Registered: 1537362059 Posts: 1
Reply with quote #1
What is going on here? I hear that in the past 12 months they have lost multiple tenured and chairman club sales reps (8-12) and that the DSM structure is in a constant state of flux with one resignation, one transfer to a different opco, two DSM's swapping areas and one DSM to another department. From what I understand they are losing the sales force to PFG and the DSM's see the writing on the wall and are looking for some type of life preserver either in another department or with another company .
I worked for this opco a couple of years ago and moved out of the state but keep in contact with a few people and it just seems that the whole culture has changed. It is truly sad to see an opco that had such a positive culture and so much energy become an opco that has a pernicious culture and feel no need to listen and to take in account the sales force and what is going on in the trenches. With this being said hey Sysco stock is up but its not from what they are doing here, It is the acquisitions overseas. I still have my shares from 15 years with the Corporate monster, when the decline happens with them (which is bound to happen) it will be time to dump them.
Registered: 1528595138 Posts: 20
Reply with quote #2
I assume you are talking about Sysco Columbia (SC) ... well, they have a new president who thinks he knows everything, and whatever you have done, he's done it better, faster, quicker, cheaper, etc ... He is to Sysco like Al Gore is to the internet, so just like Al Gore thinks he invented the internet the new OPCO president there thinks he is the know all/be all of Food service -- and he will step on and use anyone and everyone to get his way and to make himself look good, a true Stab In The Back kind of guy.
You should have dumped the shares about 3+ weeks ago when it hit $75, now, it dropping each day, unload soon (like in the movie Trading Places at the end, they are yelling SELL, SELL, SELL!!! Tell your friends at Sysco to get out of there and go to another smaller company - the culture, climate, everything is changing to the Pepsi Way ... https://finance.yahoo.com/news/sysco-gains-18-u-foodservice-143002488.html
Registered: 1472859802 Posts: 28
Reply with quote #3
Cheney is moving in to the area to close the gap between GA and North Carolina