Rumors in SIS are that Aachen (Germany) is to be "rightsized" soon (again) whereas Norway's headcount keeps ballooning, with two third of the Nonsensical Pipe Dreams budget allocated to DELFI.
Geomarkets got rid of Principal to Advisor-level technical people in December and the trend is due to continue in Q1.
KPOs for 2020:
- IMs to be kept solely in managerial positions. To be replaced by intra-gmkt moves whenever needed.
- All services with IBT below 15% to be isolated into a separate team, then closed or "rightsized". Strategy is to retain only sales and support activities and use this as a way of getting rid of non-engaged employees and of remaining senior technical people and IMs.
Expect Asset Consulting to be decimated in most Geomarkets. After taking-over HQ button-pushing monkeys will keep dominating in the foreseeable future.