dtech
Well-Known Member
Spent some years working for a company based in your state - DEC, at their height employed 120k WW, founder and CEO Ken Olsen didn't believe in workforce reduction and refused to even when company was losing billions, that and his refusal to embrace PCs led to DEC's demise. Companies have to change with the times especially if they are in highly competitive industries such as autos, Farley is making the moves he feels are necessary, time will tell if his strategy is successful. There are always victims and bad decisions around who goes and who stays, that's just the nature of the beast. I was denied being let go from DEC because of good performance but I found a high placed supporter and got my wish, the arguement made was other people want to stay here, I don't, in the big picture it didn't matter DEC was beyond salvageable. Was a great company to work for in it's heyday though.FWIW, In my 45+ year engineering career with some of the biggest companies in the world one common thread was a ranking system for the employees. Your manager would rank his/her employees 1 to x and then the managers would get together and merge their rankings into one overall ranking of 1 to x (same thing happened with the managers). Normally this overall ranking would be used to hand out raises and promotions but it would also be used to weed out consistent low performers.
General Electric was the worst company I worked for and only lasted 3 years before quitting. Besides the ranking system they loved to load you up with "streach goals" and measure your performance against the streach goals. The better you did the more "streach goals" you got until you weren't successful on any of them. You could have come on board at GE and be a top performer and continuously worked at the same level and within 5 years be a bottom performer. Every year all the bottom performers were put on a performance improvement plan. If you were successful you kept your job otherwise out the door you went. The pressure was so intense that folks had nervous break downs or got sick. To top it off they had an attitude that the company was such a great place to work they did not need to pay as much. Once I realized what they were doing to the employees I left for another job that paid significantly more.
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