Heard from a senior guy. More layoffs at GED coming this week. Apparently they don't have pipeline of customers.
Topics regarding layoffs at GE Digital
How is the Miami office be affected by recent layoffs in San Ramon and other location. Has anyone been let go in the Miami office? Been seeing GE Digital open job positions from this location lately. Whats going on? Hiring and uncertainty and firing... — read more
How many employee are left in San Ramon? We keep hearing that the number 1800.
So... After waiting 10 months to hear something about NewCo, Pat comes to the all hands saying there is going to be a delay and we should stay "customer focused". C'mon - didn't Steve Martin already wear out the European works council excuse and... — read more
The exit of about 68k BHGE employees, 10k Transportation and power layoffs will reduce company size to around 185K in 2019. So i believe corporate, global ops and IT types staff will be reduced because they have about 100k less employees to support... — read more
Is setting this up as a separate company the only way to show that GE divisions are customers and thus "real" revenue ?
That’s actually not good for GED. https://gallery.mailchimp.com/199a11600490e42b3dcf6d2ee/files/fa29f469-c222-4a94-a324-ccf2cfea50ef/20190815GEWhistleblower_Report.pdf
Layoffs are going on at GE Corporate. The layoffs are selectively informed to the employees and not in major announcement.
aggregate of actions ytd - approx 60% reduction in fte
https://www.theregister.co.uk/2019/07/25/pivotalfordwrite_down/ GE cashed out of its investment holdings last year with some profit before Pivotal crashed. Reading the article it mirrors an awful lot of GE Digital. Me Thinks NewCO should merge... — read more
Virtually no experience in the software business, nor in enterprise solutions. Mostly niche hardware stuff. No familiarity with high growth tech areas critical to GED and its customers. Only qualification is being a friend and minion of Culp. This... — read more
Byrne From Danaher connection. Acting CEO Martin leaving. Eddie is leaving too. Cleaning house from top, long overdue but this has been the problem for GED all along. Each leadership change resets their strategy and their target market. — read more
It’s summer. It’s going to be quiet. My guess is you’ll see some more cuts at the end of Q3 when it’s clear they can’t make their numbers and still don’t have a newco or a real ceo. There will be more ‘painful decisions’ made then. Will they have... — read more
It’s been soo quite this days. What’s going on, any rumors about the Newco and spinoffs ?
GED is committing s--c-de by not providing a clear path forward - business and product - for current and prospective clients. This is hugely irresponsible and not fair to those who are still on the job trying to make it work. Who is “Culp”-able for... — read more
At least in customer success. I guess it was bound to happen with the collaborative delivery model...
Perhaps Larry is trying hard to break it up and sell it off, and thus no need for a CEO?
There were VPs, and managers laid off, and Eddie said some of the pre-layoff departures were not voluntary (they let those people save face). Next cuts shouldn't affect GED much -- the cuts were deep, and you can't cut much deeper -- next cuts should... — read more
Good management is honest and open with its employees even when times are tough. It seems to me that we are purposefully left in a dark about what's happening at GE Digital. Layoffs come and go out of the blue, and each time we are left guessing if... — read more
Re-post-- What is happening? When is the next wave of cuts? When are we going to hear the layoffs of managers, VP's, EB's? Why are salesmen still employed here when there is nothing to sell? Does Derek know there is no value for the AI cr*p that... — read more
Latest 10-Q indicates ServiceMax was sold for $200MM after being bought for $900M, I guess that is a better ratio than Alstom.....At least they were on a legit platform despite being another commodity web app. Or Bill Ruh k--led it in spectacular... — read more
San Ramon started quiet lay-off in 2016 but saw it coming in early 2015 when operations couldn’t support the apps offered to other GE businesses. Management team was the worst in Silicon Valley. It was full of old-Cisco burnouts who are still pulling... — read more
Don’t see anything mentioned in the last couple of days so I’m wondering have the layoffs at Digital stopped. Any layoffs in the last couple of days?
To me it seemed like more.
At my office there were no layoffs today? Were there locations that were hit today? Can’t seem to find anything on this board regarding layoffs today. Does this mean they are done for now? If not, does anyone have a clue when will the next big hit be... — read more
From Bill Ruh down, upper management had no idea how to deliver on the promise of GED's assets. Bill's core competencies are blowing smoke up everyone's a--, hiring overpaid clueless acolytes unwilling to tell him the hard truth, and living in deep... — read more
This round is probably done. I concur with the previous reply that more will happen in the future. I got clipped this round and I have to ay, it's liberating. They softened the blow with a fair package. I am finally motivated to find something... — read more
Is there any way in which we can figure out at least an approximate number of ho many people were affected by these layoffs. I can’t see that they will be done in one day, so is there any word on how many more folks could be affected. My heart goes... — read more
Any more GE Digital layoffs expected today or sometime next week? Or can we relax now?
30% of Bangalore, India team were fired yesterday. Looks like it’s going to be more in coming days. It’s very bad
Was part of the 1st rif in 2017. Hoping the rest of my former team got whacked. Can anyone list what team were affected?
GE has nurtured an undeserved reputation for 'honing leaders' - this is unsubstantiated smoke and mirrors from Welch's days. I have hired and promptly fired a handful of GE alumni (at Director/Sr Director level) over the last 13 years in healthcare... — read more
GE Digital SR leadership has already been putting their list together and the ax will be falling by the end of June for those in SR & GA. The DOC is Dead and all those under the leadership of HS. — read more
I heard they are cutting off 40%?