by "saving" the company some money by dropping the people who were carrying the load, thus sending the whole thing down the drain. He didn't care, he got his golden parachute and moved on to the next victim.

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