CEO driving the company to colapse - Research & Development Manager BAT Employee Review

1.0
15 Feb 2023
Recommend
CEO approval
Business outlook

Pros

work environment, knowledgeable colleagues, cooperative environment

Cons

The CEO is taking multiple initiatives to drive short-term profit, at the expense of long-term viability of the company: shares buy back, prioritizing dividend payments, massive and recurrent employee layoffs (he publicly boasts he already saved £2 billion from firing people), adjusting the salaries of employees by 1/3 of the official inflation rate, making very risky decisions with compliance and claims, the list goes on for kilometers. He is implementing every chapter from "Double your Profits", from Robert Fifer, including destroying value in the supply chain and demoralizing the workforce. BAT is following the steps of KHC (The Kraft Heinz Company), which will end with the collapse of the share price and the dismissal of the CEO, with a massive golden parachute.

Explore other reviews about BAT

5.0
2 Oct 2025
Recommend
CEO approval
Business outlook

Pros

- Complete autonomy with schedule which provides for a nice balance between work and personal life - Impact people who are trying to grow their careers - Company car and free* gas is pretty nice

Cons

- Autonomy & freedom does leave time where you have to be self-motivated to keep going and push forward

2.0
11 May 2026
Recommend
CEO approval
Business outlook

Pros

Very strong compensation package, lots of very nice genuine people on the Reynolds US side

Cons

Toxic, politically charged environment, cliques of people each trying to place their own people in roles. A singular mis-trust and dislike of "outside" people who are brought in to move the company forward but the existing people who have worked there for years and years are all trying to protect and sustain their own roles and their own cliques. All show and pretty presentations but no meaningful, meaty strategy

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