Where did all the good money go @ Eastman?
Posted in the Eastman Chemical Forum
#1 Nov 6, 2008
CEO of the year? Beating the market 3rd Quarter? Over a Billion in Project reinvest? Well, it's amazing how a company can brag about such accomplishments yet start laying off dozens and dozens of people. How about "reinvesting" in people vs. image building?
#2 Dec 16, 2008
Sometimes one has to mow the grass to see the real lawn beneath. Employees with cushy jobs sometimes become content and don't contribute. When that happens new blood needs to be infused to continue the growth of the lawn. If one looks at the last 5 or 6 years, one has to conclude the leadership at Eastman has made the right choices at the right time, and the choice to let 40 or so employees go also falls into that realm of good choices.
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