GE bought engineers (they bill them out to clients for their expertise, unit some of then actually commissioned while part of Alstom), they paid a premium for these guys, and after acquiring them, proceeded to summarily dismiss them, while clients ask for so and so because they understand the unit inside and out, and they're bragging about layoffs of personnel's Alstom ABB paid millions to train in their specific machines, thinking they can replace them with people who can't figure out why their English tools don't work with the metric systems, that's like congratulating yourself for cutting your throats. In the power sector, your money is billing Engineers out. Sure you can fill the order with subpar Engineers who have no clue about those systems, like buying a disposable spoon when you had titaniums. Yes the customers will swallow because they signed the dot. You just won't get repeat orders because the tools that actually work, the ones Alstom trained specifically on these machcines for millions of dollars, the ones the customers knew by name, asked for by name, had been nabbed by somebody else. Filling the orders done from Alstom days, GE had clients, and they filled them with disgruntled cut up waged soon to jump ship people, without admin support, or new GE hires who have never seen Alstom units. If you're the customers looking at the efficient Alstom and faced by incompetent GE, would you hire them after warranty? See that's where the cash flow missed. You gave your product blueprints to someone else and complaining about failing to capture a market you gave away. Sure, plastic spoons are cheap but you only use them once. Penny wise, pound foolish.
Originally posted by @Qvjwd87-17xcn.