Thread regarding ABB layoffs

Industrial Solutions CEO Pushed Out

On Friday it was announced that the CEO of Industrial Solutions which was purchased from GE in July 2018 has been pushed out along with almost all of her direct reports.

ABB leadership is trying to accelerate the integration and dismantling of a once proud business dating back to Edison and the founding of GE into the rest of ABB as quickly as possible and it does not appear that the business unit will survive as a stand alone unit.

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Post ID: @OP+XfXFVYO

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The business unit - " EPIS" is being folded into existing BU's ... some of the leadership survived , while others didn't - and unlike in the past , there is no option to go back to the mothership ( GE) since that ship is sinking fast.

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Post ID: @bszx+XfXFVYO

Same happened to Baldor.

If ABB buys your company, quit.

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Post ID: @7eej+XfXFVYO

It was the same for the former Thomas & Betts.

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Post ID: @trf+XfXFVYO

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