Make a prediction and tell us what you think about AES layoffs? Any chatter, news or rumors?
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AES will be bankrupt in 3 years. Their debt is $18 billion. Assets are $33 billion and equity is falling. Bad projects with inexperienced staff. This company will either be sold or go bankrupt in the coming recession.
I predict significant layoffs in the clean energy group by March of 2023. Cost of Capital is soaring and purchases of projects are at the top of the market. They have also over hired in the biggest of ways. People are bring hired in a very chaotic manner and discovering that someone else is already doing their job. The money printing off of the thermal units will not last much longer.