Published in the press:
https://www.mercurynews.com/2018/04/09/general-electric-cuts-jobs-amid-long-term-san-ramon-expansion/
The company has decided to eliminate 120 jobs at its GE Digital facility in San Ramon, GE reported in an official filing with the state’s Employment Development Department. The staffing reductions are due to go into effect May 22,
EB salary range starts from 300k base, plus RSU and other long term incentive plans (RSU, ...).
Take a look at all the VPs who sit around you, and ask yourself if they're worth that ...
How much do EBs and SEBs make?
When I joined GED, I honestly had no idea of the depth and breadth of issues in this team. I was inspired by the potential to improve our world.
Over the past 2 years, I've lost confidence in our technology, our leadership, and our ability to execute.
The people I see remaining here are sadly Engineers who either can't find better jobs elsewhere, or Leaders incentivized much differently from the rest of us (have you ever wondered what an EB or SEB makes?)
Let's be serious, if you're in the Valley and working at GED, it's because you applied to the FAANG companies and couldn't get in.
It's tough, but I'd recommend we all start looking for jobs elsewhere. Staying here longer will make future companies wonder why you stayed so long here. When a company goes downhill, the best folks leave first.
Every single person in this org should have started looking for new opportunities 6 months ago. There is no viable product or service coming out of GE Digital. It's a damn mess just like Predix.
There is a much better life awaiting you as I found out. Working for this POS was a waste of time!
Sad news. Good luck. You will probably end up in a better place.
Good luck bros.