A simple first step would be to eliminate all executive roles in the HR function. That would result in around $25 million to $30 million in instant cost savings on an annualized basis.
Then follow this up with halving executive roles in the Corporate Headquarters. That would be another $25 to $30 million
In total, the company can save at least $50 million in cost with zero negative impact to its profits performance.
Exactly what @r4+1m35c1d6a said.
Well, not billions. I remember back in the day in 2010 I wondered how much the site lead GM made, I found it eventually, it was $500K. But stock options are the weird waiver.
I hope all you sh-t stains lose your job
Fave part of my day is getting adhoc requests from Corpoorate Execs for a report on something I already send to my boss but someone wants in another format due ASAP.
Lots of Coporate folks are just looking for reports in THEIR format to justify their existence. Walking Dilbert story.
Some guy already made an AI to simulate Execs. It’s full of generic fluff from McKinsey, PwC, EY, Accenture, Deloitte !!
@d7 The “executives” make money. Period. They don’t actually do any work. They get huge bonuses as a result of the hard work of the engineers. Money for nothing and chicks for free.
@as agreed. We objectively have a problem of too much management, not enough actual talent.
If they were smart, they would thin out some of the middle and lower-level management and just let engineers do their job. Also, some of the directors are so disconnected from things happening on the ground that it's almost unbelievable. But then again, it is L3H.
That’s the solution: trim the executive leadership fat. I can barely keep track of who’s coming and going anymore. With all the reorganizations, it’s basically a management shell game—move a few titles around, shuffle the org chart, and hope nobody notices. I have no idea what half of these executives actually do, and given how often their roles seem to change, I’m not convinced they do either.
Most of managers and senior managers are absolutely doing nothing! Getting rid of these layers can save company billions of dollars every year.