KKR has made it abundantly clear: Reduce expenditures at all costs.
I believe this is why employees hear, observe, and conclude that there isn't any strategy. If your directive is to reduce expenditures and prop up revenue, you will always drive to the latest quarter, to the short term benefit. This means that there isn't any room for actual strategy which would include growth.
Silly executives look at AI and think it's a win for reducing expenditures, but just like offshoring/outsourcing, we all know the collateral damage that comes with that. What do you think will happen with AI "hallucinates" and causes significant damage? The decision makers will disavow themselves and shift the blame to the AI provider. If they can point to a short term gain such as "saving" a million or two, they will champion their "idea" and have a celebration while raising orange cups.
When AI causes millions more impacts negating the original "idea", there will be crickets - literally because it will just be the empty headed executives sitting on their thumbs wondering what they should do.
KKR is only interested in their value proposition. Acquire companies and extract said value from their investments. Plain and simple.
Was scrolling through our board to see if there’s any recent rumors about layoffs, and came across this post. Nicely done, @bas+1tN0n15y.