Anybody in Finance worried? They have automated so many reports it feels like they are preparing to RIF us.
20 replies (most recent on top)
@ph
cool, I was happy to get out of his org 2 years ago as I felt he was completely ineffective
@p8 nothing his EOY ”retirement” was already announced a few weeks ago
@m6
If that happens, what will Todd L have to do all day?
@fe this should be brought to Dan’s attention. The chaos in that org is so bad that capital and operating expense don’t even align. It’s a failure of the finance function in supporting the business. It’s long past time to end toxic leadership of power hoarding, power plays, and chaos.
After all the chaos, Rifs, forced relos, 1erp, etc. that were brought on by finance transformation, do Shammo and Ellis think it's world class yet?
I mean they've been transforming for almost 13 years?
Nov 20th is coming
STOP THE FEARMONGERING!!!
@OP when will you be notified if your gone or safe ? Who decides, your band 6 or band 5 leader ?
@dm
I'd agree with you, but all we hear from sales is "freeeeee equipment and the latest iPhone for FREEEEEE"
sometimes, it just doesn't work out
It’s not just that finance is overbloated. They have multiple teams that are duplicated and fight with each other all the team , wreaking havoc on other teams that have to work with them. Case in point the Fp&a team that works with IT - you have Laurie Bolla ‘s team who handle opex ( class act.. not) and you have another finance team who handles the capex. Both of them seem to dislike each other a lot and allocate targets separate from each other. With the result that you end up with capex that’s disproportionate to the opex you’ve been given. And a lot of times they play games with each other, telling other teams to uninvite each other and all the nonsense you can imagine. I think they have plenty of time to play these games because there are too many people And cooks in the kitchen. Trim the godda-n process down
Ever since 2015, Finance got entirely too big and strong. They have too much say at the table and often are sales blockers or enablement blockers. Us in sales have lost many deals over a few dollars because of Finance. Also, Compliance is another one that needs to be looked at. Their whole job is block sales. Neither of these organizations are partners for growth. Would not be surprised if their EOY consist of how many projects or deals they blocked.
The key to surviving in finance is to use a lot of buzzwords promising a world class organization, add tons of overlapping roles to produce 200 page decks, and work 16 hours a day saying everything is an emergency request.
@bs might not be gutted.. maybe true, should be gutted.. also true
@bj LM isn't going anywhere, and Finance won't be 'gutted'.... reductions most likely, gutting...fearmongering talk.
Nearly every tower, every org has some form of Finance, sometimes too much. Everything is guesswork at this stage.
What will they do with Lake Mary if they gut finance?
Finance should be gutted post haste
I’m in VBG finance and very worried. Our VP told us 25% cuts. That being said, none of our reporting has been automated.
Management massive layoffs unfortunately
Finance is full of accountants and guys who literally produce reports…so full of band 6s it’s unbelievable…they need a serious overhaul and are stuck doing the same things they did 15 years ago
@OP if all you do is reporting then you should be worried.