So after getting rid of admins, SQO, liscencing, etc. during July - I'm hearing about another 30% cut across the board. Anyone know if this is true or not?
Funny how you never hear of these kind of cuts with the executives (1 VP salary would have saved ~20 admin positions). Last count, they had (13) Presidents, (40) Vice Presidents & (168) Directors. Many of those folks don't even have direct reports! Talk about overhead.
Brookfield will go along with whatever they're convinced will make them money like any business. Unfortunately that means that a lot of managers that can talk the talk won't get cut quickly. Take care of yourselves and move on from westinghouse if you can. Leave on your terms and not on some suits so that he can meet a metric.
Plenty of (incredibly important and can't be replaced) chiefs, better lay-off some more Indians! The company didn't seem to suffer with all exec's who jumped on the VSP last fall. Maybe they weren't irreplaceable. In fact they seem to be replaced while workers are gone.
Supposedly, 10% were cut during the latest round with the remaining 20% to go by fiscal year end. If you take into account (13) week severance (if it's still offered & you're not fired as way of cutting heads), it looks like these cuts will need to happen by the end of September.
Taking care of their own....they don’t care about you. Why are you still working there?
In Europe Westinghouse, the ratio of non-productive managers to productive engineers and managers is inceasing. Several recently created managerial positions and no one needs them and no one even knows what they should do. At the same time, top management givin message that our engineering is too expensive. They even refused to provide analytical data on the cost structure because they are afraid to see how much they take unproductive of the value created by the productive. We hoped Brookfield would cut off unproductive management positions. Nothing so far.