Culture shift at Nordson: Is the 'NBS' still working?

Is it just me, or has the 'Nordson Business System' completely lost its way? I feel like we spend 90% of our time in meetings talking about process improvement while the actual talent is walking out the door in waves. Every time a new round of layoffs is announced, the workload for the survivors doubles, but the expectations stay exactly the same. It's a recipe for burnout. I talk to people in other departments and it’s the same story everywhere—low morale, lack of clear direction from upper management, and a constant fear that your badge won't work on Monday morning. I used to be proud to work here, but now it just feels like we're being managed by a spreadsheet. Are we heading toward a future where we’re just a shell company for PE to pick apart? Curious if anyone else in the engineering or operations side feels like the ship is taking on water.