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Comments (2)
It is definitely starting to look like a managed decline. When you have teams across different regions losing people in constant, small waves, it destroys the culture and makes it impossible to get any real project work done. They seem entirely focused on financial optics for the shareholders while the actual grid and infrastructure tasks fall behind schedule. At this point, I think the leadership team is just burning through the remaining institutional knowledge to satisfy some short-term quarterly target. It is really unsustainable, and I would not be surprised to see more talented people jumping ship before the next round of cuts hits.
I have been watching the same trend, and it is honestly exhausting to keep up with. Every month, there is another announcement about layoffs, and morale in the office is completely bottomed out. It is obvious that the strategy is to trim costs at all levels to keep those EPS numbers propped up, even if it means neglecting the infrastructure maintenance that we are supposed to be prioritizing. The lack of clear communication from the top makes it feel like they have no long-term plan other than 'do more with less' until everything breaks. If you have an opportunity elsewhere, you should probably take it.