/ GE Is Laying Off 12,000 People From Its Power Business General Electric plans to lay off 12,000 people from its GE Power business unit as part of a broad effort to cut $3.5 billion in costs by... read more
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Topics regarding layoffs at GE Digital
Listen to the replay again when Khozema talks about $200m in cost out to get 2018 op plan down to around $1b. Then he mentions additional cost challenges from corporate to be determined and mentioned another $200m in cost out as a possible outcome... read more
Bill Ruh sounds drunk -- keeps saying things are "uncertain" and how hard that is for everyone. That's not the issue--the issue is that the leaders have looted the company and made poor decisions so we now need to be laid off. Bill Ruh should go... read more
How come there's no mentioning of GE layoffs on the news? I saw an headlines of 150 people laidoff at ESPN, but no mentioning of huge and massive GE layoffs.
Fire Ruh, Drumgoole, Fowler, Dumann for starters.
125 Digital employees will be notified with 30 day warning notices here on Thursday November 30. Last day of employment will be December 31. S---s.
So much blame to go around. The endless ITLP and leadership programs that created ill experienced, arrogant mini monsters. The C level leadership who made disastrous investments and decisions. HR and people managers treating employees like garbage... read more
What is Digital now? Is BR still bouncing around and failing at telepresence? Is Predix getting canned yet? Or is everyone still saying “this is fine, it’s great that we have a Miami hub”?
I am going to echo what some others have already said. Predix has destroyed all that is good in GE Digital. Over the past year or two the phrase "death spiral" has come up in conversation more and more. And last week many teams, which had profitable... read more
Layoffs happening today. Confirmed 6.
The real change and cost savings should start from the top, not the bottom! Stop blaming the little guys.... they were just executing on failed and frequently changed strategy. Bringing "big shots" from google, msft, apple, oracle, etc. and paying... read more
Posters seem to be blaming everybody and guessing when and where layoffs will come. It seems to me just meaningless exercise. Here is what i have found out that may be interesting but realize we can't have any input into what is happening so it is... read more
I attended Flannery Monday meeting and notice that digital wasn’t represented in the Preliminary revenue recognition standard transition impact: 2017 slide. Cannot be an oversight, why leave it out?
This is why fiolettsk.rus will never end. "Unfortunately for GE, that industrial conglomerate model has fallen sharply out of favor on Wall Street. And the rise of activist investors like Nelson Peltz has encouraged companies to try to boost their... read more
GE is laying off sales staff and other employees in its software division, according to people familiar with the matter, ahead of new Chief Executive John Flannery’s expected announcement on Monday of a plan to slash costs and jettison units in an... read more
If you are one of the ones who were given 60 days notice do you still get severance? That just seems cruel to expect these guys to work for two months and then give them nothing. When will they have time to find a job? Or are you on the books but not... read more
Everyone who was cut has been notified in SR yesterday. No biggy! Only 10-15%. They got 60 days to find another job. Life goes on...
Any layoff at Budapest Hub ?
Any news on layoffs at Bangalore Hub??
Such an irony that the leadership can't strategize the workstream, so blames on engineers and fires them, who are just the followers of your directions!
GE started on Predix development too late and is charging its internal verticals too much, generating resentment towards the product and brand. Strategy error to go with roll-your-own IoT platform instead of sourcing from an actual IaaS/PaaS provider... read more
I heard an APM team got let go
Emails distributed today, meetings scheduled for tomorrow. We'll have more details soon, this will be sad...
All presales in Americas laid off at GE Digital. They are opening a small # of positions using the well known "eliminate all roles, force you to reapply, so we can claim no favoritism" RIF technique but looks like it will shrink considerably... read more
GE Digital's Ruh has announced that role elimination start this week. They have been telling us for quite awhile that it is coming. Doesn't make it any easier. If your area is effected please post. I wish everyone the best.
But does it still make sense if GE is selling $20B worth of businesses? Say Transportation IT will need to align back to Transportation? What a waste of time.
I still see new folks joining teams. Not just developers but SVP and VPs in the Predix org. Is GE not in a cash crunch? Should it not shed and optimize instead of hire from outside.
There are several scrum teams who have been sitting for the past 3 quarters waiting for a Product Strategy or roadmap to be in place. Many of the good engineers got so bored that they either quit or moved to other groups. This is in the Apps... read more
G.E. Digital San Ramon - gloomy outlook, layoffs coming. 20-25% staff reduction coming. They already consolidated from 3 building to 2 and only 1 would be needed after the next round.
We start to get farewell emails. What about you?
You want to save money Flannery? Time to dump the overpriced, over staffed, under performing Global Ops division. Call IBM and HP and they will do it cheaper and better. Every time Core Tech does a reorg it's just shifting the same people around and... read more
The GE Digital story is really a shame. The mission and vision were correct. But the #1 mistake that doomed the whole thing was choosing Bill Ruh to run it. He's invisible as a leader in San Ramon. He can't keep executives, which causes reorg after... read more
Is the hiring freeze still on and if yes, do you guys have any plans for removing it?
I guess we all agree GE is in somewhat of a mess. They will fix stockholders perception with the big cost cutting. The underlying issue is there core businesses revenues look bleak. They say GE Digital has the potential to be major revenue generator... read more
I think that the GE Digital Organization has their heads buried in the sand. Needing to reduce heads, and today they put out their we are awesome letter bragging about the success of hiring over 2,300 talented team members globally in key roles this... read more
I enjoyed my 23 years. I really struggled with the decision to leave, but I am so glad I did. I was fortunate enough to retire early and put the VJRP money in a savings account. I had no faith in Predix.
OK, nothing more to add - so long friends.