Thread regarding Hitachi Vantara layoffs

Is there a plan?

So its been a while since GFK and his cronies have come onboard. Usually it takes 60-90 days for a new CEO to figure out what they want to do going forward - in most cases, they actually come in on Day 1 with a draft plan in their heads if not on paper.

So. What is the GFK plan beyond the "trust me"? Does he have one? And if yes, why keep it from us? He is already letting people go and we are already looking out for jobs anyway, so its not like keeping it from us helps in any way. What is the logic here - does anyone know?

And more importantly, what is his actual plan - does anyone know?

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| 3301 views | | 6 replies (last March 3, 2021) | Reply
Post ID: @OP+19vX99rh

6 replies (most recent on top)

This company is in crash and burn mode.

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Post ID: @bvrk+19vX99rh

The ides of March are heeere

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Post ID: @7xck+19vX99rh

‘Trust Me’ is a joke. This company was broke before he came on board. The only reason he is here is to streamline the company so it can be more suitable to another company. There is no vision for the future. They will be putting a lot of lipstick on this pig but at the end of the day it’s still a pig. Trust me.

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Post ID: @1xwa+19vX99rh

Likely sell the company. The cuts have been deep and will continue which means HV is cutting cost to receive highest value on sale.

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Post ID: @xxl+19vX99rh

Sell the company, that would be my guess.

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Post ID: @xcm+19vX99rh

Yeah, the plan is to pet the dog, smile and say nice doggie while reaching for a stone.

His plan clearly is to change HV into a services driven company and possible sell it off or IPO. There is a major acquisition/merger being looked at based on what I have been hearing. It should kickstart the process. None of this is a secret. Ask BS or RL or any of their inner circle folks.

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Post ID: @ftl+19vX99rh

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