Over 200 finance employees in Houston Hub are been laid off if no alternative job is found in the next 3 months. All LAM finance positions with few exceptions are moving to Bogota to include NAO (NAM and LAM). On the list is also the NAM and LAM treasury teams with just few exceptions. The only Finance that will remain in US is NAM Tax, Comp and NAL.
2 replies (most recent on top)
Bogota cant do anything correctly or on time. This move is going to hurt the company even more.
Sure they pay less there, but the wasted time dealing with Bogota costs way more than what they saved with the houston layoffs.
How about F.I.C (Fixed Asset, Inventory, and Compensation) Team. It is over 70 employees.