What did the board expect, advertise to all and sundry that AMP is for sale, and of course decent staff are going to look for more certain and continuing employment. The board needs to stand up and tell everyone what they consider the future holds. Are they selling or are they working on a turnaround. They cant have it both ways. Staff need to know that they have secure jobs in a growing organisation. As well clients need to know that they also are in a secure position.
What a farcical business. Appoint a woman as Chairman, and while I am not against woman executives per se, but obviously Hazleton is not "street wise" enough to turn this company around.
Mind you even if they announce that the company is in turnaround mode, it doesnt prevent a suitor coming in and taking over. The board would have made the worst poker players. Dont show your hand until you have to. Also takeovers do occur even though you haven't invited them in. In fact they are the best takeovers, the price is usually higher.
What a shit show. Whiskey Tango Foxtrot.
What did the board expect, advertise to all and sundry that AMP...
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