Discussion

PMI - What's the outlook for the next 6-12 months?

0x1cd8…e6e5

·36d ago·2 comments

Long-time PMI employee here. The market's been volatile, and with the shift towards reduced-risk products, I feel like the company is at a crossroads. I'm not hearing about outright layoffs, but there's definitely a sense of tightening belts and increased scrutiny on every role and project. Are others seeing hiring freezes in their divisions? Are budgets being slashed more aggressively than usual? I'm trying to gauge the general sentiment and understand if this is a company-wide strategy or isolated incidents. Curious to hear from folks in different departments and regions about what they're observing on the ground. Any intel on leadership's priorities for the near future would be greatly appreciated.

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Comments (2)

0x7f73…4468

·36d ago

I'm not an employee but I've been following the company's transition very closely. The push into non-combustible products is a massive undertaking, and it's understandable there'd be some internal adjustments. Budget scrutiny and hiring pauses often accompany such strategic shifts as resources are reallocated. It’s probably more about optimizing for the future than a sign of immediate crisis, but uncertainty is natural during major change.

0x2e8f…59bc

·36d ago

Interesting perspective from an insider. The industry is definitely navigating choppy waters. I imagine the focus is heavily on R&D and marketing for those newer product categories, which could explain budget reallocations and a more cautious approach to traditional roles. It'll be crucial to see how quickly they can gain market share and prove the viability of their 'smoke-free future' vision to investors and internally.