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My mid year thoughts

These are my random thoughts in no particular order.

First if you were impacted then I feel for you and wish you the best. Just understand average employees are paying the price for some terrible mgmt decisions made over the years. It’s nothing personal you did wrong. Some of the best workers I have worked with have been at this company, but they are not valued.

Today I learned the company will stop paying for home internet for certain grades. The penny pinching continues on top of job cuts. It’s not a good sign.

This year has been brutal with cuts , the employee survey scores are in the dumps. My personal opinion is things will slow down before another “right sizing” in October.

What should you do? That’s up to you. Some people say to me they are actively looking and will bail if they get another gig. Others say they won’t leave without being forced to with a severance.

The stock is up slightly but the company is circling the drain imo, the core problems have not been fixed . You should consider what boat you are in from the above paragraph. I’m not sure there is a right or wrong answer. I am happy to opine on any question you may have.

Ps. I’ve read the other threads and I can confirm management in OI is poisonous and vindictive


What is going on with commissions?

It's been since April 1 since I've received a commission check, my boss said we would have plans at the end of April so we could get commissions, then May, then mid-June, and he now admitted he has no idea when plans will be out so that we can get paid. He laughed and said he isn't getting paid either. Fortunately, I have some savings, and can absorb a couple months of waiting, but I am running low on funds now, but half of my team is looking for another job, they need the income. There is no confidence that even when plans come out, that the commissions will be right, trying to mix XBS Corporate and now Enterprise, and Lexmark with all the assignment changes. My salesforce is still wrong, and I am missing accounts that were sent to inside sales for now reason. Our CEO and SLT promised better communications and transparency but we haven't seen even one communication about commissions. Is this to hold onto cash or something? Are others having problems getting paid commissions? This seems widespread


Before You Jump to XOM

If you already have a job, keep it. ExxonMobil looks glamorous from the outside, but that shine is fake. I learned the hard way. I ignored every warning about the toxic culture and left a stable job just for the brand name — biggest mistake of my career.
From day one, the so‑called safety buddy didn’t even bother to do their job. Non even a proper welcome.
My first project manager opened our very first meeting by lecturing me about their ‘compete‑to‑win’ culture and how they rank and eliminate people every cycle.
This place isn’t about work, it’s about alliances, cliques, and survival. If you’re not part of a protected gang, you’re a target. Everyone watches everyone. The paranoia is all over this workplace. It’s a pressure cooker with a shiny logo slapped on top.


The Corporate skill nobody teaches…

Can someone teach me how to be a yes-man and boost the egos of unskilled, manipulative managers? Apparently, that's the skill needed by TPD Associate Director. Please for once can they let go Boston AD …

Unfortunately, I'm not good at that, so they'll probably let me go.


RTO - 3 days is a JOKE - Really just to drive tap badge login logoff and again on teams call

Wasting 3-4 hours in car - just to tap badge , login logoff again on the meetings - really its counterproductive - makes NO sense in the year 2026...Well I get it Gunjan comes from old school industrial manufacturing background - This is really damage the bank on the long term - meaning less RTO ...Really


Give me a fat package!

In the hushed stillness of the modern workplace, we observe a remarkable moment in the life of one seasoned professional. After years of navigating complex terrain, adapting to shifting environments, and contributing with steadfast dedication, he now approaches a new and intriguing crossroads.

Here, we witness a Dell gray beard — poised, thoughtful — signaling his readiness to embark on a different kind of journey. With calm resolve, he indicates his willingness to accept the early retirement package offered by his employer. It is not a retreat, but an evolution. A transition from the industrious rhythms of daily labor to the wide‑open landscapes of possibility.

And so, as this chapter draws gracefully to a close, a new one begins — filled with promise, curiosity, and the quiet thrill of the unknown.


Private Equity

I keep seeing posts about PE as a savior.

Question, have any of you worked in PE? It ain't fun.

Reminds me of the line in good fellas ..

Business bad? Fu-k you, pay me. Oh, you had a fire? Fu-k you, pay me. Place got hit by lightning, huh? Fu-k you, pay me.

Say good bye to good benefits, PSP, stock options (oh yeah, yours will be worth nothing), probably a reset on PTO...

And if it does turn around, you won't see a penny


Di-ks has disappointed so many on many levels

I’ve worked at Di-ks for 8 years and in that time the changes have been like a roller coaster !!!!
From firing of quality managers to replacing them with unqualified ones.
The workload is crazy they are not reasonable at all . When you do bring up issues that need to be taken care of , they yes you to death but do nothing .
They post a sign if you see something say something and when I did, nothing was done.
I’ve seen the stock in the midteens and when Covid hit, it was a perfect store for the environment. The stock went through the roof. This company is typical of other big corporations. They only care about the stockholders and their bottom line which on some levels I understand, but I think it has gone to their head. Upper management is just unrealistic..

Back room and the stockrooms are an accident waiting to happen and they do nothing about it. They employ younger people pay them less and go out of there way to not pay Benefits .
The psychological test that they have given the employees that have been working there are all a smoke screen to lower their overhead.
Cut salaries get rid of quality people all for the obvious reason $$$$$ sad really
They don’t Care about the employees at all … God forbid you were a handicap person and had to move your wheelchair in that store. My store was in Florida.
Somehow, they get away with not giving a handicap person enough space I thought it was a law. They just care about stuffing the store with as much merchandise as possible. I’m guessing the state looks the other way. Kind of ridiculous and sad.
The company is all smoking mirrors .
The only care about the customer because they spend money .

Getting back to something I said earlier, it’s a dangerous place to work and no matter what you say nothing‘s ever fixed so in the end I did get hurt. I also witnessed other people getting hurt.
When I was injured, the managers did not know what to do. Didn’t know anything about the paperwork or where to send me. I sat there for two hours and they didn’t know what they were doing in the end. They had to call other stores so with all the training that they give you and it’s a lot I believe all of that is done just to cover themselves for any liability, but they don’t bother to train the managers

I could go on and on about the things that are wrong with that company. I’ve seen it all, but I don’t think there’s enough space for me to put everything down that’s wrong with them. They bought footlocker because they had so much money supposedly because they wanted a European presence. Just not a place I would recommend to work looks good. They get all the kids to work there 18 to 22-year-olds because it’s a sports store. That’s a funny comment because it’s become a clothing and shoe store with the out of fringes of the store being sports and fishing. They recently because of the psychological test that almost nobody passed got rid of a guy that I believe opened the store originally high-quality individual who did anything. They asked them to left the sweat on the floor and how did they pay him back offer them a deduction and salary stay full-time or take a severance package it’s highly insulting and if they cared at all about the customer, that’s a guy that should still be working there he was very well liked by the customers. He was intelligent articulate and learned everything that he possibly could in that store yet he was just a number very sad. Di-k should be ashamed of themselves.


CliftonLarsonAllen Buys Perkins & Co; Portland Layoffs Follow

Perkins & Co has been acquired. CliftonLarsonAllen completed the acquisition. The deal resulted in layoffs. These layoffs affected employees in Portland. The acquisition reflects challenges for independent firms.

Portland, Oregon

https://www.bizjournals.com/portland/news/2026/06/25/perkins-and-co-cla-cliftonlarsonallen-acquisition.html


Royal Kona Coffee Center Closes After Earthquake, Four Laid Off

A 6.0 magnitude earthquake in May caused substantial damage. The Royal Kona Coffee Company Center closed indefinitely due to this damage. Four employees were laid off from the Captain Cook location. The business continues to operate, but its in-person visitor center is closed. Resumption of visitor center operations remains uncertain.

Captain Cook, Hawaii

https://www.hawaiinewsnow.com/2026/06/26/royal-kona-coffee-center-closed-employee-layoffs/


iHeartMedia Reduces St. Louis Radio Station Staff

iHeartMedia implemented layoffs affecting its St. Louis operations. The San Antonio-based company let go employees. Several local radio stations experienced these staff reductions. Radio hosts were among those affected by the layoffs. One host had been with iHeartMedia since 1985.

St. Louis, Missouri

https://www.bizjournals.com/stlouis/news/2026/06/25/iheart-media-radio-layoffs-include-stl.html


This company has truly changed.

It used to be a place that valued intelligence and creative thinking—a place that took the time to nurture those ideas and bring them to life. Bottom-up really worked here, once.
And now? Collaboration in name only.

It’s full of political operators who shamelessly claim their subordinates’ achievements as their own, and mere clowns who latch onto those operators like remoras clinging to a shark. It’s a culture that swats down bold, unconventional ideas with the brute force of majority rule.

Talk of short-term results and targets has become deafening. There’s no respect left for building a real argument, no respect for intelligence. The only thing that thrives here is harassment carefully calibrated to stop just short of being called harassment.

I’ve concluded that this company has rotted from its people outward.

Goodbye.

I HAD TO REPOST, NOT MY POST:
6 days ago by Anonymous | 10 reactions (+10/-0) | Reply
Post ID: @pj+1kva8jdvr


The forgotten credo

Before taking the company public, Robert Wood Johnson II worried that shareholder pressure might eventually overwhelm the company's values. To prevent this, he created the famous Johnson & Johnson Credo, which established the company's priorities:

  • Patients, doctors, and nurses
  • Employees
  • Communities
  • Shareholders

He believed these priorities were so important that he had the Credo carved into massive limestone monuments placed at company headquarters.

For decades, this philosophy helped guide the company.

Eventually, however, later generations of leadership abandoned it.


Tech HR

I joined Tech going on a year now, and I have been working to improve accountability and address long-standing performance issues. Not to be punitive, but because it’s better to deal with low performance directly than end up laying off good employees later.

My biggest frustration has been HR and specifically, employee relations supporting Tech. It’s hard to get a clear answer on what action to take, harder to get a response, and when you do, the guidance often contradicts what leaders in other departments are being told.

I know they’re under pressure too, and I’ve tried to give them the benefit of the doubt. But when managers can’t get consistent support, it makes leading my teams a lot harder. At some point, that becomes an HR leadership issue. I hope their senior leadership is paying attention.


Micromanagement

I’ve been in the workforce over 30 years ( including 16 of them at US Bank) and I’ve never encountered this level of micromanagement where salaried professionals are treated like they’re hourly employees. This is not meant to disparage anyone hourly at all but being on salary has typically meant you aren’t tracked on an hourly basis. You are trusted to be mature and professional enough to manage your time and perform your job and if you aren’t getting your job done, you get fired. You are evaluated based on your overall performance not based on where you’re sitting and for how long. Simple.

This just boggles my mind because it’s so draconian.

Bumping from @aq+1kt7a1e2m.


Complete disconnect

It's wild how disconnected senior leadership is from the actual day to day. They sit in their meetings looking at spreadsheets and making decisions that have nothing to do with how things operate on the floor. Meanwhile, the people who actually know what's going on are put on ignore, and then they wonder why their grand plans never work out.


I put in for the VSP

The VSP makes sense for me. I am fortunate and I know it. And I get the fear of everyone. I have heard via a high ranking person within the company that pretty much everyone that asks for it will get it. They might be kept beyond the 9/1 date due to a project or something.
I get what is happening, but the people who don't place the blame 90% on the shoulders of Sarah London and the BOD are misguided. Last week we saw the BOD firming up their grip on power by bringing in another person on their side. This is unfortunate for the employees and probably the stockholders as well.
I wish all my coworkers well, but if you can swing it, take the VSP and move on.


Wells Fargo is approaching breaking the record

...for longest period of time that a public company has posted consistent YOY headcount declines.

I got curious this morning about just how unusual the situation at Wells is, and decided to do some digging. Based on the information I can find, here's some of the existing records for longest consecutive streaks of corporate downsizing:

IBM went through 8 years of downsizing from 1985 to 1993 as the tech market moved from mainframes to personal computers, shrinking from a high of 405k employees to 219k by 1993.

General Motors went through 7 years of YOY headcount reductions from 2002 to 2009 as a result of foreign competition and shrinking market share, up until their bankruptcy in the wake of the global financial crisis and bailout by the US government.

Blackberry/RIM posted 5 straight years of headcount cuts from 2011 to 2016 as a result of competition from iPhone and Android, finishing in 2016 with 25% of the employees they started with.

Wells is currently running a streak from 2019 to today, blowing past Blackberries record and in line with GM. Given the CEO's public statements, we're also on track to beat IBM as well. Don't you feel proud to work here?

(My point was this post was just to let folks know, if this feels like an overwhelmingly toxic place to work, you are not alone. The situation at Wells is extraordinarily, historically bad. This is not normal)


Such a weird situation

Our manager went on leave and let us know a few days later through email he was no longer with the company. Now we're sitting here without a manager not sure if he was fired, laid off, or just left on his own. Frankly, he wasn't a great guy so I don't really care about him, but it'd be good to know if it's a sign of something to come for my team.


Everyone is looking for a new job

But I'm yet to hear that anybody found it. That's how bad it is out there. And that's the main reason why not just Verizon, but most of the companies can currently get away with treating their employees like cr-p. There's literally nowhere else to go for the majority of us.