Thoughts? Any ABB layoffs? Any chatter, news or rumors?

This thread is for info about potential ABB layoffs? Any chatter, news or rumors?

This is a master thread about ABB Layoffs 2021? Any news or rumors?

This is a generic discussion thread to capture comments about potential ABB Layoffs 2020? Any news or rumors?

The whole software department is to go.

SHARE UPDATES IF YOU HAVE ANY. THANKS!

Senior management manages by layoffs and restructuring to hide their mismanagement. But I did get a reasonable severance and found another job in 3 weeks so I can not complain in that area. They had a layoff the same year i was hired (which I was not... —  read more 

They have imposed a freeze on external hiring as they desperately need to save costs and improve their extremely complicated matrix structure - to become more attractive to the shareholders. A lot of internal discussions going on within ABB on every... —  read more 

I was laid off but it took me only 4 weeks to find a comparable job. There are some reports about that job cut in Memphis so you may want to check that out. Also, there are posts on Indeed and Glassdoor about Memphis office - see what people are... —  read more 

15 will be laid off in July (end of June start) - this is for Coral Springs

Many people are getting laid off in Memphis office.

ABB CEO steps down abruptly in middle of group's overhaul ZURICH (Reuters) - ABB Chief Executive Ulrich Spiesshofer has quit the Swiss industrial group as the board and major shareholders look for a speedier turnaround at the maker of industrial... —  read more 

https://www.wsj.com/amp/articles/abb-earnings-drop-despite-revenue-growth-11555479534

It looks like layoffs have started in Transformer facilities. Any news on which locations? How many people?

Is the research center at Raleigh,NC, Affected at all

By now we all know they announced a huge restructure and the sale of Power Grids right before Christmas. Now they have a company-wide hiring freeze. In my location I've already seen several people who quit in the last few months not get replaced, and... —  read more 

On Friday it was announced that the CEO of Industrial Solutions which was purchased from GE in July 2018 has been pushed out along with almost all of her direct reports. ABB leadership is trying to accelerate the integration and dismantling of a once... —  read more 

It never has a employee value... Such a harassing management

This is a very stressful company to work for. Do not jeopardize your health in order to work for them. They overload their employees because they fail to replace employees who have left. Their position/workload is then divided amongst those that... —  read more 

This is a very stressful company to work for. Do not jeopardize your health in order to work for them. They overload their employees because they fail to replace employees who have left. Their position/workload is then divided amongst those that... —  read more 

(Reuters) - ABB (ABBN.S) is in talks with Japan’sh--achi (6501.T) about the Swiss engineering group’s (ABBN.S) power grid business, which it may sell to focus on more profitable divisions. ABB has been in talks with Hitachi, Mitsubishi Electric Corp... —  read more 

ABB is a well managed company

Share any updates you may have about ABB Layoffs in 2019 or beyond?

Any thoughts on if the sale of Power Grids will result in layoffs?

A successful company requires excellent leadership. Bad leadership drives the best away and demoralises those that remain. Steer clear of ABB they are on a path of failure with leadership full of pension hungry dead wood and leftover trash from other... —  read more 

So I heard there were recent layoffs at ABB Alamo, is this true?! What is going on with ABB!

Does anyone have any news or progress on ABB Buying GE's Industrial Solutions business. Last updates were several months ago.

Since Ventyx to ABB the constant pressure for meeting unrealistic goals with no direction from management and the constant layoffs every year makes this company a terrible place to work. Good people have already left. Stay away.

There is such a distinct lack of leadership qualities in some of the ABB management that I sometimes wonder how they got into the position. Some of the decisions they make are absolutely ridiculous and actually hindered productivity. In the end, we... —  read more 

ABB is a company that will literally drive you into the ground. Teamwork is nonexistent and with little to no training you are left to fend on your own while management berates your every move. The long hours that are put in are not worth any... —  read more 

Several people cut today(Dec 12, 2017), including some long time managers.

Is this really happening, hearing many rumors about layoffs in Zurich.

GE Industrial Solutions were acquired today for about two billion USD. The group had layoffs before but now folks are hoping that layoffs will slow down until ABB stabilizes things. We knew we were for sale so this was not a huge surprise for anyone... —  read more 

My head is spinning right now as I heard the same rumor from two folks, both told me that we may have layoffs in Zurich.

Is ABB getting rid of its power business. Any news ?

Good people are leaving and no one has hope

New CEO set ridiculous targets for 2014, only 5 of 24 business units made their budgets. Now hiring freeze and layoffs in many businesses, and continued 'footprint' shifts to emerging markets. Lowest scorecard bonus in 10 years and no pay raises at... —  read more 

We will be letting a few hundred people go in our Oil, Gas and Petrochemical Business Unit

Any plans for cuts in 2014? ABB is doing not so good...

ABB is goind down the drains - the culture of fear is spreading - most good folks i know are gone