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This was clear from the beginning. I've had team members quit a few years ago to join GE Digital, lured by crazy salaries. Too good to be true. For GE, this w
by shadowtree 8y ago
This was clear from the beginning.
I've had team members quit a few years ago to join GE Digital, lured by crazy salaries. Too good to be true.
For GE, this was a spreadsheet initiative. Some SVP added a few lines to spreadsheet, opening headcount for a few thousand people. Same SVP would lose interest a few years down and would simply delete those lines again. Nothing more to it, this is corporate 101 on this level (see Siemens, HP, others for the same stuff).
Sucks for people that adjusted their lifestyles to those salaries, but it was clear, from the beginning. Hiring a ton of mediocre talent with top pay always mean trouble.