Thread regarding AES Corp. layoffs

Enjoy the asset sales AES. Watching AES get torn apart is going to be fun.

@4h5 you are in need of some attention and probably medical help. You created a dedicated post to Kleeber and you did not get attention. You must move on and stop using other posts to express your frustrations.

@1hs

Kleber strong armed the Clean Energy SLT into approving and executing garbage deals to hit his commercial targets while, in the process, bulldozing any risk oversight or person that stood in his way. There have been numerous complaints filed against him over the years by other senior leaders at the firm - just ask around.

Kleber may be the only executive in the IPP world that gets to both negotiate prices on contracts being executed and set merchant revenue forecasts to support why those contracts are good idea. Incredible.

The future is bright. The amount of work coming in the east region is amazing. Hiring is strong and will continue to move AES higher and Higher. What a great place to work.

There is clearly a bitter, clown, depressed boomer and out-of-touch individual in this thread adding zero value or meaningful insight about AES. This space should be focused on relevant information like layoffs, company developments, and real insights, not pointless noise.

Let’s be honest: many are already aware of the deeper issues within the company. The level of dysfunction across the service organization and its vendors is widely recognized. The sourcing process is deeply flawed with RFPs that appear performative at best, with vendors selected arbitrarily rather than through any credible or transparent evaluation. That kind of behavior doesn’t just undermine governance, it actively damages employees and erodes trust.

Even more concerning is the continued offshoring of roles to Argentina under the guise of efficiency, when in reality it reflects poor leadership decisions. What’s being built is not a high-performing organization, but one weighed down by bureaucracy, lack of accountability, and ineffective management. The result is a system that rewards incompetence and short-term thinking over integrity and sustainable performance.

Remember when AES was emulating Google and saying they were going to be the next NextEra. How did that work out for you? The pompous employees at AES get what they deserve. More layoffs. And GIP gets what they deserve. A dog pile of you know what in assets which they will most assuredly sell to pay down the purchase price. Then work the development team like dogs. That is going to be fun to watch as the cockroaches in Lewisville get eaten alive.

I heard the rumor that AES is a racist organization. No wonder why the place is so messed up. Don’t hire anyone from AES. Round file their resumes.

@2qh your jokes su-k. We can all tell you are a depressed boomer

We just witnessed one of the most pathetic displays of "leadership" in the energy sector history. AES was not "sold".....management literally surrendered it. This isn’t a merger; it’s a take-under masked as a bailout.

Let’s look at the "Leadership" highlights of this disaster"

The Price Tag Insult: Analysts like Morgan Stanley had a $23.00 price target on this stock. We were trading at $17.28. To accept $15.00—a 13% discount to the market price and a massive middle finger to the long-term valuation—is a gross breach of fiduciary duty. Who cares if this price was set long ago. The optics of this are crazy.

The Cowardice: They didn't even have the guts to face us on a deal call. They rescheduled the call just to buy time to sign the surrender papers, then pulled the plug so they wouldn't have to answer for the $27 billion in debt they racked up. went into hiding the moment they signed over the keys to BlackRock and EQT. If you can’t defend the price to your own shareholders, you shouldn't be running the company.

The "Hostage" Dividend:The Board literally put a g-n to our dividends. Their official statement basically said: "We managed the balance sheet so poorly that if we don't sell to Larry Fink for pennies today, we’re cutting the dividend to zero tomorrow."That is a confession of incompetence, not a strategic pivot.

The AI Giveaway:We sat through years of "AI growth" presentations only to have the ELT hand the entire 12GW renewable backlog to private equity right before the payoff. They let BlackRock buy the "backbone of the energy transition" at a fire-sale price because they were too incompetent.

You didn't "maximize value." You secured your own exits and golden parachutes while retail investors took a 17% haircut in a single morning.

Let the layoffs begin, oh wait, they already have begun. Yeah, anyone heard from Andie wish I went to Hahvard lately. He is scrambling trying to figure out how to get a job with the few cells he has in his pea brain. Don't worry Andie, you can clean some sanihuts at the local flea market. You can do it!!!!!!!!!!!!!!!!!!!!!!! Just bring Sam I wish I could get Layiad I am and you will be fine.

Any news about new Layoffs after the acquisition?

I used to enjoy taking a dump in Louisville, CO. Only office I have ever been that likes to magnify the sound of taking a dump on their concrete floors. Maybe that was a sign of what a dump AES actually is. GL GIP, you are going to need it.

@1e5 you really have serious issues with Kleber. You need medical attention or you forgot to take your medicine. I dont know, maybe something happened there? AES is in decadence, but I dont think that Kleber is the root cause of this. Maybe Kleber is in your wet dreams?

Losers

When Blackrock realizes what a piece of garbage AES truly is they will sell off all of the assets and lay everyone off including Miss Liza Piggy at GIP

AES worst IPP in history. Disorganized, Arrogant, Delusional, Uneducated, Fools all located in Colorado. Woody and his entire organization destroyed AES. Ever since the acquisition of sPower, straight into the toilet. Good luck finding jobs. AES is a disaster. Oh and have fun working for Lisa Krueger, one of the d-mbest and biggest liars around.

Anyone paying attention saw this from a mile away. Weak controls with limited oversight coupled with a leadership team more focused more on hitting arbitrary MW goals vs making smart investments. The culture that Andres built at the company is what lead to this. The shareholders are better off with new leadership at the helm, even if at a discount to last week's stock price

I’ll be blunt, I won’t miss many of these services organizations.

Over time, what was sold as an efficiency and cost-optimization strategy turned into layers of bureaucracy, misaligned incentives, and questionable value delivery. The Argentina AES Services model, parts of the U.S. Services structure, and several LATAM and India operations became heavy, complex structures that did not consistently demonstrate the savings or operational excellence that justified their expansion.

Instead of simplifying the business, the model often added cost, slowed decision-making, and created distance between operations and accountability. Meanwhile, domestic roles were reduced under the assumption of efficiency gains that, in many cases, did not clearly materialize.

I genuinely feel for the many good, hardworking professionals in AES, this is not about individuals. It’s about a structure that became oversized, opaque, and difficult to justify from a value standpoint.

What is the service organization?