Pros
New management is over-hauling the company completely. Closing down 59 branches across Canada, downsizing the entire firm. Attempting to create a sustainable organization for the employees that remain. Have axed/laid-off a lot of middle management types who were a drag on company profitability.
Cons
A poor company culture which has proven difficult to change. Still too many hangers on - 'HR manager' types, or 'director of whatever types' who have no ability to drive revenue, profitability or overall company success. The former Acklands was a very, very bloated company. CDN top-level management still consists of 'sales guys' , who have little understanding of financial metrics or the tools needed to move the firms balance sheet forward. This is not good enough to compete at the highest level with the Amazon's and Ali Babas of the world