I learned from my HR manager today that we will be laying off hundreds of people in The US and began preparing us for the conversations.
Here is the narrative spun:
- we need to invest in new products and increase margin
Here is what all leaders know:
this is a knee jerk reaction to the budget meeting with Flannery.
Anne McEntee destroyed this business and she gets to destroy a new services business
Paris HQ is artificially a ‘lean’ HQ because they bury cost in this business.
HQ is trying to survive as a location by consolidating operations. However, it’s led by someone who bankrupted the Alstom Renewable business