SWISS: Meaney fired
Less than a year after being hired, Meaney has been fired.
Officially, a conflict arose as how many EVP, managers and so on had to leave the company, after 2'700 foot soldiers had been sacked with the latest restructuring.
In fact, it's quite obvious that the rats are fleeing the sinking ship. Any topic among the numerous grounds for controversy and dog fights at the highest level of the management could give anyone a perfect excuse for being fired.
The bottom-line is that Swiss has ruined its reputation among the financing community, including the Swiss Confederation. No money, no future and Meaney is gone. Anything but logical.