I have it from close sources a few institutional investors and a new activist will eject Blake and a few underperforming execs in sales and hr/legal.
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Blake fired or “encouraged “ the best leaders in Rockwell to leave early. Now he is left with the c team. Good luck with that you flaming mo--n.
Blake wants you to know….
Our People
Whether you’re designing user interfaces or customer experiences, writing algorithms or web copy, answering questions from customers or employees, at Rockwell Automation you’ll have the opportunity to make an impact and push things beyond what most think is possible. When you join us, you gain 28,000 global colleagues in more than 100 countries. We come from all walks of life, but share a single purpose: to help industrial companies and their people be more productive and sustainable.
And then he cut 12% of the workforce. His new cfo, Christian is jumping into the cost savings efforts with “enthusiasm “. You guys are F’ed!
The further RIFs will take place right after AF and before the Christmas holidays.
The engineering and development teams will not be impacted as much as before. These teams are already extremely lean.
Most the affected roles will come from the NA region and will come from “ppl manager”, project management, sales, and administrative ranks.
Cuts won't happen until the first week of December. I wonder how many people traveling to AFair are on the list, but they didn't want to impact the show. It will be very telling if more engineering roles are sacrificed before dumping DEI and other virtue signaling roles.
You can cut at least 50% of directors and DEI VPs etc. Too many clueless and uninformed “teflon suit” directors reporting to directors completely detached from the customer and product!
The developemnt teams are super lean and burnt out whereas the directors club is bloated in numbers.
The fact that Rockwell can pay salaries and bonusses for this many parasites and not go out of business is mind boggling.
Probably more cuts after auto fair and thanksgiving.. (that way people can use up those vacation days before the RIF) especially in marketing with the new VP and them realizing the old VP just hired all her friends from her other jobs and put them in Director roles.. they have directors reporting to directors reporting to directors with nobody knowing exactly what they do and of course they are all remote. They just didn't want to rock the boat before the big event.
Our Diverse and Inclusive Culture
We are creating an inclusive culture by:
Establishing a diverse, equitable and inclusive work environment where all employees experience trust and belonging
Optimizing internal and external talent pools and pipelines by attracting, developing and retaining diverse talent
Enhancing our ability to inform and influence our industry, engage diverse customers, suppliers and partners, and support the communities in which we live and work. We believe this is all virtue signaling bullsh-t and have fired and driven out our best talent because we are afraid of people smarter than us.
Can’t Blake afford a new jacket? He has been wearing that lame-a-s window pane jacket for 5 years. His jacket is as outdated as his word salad strategy. Fire that loser. He has been a fraud for decades. Keith never wanted Blake to be his successor. Susan Schmidt and some lame a-s board member liked “aw shucks” Blake. They had no clue he was too stupid to manage the complexity of the business. Hey Blake, how is that lock out, tag out business doing? His first acquisition should have been a tell.
So we all know Blake is an incompetent leader well over is head. And not too smart. And driven all the good talent away. Why are you still at Rockwell. Vp’s have too much vested and are too d-mb to make any other discussion. Manager and below RUN!
Financial strength? Additional $1B in authorized share repurchase, increased quarterly dividend, and an emphasis on adjusted EPS as the primary quarterly measure for performance is all you need to know. It reeks of desperation and an attempt to spin reality… how much is left to legitimately invest in the future?
Organic innovation? We got press releases name dropping Nvidia.
Operating efficiency? Well at least all those grossly overpaid commercial operations people in North America are no longer on the payroll. The distributors are gonna take care of all the customer needs.
Automation Fair is gonna be the best ever! Blake has personally reviewed and micromanaged all the press releases and events!
irreparably damage has been done
$90 million
That is Blakes total compensation since becoming ceo.
Blake thanks all his minions
Past 3 years. Blake? Becky ? Scotty G? Tessa? Buttermore? Matt? What say ye?
Siemens + 14%
Emerson + 12.6%
Honeywell -1%
Rockwell -20.5%
Unfortunately, more cuts /RIFs are coming prior to January 2025. Confirmed.
Blake is a misleading miscreant.
Over the past decade, Rockwell Automation, Inc. (ticker: ROK) has delivered an annualized return of 11.57%, slightly outperforming the S&P 500’s annualized return of 11.45% during the same period. 
However, in more recent timeframes, Rockwell Automation’s performance has lagged behind the S&P 500. For instance, over the past five years, ROK achieved an annualized return of 10.48%, compared to the S&P 500’s 13.96%. 
Year-to-date, Rockwell Automation has experienced a decline of 12.98%, while the S&P 500 has gained 21.54% over the same period. 
These figures indicate that while Rockwell Automation has outperformed the S&P 500 over a ten-year horizon, its recent performance has been less favorable compared to the broader market index.
If you have been brainwashed at Rockwell for 10 or more years you don’t realize the talent and power Rockwell should have had under any other leadership except Blake. Becky Scotty g. Cyril and all the other lackeys. None of them know squat. If they do they are lazy schmucks. Abandon the ship. Dunces are in control.
Buttermore is a sales wonk. He was placed in supply chain because Blake is a dolt. Bobby's backstory is weak. Who has he ever developed. What business has he grown. And why does he look like Ed Grimly??
Run run and run. Blake has ruined the company. Ask ANYONE who left before they need too. The rest are sycophantic dolts. Ask Arvind.
Regarding the ISC "Comedy Hour". Do you get the feeling that they are now concerned that the wrong people will just leave, so they have to find a way to spin anything positive that they can? In this case, it's blatantly disingenuous to say ROK outperformed the S&P500.
People are smarter than this... and doing things like this are going to make the employees trust their leadership even less.
During the ISC comedy hour, aka All Employee Meeting, Bobby B had his finance puppet try to tell everyone how great RA stock was and how it has out-performed the S&P 500. I don't if anyone else noticed, but it was based on 2023 and prior, they conveniently left out all of 2024. Guess what, if you include 2024, which the numbers are available on every financial website, RA under-performed compared to the S&P 500 over the long term. I get it, everyone wants to forget 2024, but don't p-e on my leg and tell me it's raining.
Blake has already pushed out all the long term talented executives. Now he will push out the cr-ppy new hires. Look at the departures since Blake’s tenure starting with Marty Thomas. It’s staggering the people who left or “retired” before their time. Say what you will about them, but the company on whole has struggled under Blake’s “transformation “. He has a disdain for the past and doesn’t understand the business. His decisions on plex, delays of ice3 controller and “cloud” based logic have and will be near catastrophic. Look at the sps show in Germany this week. All the competitors show better. Rockwell’s message is a word salad of nonsense. Then autofair where it is you and all your buddies in a Blake echo chamber. And more so because you now charge admission. Great way to get non Rockwell users-make them pay to attend. That Scotty G is a genius!
Didn't Becky's "appreciation" lunch get canceled?
Recovery will take a decade, not years. Strategic mistakes like Blake's—underinvesting in the core and cutting key domain expertise—erode knowledge that’s not quickly rebuilt. Lost experience and underinvestment diminish innovation and competitive edge over time. Recovery means more than re-hiring; it requires adapting to a market and technology landscape that’s moved on, adding further complexity to the process.
In other words... we're sc--wed.
More executives must be pushed out to signal to the market that the positive changes are indeed taking place.
Unfortunately, Status quo will be penalized by the market by further eroding the stock price.
Even if it is true that Blake is on the way out, the damage is already done and it will take years to recover.
Maybe Becky's "appreciation" lunch in December will turn into a going away party.