Heard from a Houston colleague that 2025 reorg for the finance dept will result in a 60 pct reduction on workforce. Seems crazy high...
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I miss Pierre, Pat, and John. They actually knew what they were doing and defended finance in prior reorgs. EB is going to be a nightmare for the org.
@okp imo it is possible over time because the shared service centers typically handle routine/ standardized processes. That type of work is what AI is currently addressing. This could apply to any function utilizing service centers.
Finance cuts as a whole = 30%.
Reductions are easy when the CFO does not know jack about Finance or what the Finance employees do
Why would they cut FSS 60% when most of it is already offshore and cheap
EB will soon realize what a mistake this is when all the middle managers point fingers at each other and can't answer anything because the people actually doing the work are gone
I believe it’s just FSS. Other finance functions should be around 20-30%
How is 60 percent even obtainable when finance has been offshoring for your years already. I imagine some teams hit harder than others but 60 percent of the entire finance organization. I guess anything is possible
Yes they’re offshoring so much now. Continued selling out of the American worker. It’s pathetic
Heard the same %.
Best wishes to our Finance colleagues and to all of us facing layoffs.
Good warm up for 95% when AI gets rolling.