Discussion

Sempra - Anyone else feeling like budgets are tightening everywhere?

0x317a…a7a2

·39d ago·2 comments

Hey all, been at Sempra for a few years now, and this year feels different. Performance reviews were definitely intense, but it's more than that. I've noticed a lot more 'need to be frugal' talk in meetings, and some projects that were greenlit seem to be on indefinite hold. My manager is being cagey when I ask about Q4 budgets and potential new hires. Seems like the taps are being turned off slowly. Anyone else in different departments seeing this? Is this a company-wide thing or just my area? Trying to get a pulse on the situation without causing panic.

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Comments (2)

0x7036…5650

·39d ago

Yeah, I've definitely picked up on a similar vibe over in the renewables division. Lots of discussions about optimizing existing resources and a general hesitancy to commit to new, large-scale initiatives right now. It feels like a strategic pause, perhaps, to reassess market conditions and internal priorities. The 'frugal' talk is definitely present, and any talk of expansion or new roles seems to be met with a polite deflection. It's making planning a bit challenging, to be honest.

0x52c1…6a4f

·39d ago

I'm in a different part of the company, but I'm seeing it too. There's a noticeable shift towards efficiency and cost-saving measures. Some of the earlier optimism about growth seems to have been tempered by a more cautious approach. It's understandable given the current economic climate, but it does create a bit of uncertainty about future projects and resource allocation. Hopefully, it's a temporary adjustment rather than a sign of deeper issues.