[oblomov]

Nardelli a cost-cutter? Heh.

[dyed_in_the_wool]

Nardelli a cost-cutter? Heh.

My thoughts exactly - the guy was a disaster at HD and not because he was a cost cutter but because he added non-core businesses at great expense. First thing HD did after canning him was sell off that albatross distribution network Nardelli created.
I think I bought my last Chrysler. There's plenty of fat to be trimmed and they brought in Rosie O'Donnell for an exercise program.

[caver]

“Nardelli a cost-cutter? Heh.”

Well, yea, he’s a cost cutter. He cut enough at HD to pay for his going away present.

[GadareneDemoniac]

Nardelli cut people at HD who knew something about what they were selling. People with seniority or managers who had compensation plans set up by the people who built the company got the axe.

My information comes from a high school buddy who used to work at HD. I don’t have a dog in this fight except that at one time a homeowner like me could go into HD and get some meaningful help from employees. Now? They’re across the street at Lowe’s.

IIRC Nardelli came in from some consulting firm like McKinsey or someplace. Those guys CANNOT run a company (except into the ground).

[unspun]

I sure hope that the quality of Chyslers will not be equal to the quality with which Home Depot customers have been "served," over the years.

But, I'm not hoping very much.