Any news on further layoffs?
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As I said before, the corporate culture of cummins has alot of issues that need to be fixed and I don't think it will happen until there are lawsuits going at them and also public lawsuits that make national news. They try to handle things in quiet without it making any noise. They are afraid of anything knocking their 235 dollar a share cummins stock going down and investors screaming at them and selling. If I was Tom, I would literally start cleaning up my management structure and as I said before allow for people to anonymously email issues and problems they have seen and such to him so he can be aware that something is going on that needs to be fixed.
And also as it would put all the managers on notice that there is a "rat" line that is being used that could out them for whatever BS they are doing from not doing their job to breaking all sorts of corporate policies. This alone may be enough to get some of them to clean up their act if not retire/quit. But as we know from cummins, the only way that people change is when they are walking out that door and not making that big money they where making.
For 6 years, I scored a 1. Went thru 3 RIFS. This year I scored a 3. Nothing changed except new Manager, from downsizing and restructuring. A rookie that I hired still in training, before the new Manager arrived, scored her above the entire team. He was in her face daily, doing her work for her, while downgrading the rest of team he inherited. He falsely propelled a rookie above senior talent on the team that was all present before he was handed the seat. He hired not one person, built nothing within the team, but found a cute young woman on the team he inherited, and pushed her to the front of the line.
Prefer the devils I do know; compared to the devils I don’t know.
Downsizing, and restructuring delivers new Devils.
I witnessed an entire team walked out in January. The first RIF of this year. 6 people all shown the door same day. None performance related; their roles were eliminated. Nobody was reassigned to any new roles. Yet, I watched 2 Cummins Managers drool and salivate daily over 2 recent female hires. Suffocating them both using “work” as an excuse. Then take themselves home to their wives. Eager to do it all again the next day. One female was routinely behind 600+ emails, deleting them all without response. Got to keep her job. Her Manager was in her face at every opportunity he created. Out of an 8 hour day, he was in her face with 6 hours of meetings she didn’t need to attend. The other female’s Manager was doing her work for her and she took full credit. Weakest link on the team by far, but he advanced her above veteran’s on the team. This Cummins Management style is widespread throughout the company. Young, pretty women, will continue to be exploited at the hands of Cummins Managers, while others will be downsized and restructured.
Internally announced that HR would be cutting 20% by the end of the year mainly line HR. At that time it was mentioned that other functions IT, Supply Chain, Finance would be doing similar. So if you add that up it sounds somewhat significant. The bad thing about restructuring/reorganize is that good performers get let go in some functions because it’s their role that is going. Some move people around to avoid that and some don’t especially when time is critical to relieve costs
Just the usual year end separations for most part of the company. There will be some reorg/restructuring at the function level but nothing like a big RIF.
All the thrash talk aside, does anybody have any credible news about RIF or downsizing?
We all know leadership in Cummins is a joke, company does not know how to measure performance, all the yes people and sycophants are promoted as leaders. Leadership in Cummins is all about keeping your own job while finding creative ways to fire people beneath you. Very soon there will be only executives left in the company and nobody to do the actual work! Linebarger has set a budy culture where performance and delivery of numbers does not matter, several members of his staff should have fired themselves for missing numbers for several quarters, but CEO has set a culture of performance does not matter. I think it is too late for Cummins, unless there are CEO level changes.
That’s a fact. Cummins has been juggling a declining market for over a decade. When was the last time they innovated any new product?!? They’re now getting involved in the electric engine industry (looking to escape diesel), but that is in its infancy. Will be at least 2024 before they introduce a new product line. How many more downsizing, restructuring, outsourcing will unfold before 2024?!? By then, all of the Cummins Managers will have entirely off-shore teams reporting, no onshore team members.
Cummins has been market staggering since 2006; no market expansion. No innovation. Struggling to maintain dated products. Largest market capital is in China
https://www.macrotrends.net/stocks/charts/CMI/cummins/net-income.html
Cummins has progressively declined for the past 3 years. Globally closing plants, slashing headcount, desperately downsizing and restructuring band-aids for shareholders (not employees).
https://finance.yahoo.com/quote/CMI/financials.html
https://ca.finance.yahoo.com/news/cummins-reports-second-quarter-2020-113000068.html
Cummins the best. Fortune 500 bros. Good name
I work in one of the offices in Columbus. It looks like little India in there! Over the years, I’ve lost count of Americans downsized, restructured and shown the door; backfilled by work visa, non-citizens. Last year, I walked past a cubicle designed for 1 person, and there were 3 or 4 Indians, elbow to elbow shoved into that one cubicle. The entire area had about 70 cubicles, all the same. The Wi-Fi was dragging down, and upgrades had to be made. 3 or 4 foreigners taking the place of one American. Cummins is all about their employees first, the “Cummins Family,” is all a lie.
There were definitely some technician layoffs at the distributor locations two weeks ago, for what it's worth. With severance.
Lol ok. I'll let you know when that happens. :)
You’ll soon be drinking a different flavor of kool-aid from HCL or Infosys as you get in line.
Lol so you want me to prove that you have no prove?
That's funny. Lolol. What an irony.
Still drinking the kool-aid.
Prove everything posted here by distinguished professionals, and the events they’ve shared, is fake news! Where’s your data to prove all of these claims on several different threads is fake news? Your opinion of fake news is just talk, where’s your data to dispute any claim here?
Here’s that data: you’re a blind fool!
Still calling fake news. Prove me wrong. Don't just talk. Show me data
Anyone who thinks this is all fake news, needs to pull their head out of their backsides.. It started decades ago and continues on every year.. Anyone paying attention can see it. Anyone with cranium/anal issues won't..
I lost my Cummins team back in March, I had 5 proven talented personnel, and their replacements were all from HCL. Outsourcing my team of 5 grew to 8 HCL backfills. They’re paid a fraction of the costs of my Cummins team. I was handed their resumes and told this is my candidate pool. On several interviews, I found inflated resumes. I posed questions based on the job requirements and their resume information. I routinely found these candidates giving incorrect answers. Clearly not qualified for my replacements; yet, was told these were my options.
HCL the 15 year in-house Indian outsourcing arm of Cummins is not losing personnel; only Cummins personnel. Over more than a decade, Cummins continues downsizing, restructuring employees; HCL outsourcing is gaining Cummins resources. Any clues?!?
AMEN
No across the board cuts but they are doing re-orgs which have and will result in lay offs
20% cut in HR function in Dec.....you may not see your line hr colleagues next month so treat them a little nicer this month.
Columbus is a ghost town. Parking lots are empty. Most have been working from home for several months. Cummins will outsource that work at half the price.
Teams have been walked out all last month in Columbus, Indiana. Third time since March. More cuts announced by end of year.
No layoffs. Been staying that for months. All fake news.