#management

A colleague of mine was fired yesterday. 6 months to retirement, but they fired him paying a severance package.
How does this make sense?

He was let go by a new manager appointed recently (6 promotions in 5 years - yeah, its possible) who doesn’t even know what my colleague does and how complex&important is his work.
No replacement, no time for handover.

And we got motivational speeches from a new manager.
I can’t believe its happenning, feels like being inside of ‘The Office’ sitcom, only its not funny.

What is going on with job titles? I see people with titles as senior teamlead and manager, however Noone reports to them.

1. They'll be global
2. US layoffs to be executed in Q4. Other regions usually take longer for legal reasons.
3. Exact US timing likely to be around 3/20 earnings. I heard people say both before and after.
4. PHK teams with members in ITC or PTC are likely to be fully outsources (MG spoke of this).
5. Management to be flattened. Expect fewer directors with more direct reports.
6. Nike is expanding the ITC office.
7. Outsourcing part of the mix.

What else?

I knew a phenomenal engineer who was in Managed Services. He was a CCIE, multiple firewall certs, cloud experience, you name it, and every customer we mutually worked with always praised him. According to him, management ignored his promotion inquiries so he jumped ship to another company making 40% more and I followed his example.

Maybe CDW only wants average talent?

I am an IC... So, I got a Mgr, AD, Dir, Sr Dir, and AVP above me - all of this before we even start to think about Band 4. They are just managing, no real work is bein done by them. they 'align th8ngs', collect status, communicate, ensure buy-in, collab... aside from the mgr nobody has clue what's going on on the ground. they rotate. they make decisions w/out understanding implications. they will drop acronyms and names but really, they do not know what they are talking about, total kabuki. nothing would happen if we were to cut this 50% or more. thats where the fat is.

Has anyone heard whether risk programs are being paused right now? With so many changes lately, it’s been tough to keep up, and I’m just trying to get a clearer picture. The goal is to make sure teams are set up for success, so any insight would be appreciated. Managers are eerily silent.

Profitability improved more than $2 billion year over year, with net loss totaling $194 million in Q4 and $747 million for the full year.

Looks like Gil and his top executives deserve bonuses for only losing $747 million for the year.

Its the worst. They have nothing to show and all they do is take years for decisions.
Thought Katie would be better but no progress. We are so behind on data tooling and no strategy to move forward. The move to Dennis wont help as he is out of depth.

Usually it’s the one dreadful day where everyone gets laid off on the same day. However this year (at least for my department) I have noticed with the EDs and MDs that they are being let go here and there. Since January we have had about 5 officers let go.

M@rk, please wake up and see who is running this company:

Your head of HR is an emperor with no clothes.

Your CFO is a washed up hack that does not develop people and is coasting. He also does not live our values.

Your head of IT is in WAY over her head and was a salesperson before she arrived here.

You need change. Why can’t you see it? The entire organization and Elliott does. And, yes, we all discuss it.

You have lost the confidence of your people. When you came in you gave us hope, but your leadership selections are ruining this company.

Another manager has left the emea space. what’s happening over there

People complain how things are … don’t you realize things are exactly why management on high wants? Most of these problems could be fixed by Friday if they wanted to. Guess what? They don’t. Churn-n-Burn is what they want. Blame the employees. Keep service as low as they can without the DOIs complaining to earn maximum bonuses. They couldn’t care about the customers. Meema and Pappy who’ve been with us since the Nixon administration aren’t going anywhere. Need new policies? There’s always rejects The General dropped to add for 6months to a year to show growth. Whatever the advertising (either on tv or from your TM or SM) know that the opposite is true.

Just got notified that I have to take some kind of change management training along with other managers ( aero ).
Sounds like the same playbook they put us through in 2017 and 2021.
I still have the notes .. and the survivor guilt.
1) Leader Training ( Pre Announcement)
Why & How, empathetic communication, Legal /HR compliance
2) Managerial Training ( Post Announce/Transition)
Survivor guilt & fear, workflow redesign, resistance mgt
3) Employee Support & communication.

Heard a rumor that remote managers need to move to a hub. Any truth to that?

Your leaders are training AI to replace them.

I don't wish job loss on anyone, but it's always the grunts who get sc--wed. Management has been bloated forever, and some roles won't be missed, AI or not. If those of us doing the actual work, for the least pay, can keep our jobs given how tough the market is, I'm okay with it. People with bigger salaries can weather unemployment longer. Most of us can't survive more than a month or two.

The cover story for layoffs is that the financial incompetence of leadership led to layoffs, but, in fact, the impact of layoffs seems to be a rise in Authoritarian management practices (do this or we’ll axe you, whether you like it or not), which leads one to wonder if that was not always the point?
Foreigners in management coming from corrupt and inbred home countries cannot be expected to understand the drive and spirit that made Silicon Valley unique and powerful, so, in the mockery of imitating greatness, they replace inspiration with the whip?

Layoffs next Friday! All industry orgs! Managers included.

I’m hearing this from the very top.

Based on the other thread seems like it’s possible, although not sure if only HR can view that or if managers get that report as well. Any managers here can confirm or refute this?

Really? Managers/Advisors and above to come in while everyone else works from home? What makes us so special? So instead of me working from home they rather have us take off and do no work...smart! Thank you but no thank you.

Retail branch managers in my city are telling us to call clients on the federal do not call list and if a sale happens on the call, we are to log that we didn’t “lead” with the sale. I helped out at one branch recently and there bankers are being told the same as my branch. Previously when I started working here, the manager would tell us that we are to log bad contact information on the lead and leave notes that it is on the do not call list. We are now told that if we don’t call clients on the federal do not call list and if we log bad contact information that we will be in hot water with area manager. We are told this change is coming from our area manager and it’s been going on for a little over a month now. I do believe it’s coming from above my branch manager because I’m seeing it at more than just my location due to helping branches with turnover. Most recently this area manager is “encouraging” the managers get us to do seemingly unscrupulous stuff with opening accounts dda units and shifting dollars to our area. Is they’re funny business coming from way up top being seen everywhere or is it just area leadership in north Florida? Relatively new to this bank and wondering if I should prepare an exit before staying too long.

I’m hoping someone in management will read this and wonder why we have Refining PCN doing the majority of IT infrastructure, and IcS staff at sites are pretty much useless and do very little of the core business.
It’s the biggest waste of resources at the sites. If you look at the top 2 incentives they implemented ClarOty and SolarWinds are totally a joke. ClarOty isn’t doing anything and ICS management is projecting the benefits. Ask any PCN Team lead they will laugh!
Please help us at the sites!!!

i'd start with "eliminating favoritism" - it's soo rampant in my group...

VP Finance and Strategy. OMG he was a total buffoon and bootlicker.

As part of flattening the organization, Managers and Senior Managers don’t have duties of people management. Directors are having them now. And thus they are now strictly technical. Do Managers and Senior Managers have to contribute now? In other words, do they now have to work on tasks like others on the team?

post here if you see this too.

My team lead, a nice guy but not the sharpest, decided to do my appraisal this morning. As usual, everything was “fine.” Lots of fluff and no real substance, except for one thing. He kept stumbling over words and mispronouncing them.

It was obvious he had no idea what he was saying. It sounded like a seven-year-old reading their first chapter book, except the words were not even difficult. It was honestly embarrassing to sit there and deal with him.

At that point, it became clear that he did not get the position based on performance.

It was pathetic. I understand using AI to clean up grammar or help organize your thoughts, but having it actually write the whole thing for you? No.

If anything, AI will replace low-level managers before it replaces the people actually doing the work. That is crystal clear to me now.

How many c bands or level 3 it takes to close a building due to bad weather?
At 300k each, they caanot convice stanky to close a building for a day.

We just got in 4 new forklift batteries … now there is a rule we can’t use the chains to pick them up off the pallet with a forklift to put them on the battery changer! So, home office .. please enlighten all of us on just how are we supposed to do this without a forklift? Let alone putting the old ones in a pallet to ship out ! Between u making our lifts go slower than the floor scrubber these so called safety changes are about the most id--tic changes in the 27 years I have been here ! Maybe home office needs to start working in clubs so they can try to do all this ! Be prepared for a lot more workman’s comp cases since these kinda changes are not safe for the associates !

Was on PTO all last week. Manager set a meeting with me tomorrow afternoon titled ‘Catch up’. Odds I’m getting canned?

I’ve ventured out to look at my calendar once or twice on a weekend because I need to plan an appt or otherwise around work calendar and realize other people are online (managers/directors). Do they really work on weekends? And if so, why?

Finance ops has an external job posting for a credit and collections analyst. Really? Just months after layoffs? The job description says to resolve billing and payment disputes. Can this not be done by AI or competent management? Does the executive leadership not have any prior operations experience that got this approved? Vz needs efficiency and value. Not more inefficient army building with overlap and chaos which directly caused the need for layoffs in the first place. Does Dan know people are posting external manual processing roles just months after layoffs???

I live in overland park. All I hear is how poorly managed the company is. Is this true?

Home office .. if u read this ! STOP STOP ordering so much clothing.. it is ridiculous how much clothing we have and how much we have to sell to liquidation . We have a winter sweater that barely sold .. we have over 700 of them between the 3 designs .. WHY ??? We are not a clothing store .. walk into Costco and I bet u don’t see the same looking item with 3 different brands like we do! Bad enough our ladies clothing is awful .. we don’t have room for 4 pallets of the same thing that just ends up liquidated !!

Bloomberg, 2 weeks ago. Qualcomm needs to change.

https://www.youtube.com/watch?v=wdFc2rJb6h8

Since FDS can't manage asset recovery for sht I am grateful for the spanking new machine. Your fault for not locking the BIOS ye tools

Hey, its me. The person with almost a decade of experience at your company that you laid off Thursday. Its okay, though. I knew. I knew before you knew because I know this company better than you. I've been on the ground floor while you've been on the golf course.

The company has changed. Have you even been around long enough to witness it? Im not talking about the missing "snack budget" or lack of team outings. I thought it was bad when talented people were leaving years ago. In the last year its gotten much worse than that.

Pay closer attention! Are you listening? Do you hear the tension in the meetings? The crackling of constant fires consuming your teams? Endless "Priority" and "No budget for that" rings in your ear like tinnitis.

There is a collective amnesia worsening as the brain drain sets in. Teams start to make the same mistakes that have been made before because there is nobody around who was there the last time it was tried or failed. So they have the same conversations, but this time nobody is left who is brave enough to speak the "quiet part" out loud for fear of "being next". The wrong choice is made this time.

But you're managing how many teams now? Did you even notice? Did you see how the work is rubber stamped before being sent to production? The person who actually took the time to thanklessly review it is gone. They won't be patiently fixing or correcting the HIH hire's issues either.

But thats okay because of AI, right? That'll make up for the skill shortage? And the severe understaffing? A trillion dollars has been invested in it! All the world's digital data fed into it! Its "the future" and "inevitable" or so they say. Uh oh, you ignored that silly SME (subject matter expert) who could actually tell the AI was hallucinating? Don't worry, that SME is gone now! You no longer have to hear about how they had to scrap the AI's work because it was "worse than a junior intern" or "if a human had broken the project this bad they would be fired". You can't even fire the AI because YOUR manager would fire you!

I could go on, but let's be honest: they dont pay you to read, think, or care. Your job is to get the CEO rich by helping pump that stock by any reckless means possible. Too bad its failing. Even with stock buybacks, outsourcing, layoffs, etc. Im sure you're safe, Mr. "Top Dog". What's that? An org restructuring is happening? ...HR would like you to read this prompt to yourself. Thank you for your service to the company.

leadership havent evolved in the last 10+ years. For a company that is hyper focused on money making strategy over and above technology strategy, the pivot should be to high margin software. IBM and HPE constantly acquire software companies and are better for it. JC is a one trick pony and every leader beneath are 'yes men' who are only concerned with their next options or rsu allocation. Bring in some fresh blood and wake up ya muppets!

My god its nothing but incompetence. Take your wanna be fancy degrees and shove them where the sun doesn't shine because holy moly the amount of common sense added up together doesnt say much. Just give them back because none of you deserve them. Completely sabotaging staff and the whole damn place