All the products under GE Digital (especially Predix) are now toast with champion grifters Immelt and Ruh gone. they were using GE Digital to try and cash in on tech trends (IoT, edge computing, machine learning) but failed miserably compared to... read more
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Topics regarding layoffs at GE Digital
BHGE Digital is going through a major shake up, lay-offs, refocus, Matthias losing most of his empire, people being transfered back to the business, ... Any idea what’s going on there?
NewCo employees will come to know their bonus for 2018 in March. When will it show up the paycheck? Is everybody planning to head for the exits after bonus payday?
So now the business take the lead of a 1.2 bn$ company, 90% of it being legacy software. Most of the leaders of GE Digital left, only the most political and least capable still there - i dont know for how long...
Is SM locked in for the spot?
Immelts orginal predixtions for 2020 was $220bn for prefix. Wonder what the pipe dream will actually deliver?
The perennial butt kisser finally realized that there are no more butts to kiss at GED and has left to go kiss butts at Service Max by Silver Lake. Wonder what he's going to do when he realizes he cannot IBS his mistakes to other parts of the... read more
With service max moved out the office in San Ramon is a ghost town. Guess that’s what happens when you over hire, then fire immediately and buy and sell companies immediately. Wonder when Larry will finally pull the plug on the west coast office and... read more
The GE Digital story is really a shame. The mission and vision were correct. But the #1 mistake that doomed the whole thing was choosing Bill Ruh to run it. He's invisible as a leader in San Ramon. He can't keep executives, which causes reorg after... read more
One would expect working at GE Digital to not be the strongest item to put on a resumé, but time and time again, former executives from GE Digital seem to be landing good jobs at other firms. I had a conversation with one such executive who was... read more
https://finance.yahoo.com/m/f971e09c-d3bf-3ffa-98fc-8b4ff95b842c/ge-sues-uptake,-says-chicago.html?.tsrc=applewf The executives didn’t do sh-- here. They should thank them. Over priced high paid losers.
The feedback from the potential buyers was hard to take, but no one wanted this bloated business for the price we were asking. Ruh was only around to lure potential buyers. He failed. That is why he was kicked to the curb. So, they put CoreTech under... read more
Do we know anything new on possible layoffs? All the changes have me stressing out more than usual.
What to expect from new company to be formed (i donno what the hell that means) Is it safe to stick around or jump of the ship ASAP? Is the 150% bonus deal still happening?
He is actively lobbying to get the CEO job. Are we gettig another Bill Ruh?
And if you ever saw it, you would even say it grows! Oh that’s Pinocchio!
I wonder if CD and NR where actually listened to by Culp and Miller vs being screwed over by Fouler and BR who had the ear of no jet John. I bet they realized it would cost a ton more to outsource this stuff to a company outside GE that had to worry... read more
Any update on the layoffs in the BHGE Digital group? Many people are expecting major cuts to happen there soon given the idle PMs, bloated org particularly at management levels (SR), & continued losses.
Still silence on the the sale of service max and GED's sale to PE firm. Guess Bill is still stuffing his face with Cheese-It's, Jen is in denial of the attrition, and Simon is still licking Khozema's dodo off his mouth. Place is in a death march... read more
Finally..a good decision. St least he won’t f--- up the new company.
Also, water is wet. Turns out that when a division isn't designed to churn a profit, it's difficult to sell it to profit-seeking companies. Check your email.
Digital M1 team split finally announced ... Some to power aligned Some to aviation aligned Some to FDL aligned No layoff for now so good !
His meeting was run by other leadership team members as he is "travelling"
I am hearing that it is being made public next week. Any other confirmations to that?
Will we learning about more layoffs before the end of 2018 or can we assume we are safe at least until January? If I remember correctly, December was never a big layoff month for GE in general, so I'm hoping that spilled over to us. Can anybody... read more
Everything I’ve read is that GE is too interwoven to break up / apart. It’s worth much less in parts. Hence the Coretech and Cybersecurity inability to execute a deal. I guess we shouldn’t expect much from the loser self interested DT leadership... read more
A deal has definitely been signed. I don't know the details but everything was signed about two weeks ago. GE managed the minority ownership. I don't know about the combination of Cybersecurity. An announcement should be happening soon. I think it... read more
From the GE Q3 2018 10-Q. As a result, during the third quarter, we recorded our best estimate of a non-cash pre-tax impairment loss of $22.0 billion related to goodwill in our Power Generation and Grid Solutions businesses. Included in this amount... read more
I heard from a reputable source that the deal is done but they won’t tell me who. Anyone know who the unlucky winner of coretech is?
Guess that shows how insignificant he was.
https://www.bizjournals.com/atlanta/news/2016/06/27/could-ge-be-bringing-more-big-data-jobs-to-atlanta.html How is this working out?
G.E. Digital San Ramon - gloomy outlook, layoffs coming. 20-25% staff reduction coming. They already consolidated from 3 building to 2 and only 1 would be needed after the next round.
Please Dr. Amos. Not William.
GE executives made no mention of GE Digital, software, or IoT on the third-quarter earnings call Tuesday.
General Electric Co.'s longer-term issuer default rating (IDR) was downgraded two notches to BBB+ from A at Fitch Ratings. The move, which puts GE's rating at just three notches above "junk" status.
No mention of GE Digital today?