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Moving headcount into SG&A hurts the long-term outlook

More and more orgs are rolling LATAM and APAC headcount directly into their SG&A. This allows for a more favorable SG&A as a % of sales when sales don’t increase. The expectation is everyone is global and the jobs can be done anywhere. However, these types of moves tend to be short-sighted and create operational execution deficiencies later. This reeks of a short term CEO chasing stock price gains and a near-term exit. It also hurts the long-term outlook of 3M staying together. It is already just 3M-in-name-only

I was looking for Germany updates and came across this post. Figured I'd bump it so it doesn't get buried in replies. OP: @dp+1kjbhbg8a


Here's to hoping the Banmedica sell will remove Unqualified Infosec Staff

Right on time for UHG to complete divesting the LATM businesses. One can only hope with that the unqualified people with fake LinkedIns will also be divested.

Let's start with the UHG Segment Information Security Officer - Global who also claims to be and International Information Security Officer - Cybersecurity. He has a non-verifiable certification from ISACA. Let's hope the company is not paying for his CISM renewal for the Kenya Chapter which is just another example of questionable experience.

He has yet to demonstrate he can actually delivery what he claims on LinkedIn. Everyone in ESRO is tired of handing over their documentation to him and his buddy who interestingly enough has two jobs here at UHG. While there are layoffs going on, he for some reason is a Segment Information Security Officer and International Information Security Liaison. How does that work given no relevant IT or security certifications.

Qualified American citizens have been laid off from UHG and Optum since 2015 yet non-qualified people that are kept on. While Jairo Orea was here, he gave both of them the top scores and bonuses. Neither of these recruits ever lead the efforts they have on their LinkedIn.

Yes there are staff cuts coming once the the complete divesture is Banmedica is complete. ESRO staff with the rights certs and degrees make sure you document ever effort you lead and if you provide coaching.


APLA next steps

It's been leaked internally that the long term plan for APLA is now finalized.

CS WILL BE PROMOTED to chief strategy officer join me in congratulations on this big announcement for them.

APLA will be absorbed into apac and north America.

North America and latin America will become Americas.

Greater China will become Asia Pacific.

This leaves just three geos which will make things faster, most noble and efficient.

AMER
APAC
EMEA

Im really happy about this change and think it's a great move for everyone.


What’s the deal with India?

I joined Fiserv in BH earlier this month and confused by all the mentions of India. On many sheets with headcount and capacity planning, they list USA employees and India employees.

Is this company related to India?
Is offshore entirely India or are there other locations in EMEA or Latam?

Just not sure why they would only hire India for offshore if we’re not formally an Indian company by any means

Just confused by all this