All of this diversity stuff is just smoke in mirrors , I witnessed a female that happened to be Asian and on top of that a year on the job , yeah she was laid off. I'm sure ol Mary's heart is really broken up , B.S. But wait ! She's going to save GM before it's to late.
11 replies (most recent on top)
Thank you all for responding to my thread. You know I really loved working at GM , I miss the daily interaction and people alot. It's a damn shame all of this has happened to so many good folks like all of you guys and gals.
Remember, Jim Queen is the guy who pushed for GM to be global with multiple engineering centers around the world, and thought that anyone with a degree was just as good as anyone else with that degree, and that experience meant nothing. Bob Lutz was ridiculously expensive to have around with repeated high-cost, low-benefit decisions.
Mary will likely be pushed out in the next few years when all of the cuts show no sign of stock price increase, and when the money spent on autonomous and electric vehicles are really showing no sign of paying off.
Mary is going about things as if GM were a startup that can compete on the stock market with the likes of Tesla. The fact is that if GM were to offer a vehicle identical to a Tesla in every way, shape, and form (i.e. an actual Tesla) but put a Cadillac badge on it, it wouldn't sell. People aren't buying Teslas because they're great vehicles. They're not buying Tesla stock because it's a sound decision. Both are emotional. GM won't be able to achieve the same.
It'll also take the better part of a design cycle for the recent staffing reductions to take effect. In the presentations that were shown regarding the engineering cost benchmarks, the target was not to be a good engineering company. The target was to put GM among the most mediocre companies. That's not a winning strategy. JD Power and Consumer Reports will take notice.
Once the personal Cruise money is in the bank.
To 1ykr - agreed. My question is how much longer will she be CEO? Is there a specific time kinda like holding office or is it an invitation to step down, How does it work?
She implemented massive layoffs back to 9 or 10 years ago when she was HR head. Since she taking CEO, she has been always doing "sell and cut" strategies, and GM becomes smaller and smaller. She seems only has the above experience and wants to save her position. She runs GM - over 100 years corporation like a start-up company, it would not work. The reputation of GM is worst in the history, people don't want to buy GM and to be hired by GM, she really needs to resign to revive GM.
she thinks any bold big action will show how important and cool she is. Missing the fact that a stupid random layoff process with no given metrics already has demoralized all IT.
Tom Stephens or Jim Queen would be great.
Is it too late to call back Bob Lutz?
At least I had a job when he was making the vehicle decisions.
This diversity stuff is what corporations are about, unfortunately. They are looking for a brown woman to replace mtb to please the gods of diversity.
GM needs a new CEO to save GM!