"Save EOH" takes aim at EOH CEO Stephen van Coller

Jan

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EOH CEO Stephen van Coller under attack

A group of former EOH employees and shareholders is accusing Stephen van Coller of perjury and destroying the company, but EOH dismissed it as a smear campaign.

Save EOH, a group of former EOH employees and shareholders, released a press statement saying it wants to stop the company's decline under Van Coller.
 
“EOH employed around 11,500 employees when van Coller joined and was a great powerhouse, driving technology in South Africa and the rest of the continent,” it said.

“In less than three years since van Coller joined, EOH now employs only 5,500 people, less than half of what it employed prior to his arrival.”

“This has affected the livelihood of thousands of people, destroyed careers, and caused immeasurable pain and suffering.”

I am not following this here.
So are these 6000 people unemployed now or just working at the 60 companies that don't have a crappy name?

“Van Coller disposed of 60 businesses indiscriminately, including all of the most valuable, profitable, and cash generative ‘crown jewels’ of EOH for a small fraction of their value,” Save EOH said.
 
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I checked and saw that Van Coller was appointed at CEO effective 1 September 2018, while the share price had already dropped 76% (from a high in 9 Dec 2016) by that time, I wonder how many of these Save EOHers where the cause of that decline? What do these Save EOHers say about the people in charge before 1 September 2018?
 
I don't think I care enough about any of my employers to join a "Save XXX" movement if it goes downhill. Sure, it would be sad, but meh.
 
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