PROFIT WARNING JULY 2016 ! DANGER ! - werkgeversreview VP Sales bij Swatch Group

The swatch group is clearly facing huge problems, and the profit warning of july 2016 is a clear confirmation. the shares (UHR) lost 50% since january 2014. When a multinational company is handled like a bakery at the corner of the street, with no strategy, no vision and no management, you can expect only this. The atmosphere is oppressive and old style. the employees are kept under control in every possible way, even when they surf on the internet. In conclusion...be careful! the company is bleeding profits and they have no clue about how to handle their financial situation. sooner or later they will start downsizing