IGS had layoffs last week?
More to come?
13 replies (most recent on top)
Between the low nine block guys and talented people jumping ship, coupled with engineering coming from Mexico because of the spectacularly reduced cost our job performance and say / do are in the toilet.
Customers can't get parts and sales guys can't get paid under the new structure there isn't incentive for good people to stay and get beat into the ground.
I am hoping for a sale to a company that understands the business we are in rather than upper management that keeps changing.
Bending over backwards for Amazon while ignoring the customers that can keep us afloat , if we weren't abusing our good will with poor pricing and a lack of parts support. Heck support in general is gone to the dogs, outsourced to India and people who don't know anything but the script and still taking days to escalate while charging customers thousands per day...
Looks like a surefire way to spin-off another subsidiary.
@2kwv+1mbhH1tv one word: Lumberjack. NA site closures. Its coming.
Any word on the scanning division?
There was more rifs in PPE in SPS last week. Only one sales manager to my knowledge, but low nine block scores were let go in offering management and other support departments according to the rumor mill
@2qie
This gives me hope that I'll be laid off with some Honeymoney to go away. Probably won't happen given my luck. But, I've got something else lined up anyway. We will see.
GK is still pushing for his reclaim of the meager raise $ that was paid out so far. Hearing he is pi$$ed HR can't process the RIF paperwork faster. He will not stop until the reclaim & then save goal is met in SPS employee RIFs. Not a Director, but I have my contacts.
SPS will be coming soon. Lumberjack.
Intelligrated sales are down due to non shipment of critical spares (no ship date's either) since the cough, cough. Add in regular, insane price increases, top talent loss, apathetic management and you have all the ingredients to smother sales
New CEO takes over.
The stock never really performed very well under the old CEO. When you looked at the quarterly results. Very low earning results.
I guarantee the new CEO will increase our stock price. Your earnings will increase. You might not like how it is done. It's going to be very rough and a lot of you guys ain't going to be very happy.
You haven't seen nothing yet. Divisions that you thought would never close. Guess what? It's going to happen. This company will not be the same company after it's all over.
They're starting the next phase. Venturing into something new. Disguarding the old businesses.
The company is done with the old business. They will buy new businesses. Then the game will continue. Start milking it dry. What a game.
Remember, you haven't seen nothing yet.
SPS is going to be spun off. Too much liability.
That should raise the HON stock price including the stock just bought back ;)
All about tricks and mirrors
What went wrong on amz?
I also heard their were RIFs but don’t know who and heard there will likely be more. With Amz work finishing up slowly I would think engineering would be hit especially given the bad Q1.
Heard a rumor about Intelligrated sales having been hit but nothing concrete