Realogy – “Realogy # 1 ???”
Pros
I went to work for Cendant and it became Realogy after the spin-off and sale of the three (3) other divisions.
Cons
Constantly attempting to reinvent itself and reorganizations occurr annually with no real change or direction becuase the most senior corporate and field managers are simply given new job titles and more money.
# 1 company with over $7,000,000,000.oo in debt and over 75% of Account Receivable Balances are over 90 days old. No hope of reisuing debt or refinancing and company set to implode and go the way of Backyard Burger.
Advice to Senior Management
You got the money...
...now you better run!!!