Thread regarding Duke Energy. layoffs

Duke Energy Layoffs 2024

Do you predict that there will be Duke Energy layoffs? Any chatter, news or rumors?

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| 3621 views | | 18 replies (last February 12, 2024) | Reply
Post ID: @OP+1qkGijB1

18 replies (most recent on top)

Sounds like the rest of the new organizational structure and next round of layoffs will be happening this week - Wednesday, Thurs, or Friday

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Post ID: @Idrj+1qkGijB1

Regular emoloyees learned bonus cut by 34%. So we're lucky to have survived layoffs so far with less pay. 😈

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Post ID: @Fmrc+1qkGijB1

More layoffs happened today.

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Post ID: @xyxb+1qkGijB1

Agreed, after the millions upon millions spent on the Atlantic coast pipeline sc--w up, I was suprized the board didn't ask the CEO to resign. Plus she's been in the role for over 10 years

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Post ID: @pshb+1qkGijB1

Get rid of the senior leaders who are all the same and keep making the same blunders year over year. Until the CEO and her staff are removed this will continue. Also, look at the prospectus, the issue isn't revenue nor debt, it's hitting earnings per share, which the senior staff has not been able to manage.

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Post ID: @pzcb+1qkGijB1

The internal announcements around reorgs are probably a good indicator around which parts of the company will be seeing the most changes/layoffs

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Post ID: @ntzn+1qkGijB1

What organizations will be affected by the layoffs? Feels like they’re keeping us all in the dark.

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Post ID: @nglq+1qkGijB1

Upcoming layoffs made the news today.

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Post ID: @nkwj+1qkGijB1

Many more are coming.

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Post ID: @nihh+1qkGijB1

Any idea if current layoffs are done or if there will be more coming very near term?

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Post ID: @nzzt+1qkGijB1

I heard total layoffs are around 1200 people.

Surprised they didn’t offer the usual voluntary package, definitely a change from the usual trimming.

I guess at least they let people get their year of service for January first?

Can’t wait to see what this years bonus package is for management.

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Post ID: @lomj+1qkGijB1

Anyone know which groups are affected?

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Post ID: @kgqj+1qkGijB1

my director thinks it’ll be mostly management roles getting eliminated. Guess we will see…

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Post ID: @koap+1qkGijB1

Layoffs on 1/18/24. Senior Leadership down.

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Post ID: @jhwg+1qkGijB1

Lots of changes/layoffs are being announced soon. Transmission and distribution are being combined.

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Post ID: @jbzo+1qkGijB1

90 overall in my group, reducing O/M to make it easier to meet EPS, blaming interest rates. No management affected.

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Post ID: @inqa+1qkGijB1

They just laid off 10 more people.

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Post ID: @ieyd+1qkGijB1

I hope so! Ready to leave!

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Post ID: @eljf+1qkGijB1

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