Thread regarding GE Digital layoffs

Pat - You need to clean house

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 then give a rallying cry for customers? You've really got nothing else? Pathetic.

Pat you need new advisors!! You are using the same "executives" who advised Bill Ruh and Steve Martin - and they are making you look foolish, just like they did those guys.

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Post ID: @11evbq1x

12 replies (most recent on top)

Well now that Baker Hughes, bioprocess and GECAS actions are underway, will we start seeing more visibility for GED spinout

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Post ID: @11evbq1x-Apuv

Pat should lay himself off.

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Post ID: @11evbq1x-zynb

300+ people in service let go Oct 14 ... customer is going to fell that one!

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Post ID: @11evbq1x-ybzi

Despite whatever LC is putting in the letter GED is far from "being number one or number two in the markets it serves", if that phrase is relevant. Point being this is a minor player with minimal external credibility - its only big news because GE doesnt know what to do with it and cannot sell it.

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Post ID: @11evbq1x-bavw

In the investor letter LC finally mentioned Digital. So maybe there will be a NewCo after all. Unfortunately they will need to rightsize before it comes about. Look for the 1.8 billion investment to be lowered to around 1.1 billion over 3 years to get it started.

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Post ID: @11evbq1x-5zut

He’s already been a huge failure. No messaging or signaling to the market or customers or partners of anything positive at all.

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Post ID: @11evbq1x-5zqz

Any further info on 10th Oct Lay-off ?? Which team , location , etc .
how confident are you on the info ?
Please , do share if anyone had more info ?

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Post ID: @11evbq1x-5hqb

Clean house? LMAO He’s part of the problem why this supposedly NewCo has delayed like this.

Steve Martin wanted a separate entity, Pat doesn’t. At least when SM was at the helm there were progress and regular updates. Now it’s “I don’t care about the name, I care about the employees and customers.” barf Who’s slowing what down is pretty clear.

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Post ID: @11evbq1x-5fjp

Its either layoffs or they are close to a deal with a third party to spin off this wreckage

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Post ID: @11evbq1x-2eqy

I hear layoffs Oct. 10.

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Post ID: @11evbq1x-1cof

Or perhaps there ls no "legit BU state" actually possible ...

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Post ID: @11evbq1x-1wqh

Seriously its WTF is taking so long to present a credible plan with a series of steps to be done to get to the legit BU state.

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Post ID: @11evbq1x-atv

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