Any concrete info on the rumors that there will be more layoffs in the second part of December and in January? I see that people are mentioning those rumors on this board and I also heard them a work. Is there any truth to them and , if so, what extent of layoffs can we expect?
11 replies (most recent on top)
They could cut half the staff and make it more attractive for an acquisition. Jupiter and REAN will not save the company. Makes no sense other than execs get to hang in for another quarter.
Entire company layoff??? they aren't doing that bad! only way I could see that is if they were to sell it off.
I left on my own terms, couldn’t stand the constant decay plus id–tic mgrs who care only about themselves. Plus all the GE digital ppl are STUPID- its so embarrassing
what are the actual odds the whole company is laid off? can that happen? serious question... every unit seems like it is experiencing the same problems
Easy, GE Digital mo–ns and their cronies
how could this company end up like it is today? So many top management changed for the past 6 years, results kept getting worst year over year.
More to come. 15% cuts across the board with impact to EMEA engineering
The revenue from the cloud didn’t pan out so now all the bets are on the Jupiter product to save the company. Well guess what, there are only ten subsystems installed worldwide. This makes for bad story with small bonuses and possible layoffs. This product will the planet Jupiter a bad name.
Heard the numbers are not close and that HPK and Tzioufas have been let go.
The quarterly numbers are not close at all. I work on them...
I heard people are leaving on their own terms instead of waiting. If the exodus continues, you won’t have to worry. As long as the quarterly number comes close, everything might be fine. It not, then that’s another story.