Does anyone know what kind of severance package was given to employees laid off on Jan 8?
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Topics regarding layoffs at GE Digital
what percentage of the dev workforce are they looking to cut at the boston office?
Thats a question - when is Jim fowler leaving. Should he be leaving by himself or kicked out. What would be better and when ?
The management always takes care of their own. Ahead of the looming mass massacre, many in the middle management have been quietly told to look for other options. Recent examples of announced exits are VP of Product Marketing, VP of Engineering and... read more
Predix and APP teams are being rationalized (merged) to form single Engineering/PM Teams. In the process of consolidation, many positions will become redundant. Expect many heads to fall in the process.
Don't seem to here anything from employees in San Ramon now days. In a way that is good news. Maybe the turmoil is done and Digital can move on.
Announcement coming week of March 5. US only. Horizontals, CT, ERP teams. US only. Similar to last November.
Sooooo, what's happening over at GE Digital these days? Why is this Executive making a move away from GE? Saw the recent GE reports cameo which had him talking all about how great the Industrial Internet is and what the future holds - What changed or... read more
That happened like three years ago and BR was talking about how much money Predix was making, but it was all IBS money shuffled around so it made zero impact on our revenue It actually hurt our revenue since we paid for a lot of IBS and revenue... read more
Steve Rullo said Norwalk is strategic for Capital, but Global Ops DT team will not increase a presence, but will likely decrease and move to the hubs
About a year ago GE Digital said it would give awards at the end of 2017 to the best ideas/suggestions for cost out. Even though i have heard several people ask when that would happen no answers. Just another way GE does business. Ignore something... read more
Just heard there will be more over the next couple of months. Anyone who isn't looking for a job on their own is foolish!
Jim's speech at DTH disclaimer: The speech today was by professional actors. Why some of the discussion was based on fact, most was wishful thinking. GE does not claim to have been first to create some of the concepts or does not guarantee any... read more
Digital would most likely be spun off to Microsoft who wants to enter the IIOT space. A partnership with GED would allow them to stay engaged with the industrial assets. Plus - Predix does not require GE devices - so makes even more sense.
Finally - someone from the outside figured out the problem. https://www.inc.com/alex-moazed/why-ge-digital-didnt-make-it-big.html
If you work at an office location. Our fearless leaders are doing everything in their power to destroy GE's manufacturing capability. Smart Help is going to be the beginning of the end.
Makes no sense. He was the architect of the mess we find ourselves in now.
I heard all CoreTech folks in Detroit were let go?
http://fortune.com/2017/12/07/ge-layoff-power-business/ GE Is Laying Off 12,000 People From Its Power Business General Electric plans to lay off 12,000 people from its GE Power business unit as part of a broad effort to cut $3.5 billion in costs by... read more
Listen to the replay again when Khozema talks about $200m in cost out to get 2018 op plan down to around $1b. Then he mentions additional cost challenges from corporate to be determined and mentioned another $200m in cost out as a possible outcome... read more
Bill Ruh sounds drunk -- keeps saying things are "uncertain" and how hard that is for everyone. That's not the issue--the issue is that the leaders have looted the company and made poor decisions so we now need to be laid off. Bill Ruh should go... read more
How come there's no mentioning of GE layoffs on the news? I saw an headlines of 150 people laidoff at ESPN, but no mentioning of huge and massive GE layoffs.
Fire Ruh, Drumgoole, Fowler, Dumann for starters.
125 Digital employees will be notified with 30 day warning notices here on Thursday November 30. Last day of employment will be December 31. S---s.
So much blame to go around. The endless ITLP and leadership programs that created ill experienced, arrogant mini monsters. The C level leadership who made disastrous investments and decisions. HR and people managers treating employees like garbage... read more
What is Digital now? Is BR still bouncing around and failing at telepresence? Is Predix getting canned yet? Or is everyone still saying “this is fine, it’s great that we have a Miami hub”?
I am going to echo what some others have already said. Predix has destroyed all that is good in GE Digital. Over the past year or two the phrase "death spiral" has come up in conversation more and more. And last week many teams, which had profitable... read more
Layoffs happening today. Confirmed 6.
The real change and cost savings should start from the top, not the bottom! Stop blaming the little guys.... they were just executing on failed and frequently changed strategy. Bringing "big shots" from google, msft, apple, oracle, etc. and paying... read more
Posters seem to be blaming everybody and guessing when and where layoffs will come. It seems to me just meaningless exercise. Here is what i have found out that may be interesting but realize we can't have any input into what is happening so it is... read more
I attended Flannery Monday meeting and notice that digital wasn’t represented in the Preliminary revenue recognition standard transition impact: 2017 slide. Cannot be an oversight, why leave it out?
This is why the layoffs will never end. "Unfortunately for GE, that industrial conglomerate model has fallen sharply out of favor on Wall Street. And the rise of activist investors like Nelson Peltz has encouraged companies to try to boost their... read more
GE is laying off sales staff and other employees in its software division, according to people familiar with the matter, ahead of new Chief Executive John Flannery’s expected announcement on Monday of a plan to slash costs and jettison units in an... read more
If you are one of the ones who were given 60 days notice do you still get severance? That just seems cruel to expect these guys to work for two months and then give them nothing. When will they have time to find a job? Or are you on the books but not... read more