In fact we'd prefer to have a much leaner employee base. It is clear that our bottom line can not afford it, and yet this executive recklessly went out and expanded the number of employees we pay by a greater percentage than the private sector employees he was hired to help. The problem is, much of our payroll doesn't even go to actual... employees.
We're paying people because they have back aches, or they're over a certain age, and we're even paying people for 99 weeks after they cease having a job elsewhere--whether they are looking for work or not.
Morale is low. Pitifully low. Our executive has not inspired, given direction, motivated, or enabled his team to set new goals, develop new ideas, or innovate new products. In fact, he has placed powerful penalties in the way of people who would do those things by starting private sector corporations of their own. Therefore, it is of little surprise that we have the lowest formation of new corporations since World War II.
Worse yet, our executive has been openly deceptive and dishonest in his reports back to us: his board of directors.
He claims that he has inspired the creation of 4.5 million new jobs, but to do so ignores the number of people that have lost so much hope--after getting their 99 week check from our corporation--that they have still been unable to find new employers. His real job creation rate is closer to 2.7 million by the most accurate--and optimistic--accounting. But deception did not end there.
The day after our executive gave us his last argument for why he should get to keep his job he would claim to have created 96,000 more jobs. But we would learn upon closer inspection that 368,000+ gave up looking for work altogether, and instead of counting them as jobless individuals, our executive stopped counting them at all, altered his numbers, and tried to tell us that fewer people were out of work.
The pattern of dishonesty and deception would be reason enough for termination.
But complete incompetence on every important factor related to the health of our corporate initiative is what screams out for an immediate change of course.
Sadly, more than 88,000,000 people are jobless. But again, our CEO's numbers, in all of the reports he gives us, never reflect this horrible reality.
So we know that he implemented the plans of direction that he honestly believed would turn things around, but we as his employer, board, and stockholders could not disagree more with the idea of continuing those plans any further. Even if we support him individually, none of us can argue that he's done his job well.
We should tell him, "You will find a cardboard box, or a few, outside your office on November 7. Take from then until January 20th or so to pack up, but please leave the place as clean and neat as you found it. Our new applicant has some good experience on all the things we feel you've missed the mark on, and we'd like him to get to work right away."
At least, this would be the reality if any one of us had the same record he did for the last three years.