#performance

TCS has instructed managers to classify 5% of employees in the lowest performance category. This directive applies to the latest appraisal cycle. The move has generated concerns about potential new layoffs. This follows a previous retrenchment of approximately 2% of its workforce. The company had previously planned to let go of 12,200 employees in fiscal year 2026.

https://www.ndtvprofit.com/business/tcs-asks-managers-to-put-5-staff-in-band-d-stoking-fears-of-fresh-layoffs-report-11512010

Hearing PFUS leadership is saying privately that they will miss plan in 2026 and 2027. What will be higher, the team score or percentage of people who are still around by 2028?

Those who got laid off, pick up the damn phone and call the employment lawyer. Those who were managed out by your sickening managers who gave you fake IM performance review, pick up the damn phone and call the EEOC and labor department. Fight back!

You don't have to share personal details that would compromise your identity but after being placed on one myself, and deciding to quit soon after; I always felt it was unwarranted, unexpected, and retaliatory (but not enough to form a fuss over it and pursue any type of action after I left). After dedicating so much time (including lots of overtime and weekends; and going above and beyond with above average annual reviews), I always felt it was never about performance but something else but hard to prove. Hence why PIPs are always the tool for companies to use to get rid of someone.

Anyone else care to share if you feel comfy?

Time to clean the rot and remove these parasites now. bp deserves new people (internal and external) to ascend and take bp to a new level. Meg will not have the luxury of time…similar to Woodside there are cracks in the edifice and challenges midterm…cheerleading because trading got a massive gain while the average gains by trading the last 20 years is a paltry 4% ROC

Go-Go has been saying for a while now that the “Transformation” that he’s inflicted on the company are going to show real results in the year 2027.
Things are going to have to pickup pretty soon because we’re nearly 5 months into 2026 and our stock is still badly lagging our 2 main competitors stock price.

Stock is bleeding out. Will the cuts help?

Has anyone else noticed that for the past 2 years we have been making LESS money.

It appears that our we-ponized ranking system is definitely paying dividends.

A few more people in the PIP aught to do it. Let’s go ahead and run off our most experienced personnel and outsource overseas.

To the board…..keep up the great work. Y’all all deserve bonuses.

Inflation-adjusted profits (millions USD, in April 2026 dollars):
• Q1 2026 (ended Mar 31): $4,183 → ~$4,220 (minimal adjustment)
• Q4 2025: $6,501 → ~$6,630
• Q3 2025: $7,548 → ~$7,720
• Q2 2025: $7,082 → ~$7,280
• Q1 2025: $7,713 → ~$7,980
• Q4 2024: $7,610 → ~$7,950
• Q3 2024: $8,610 → ~$9,050
• Q2 2024: $9,240 → ~$9,750

I was already a 10x engineer. Now I'm 3x10x. I think next week I'm slated to up that to 9x.
In a few more quarters, I figure I'll be outputting more PRs than atoms in the universe.

How is it that the largest US nat gas company missed the boat on the ai/data center bo-m? Sounds like there’s lots of high level people working to get something moving who don’t have a clue, go figure, all the while, their E&P operations are struggling, planning is awful, lack of high level leadership and planning, get your act together, your PM stock has been worthless since the previous bankruptcy which is most likely happe i g again, smh…

Won’t be long now. This has to be the beginning of the end.

https://www.gurufocus.com/news/8863065/dell-technologies-dell-receives-price-target-increase-from-jp-morgan

Welcome to the penny stock category. Well done C-level - we'll deserved mega compensation packages.

That tells you a lot about the 'executive' ability of the lineup that steers this ship.

Top of the leaderboard again. Year after year:

https://x.com/TheLayoff/status/2055330545052381473

Thanks for sitting down with the Houston Business Journal, M@rk. Another example of time away from the office to manage your image while the CEOs at MPC and VLO are in the office leading.

And “responding to what the world needs” is an example of M@rk overestimating the company he is supposed to be leading. Phillips contributes, sure, but the tone shows arrogance and lack of awareness of the real scope of this domestic mid con business. At the moment, all supplying the world has done is ki-l earnings and increase volatility and led to MASSIVE underperformance vs peers

Do not ask me where I got this from. This is the layoffs plan:

Leadership has determined a strategic shift to cut costs, invest in AI, reorganize priorities. Finance and HR has identified which teams, roles, or locations will be reduced, mostly around Engineering. Managers are evaluating employees based on performance, role relevance, and compensation, while HR and legal reviewing the plan for compliance with labor laws and discrimination risks (Yes, external consulting firm involved).
Once finalized, affected employees are notified (by this month) — often through meetings or emails — with system access revoked immediately. Intuit will make announcement via public messaging framed around terms like “restructuring” or “AI transformation” to shape the narrative.

A hiring freeze will remain in effect for the next six months, after which recruitment will resume with a focus on new strategic priorities — even as current employees continue to shoulder heavier workloads within leaner teams and under heightened expectations.​​​​​​​​​​​​​​​​

Hope this helps.

It’s very evident that ConocoPhillips has created a real niche and is running on automatic. The companies top leadership and enforcement arm…HR has manufactured a false reality with pretty impressive results. What happens when timelines and realities converge and expose or challenge this fragile ecosystem? Is COP a quarterly darling or do real reality and fragility intersect?

Nike increased women in VP+ roles from 39% to 45% and minorities at Director+ level from 26% to 36% between 2021 and 2025. Considering how few senior leader roles open up each year, that’s a big change in a short time. Has the company become stronger because of it? Would Nike be in an even worse position if it hadn’t invested in DEI?

Trading under $8.50/share. Its IPO price was $20/share less than a year ago.

Demon David Kenny riding a wave of su-ksess.

I've been in "corporate america" long enough to understand that the decision to surplus you often goes beyond just performance or willingness to improve, it often hinges on the fact if your supervisor or leadership chain like you. If they don't like you or you're always seeming to cause a problem, you're likely one of the first to be selected.

What got people on the list vs what saved them? There’s one person my team - haven’t seen them in the office. Another person in a different office within commuting distance but never goes in.. neither one was on the list. Each has other issues - unresponsive, argumentative, harassment - so yeah what got you on the list? Has to be more than no more Agile framework.

A monthly aggregate means that we don't know about any data problems until after the fact. And since this data is tied to performance and possibly bonuses, we should on a weekly basis if any of our in office days didn't track accurately. Fix this please MC!

I've worked in plenty of healthcare companies, all ugly and rotten. But this place is next level. You'd think someone would figure out that this much stress, micromanagement, and tearing people down doesn't actually improve performance.

Let me break down why most of the employees are unhappy. First, forced ranking. Everyone is fighting for survival, taking credit for others' work just to avoid a PIP. Second, false ranking. People on the fast track get top ratings even when they cause major problems. Third, location bias. An expert here gets rated lower than someone in a cheaper country who makes constant errors. Fourth, promoting incompetent people. Industry experts end up reporting to managers who don't understand the work. These problems could be solved, but leadership chooses not to.

https://www.devdiscourse.com/article/headlines/3907833-intels-grand-reentry-into-formula-one-sponsorship

Looks like Intel is rich now. Employee going to get big bonus this year?

BNY has finished its evolution from financial institution to LinkedIn‑themed performance art, where optics outrank output and your “personal brand” is the only deliverable that matters.

Real work is optional; what counts is the curated feed of hallway selfies, Teams‑call enthusiasm, and gratitude posts praising and thanking the EC, all polished to a corporate shine.

Following RV's brilliant example, Leadership has quietly traded competence for corporate‑influencer energy, rewarding visibility over execution because it’s easier to manage a workforce obsessed with image than one asking hard questions.

The shift isn’t accidental. It’s a distraction from layoffs, offshoring, and AI quietly absorbing job families. If employees stay busy perfecting “leadership presence,” they won’t notice the restructuring happening beneath them. BNY doesn’t want performers — it wants performances. Show up to the photo‑op town hall, drop a few “inspiring journey” hashtags, give a like to an EC empathy post, sing hallelujah praises to the almighty RV and EC team and suddenly you’re a rising star, even if your actual output fits on a sticky note.

At BNY, the only performance that matters is the one you can screenshot.

Is it me, or is EJ making absolutely terrible experienced FA hires? I have met a few and most have not brought over significant assets and probably were on their last leg at the firms they came from.

One actually said that they joined EJ because of Moneyguide. Not to service clients better - or for better options to grow a practice - and certainly not the culture. Simply because the firm uses MG.

Another one I met makes odd comments in meetings (totally off topic) and appears to have some personal hygiene issues (the type you smell).

Like, what is happening? Is this just hiring to keep Chubak happy? Or is this the best the K-Mart of wealth management can hire?

I heard some people will always have ratings above VG.
Is it the same as being hipo, or just protected (whatever that means)?
Does that change often? What does one need to do in order to be in that pool?

The new trend is to fire you for performance. Zero coaching or advance warning. Let say you are rated Meets. During mid-year, you will be surprised with IC or NI with no turnaround plan. It will be some minor issue too like failing to staple your TPS report. WFA is already planning this. It’s evil and they hope you don’t sue.

The amount of money this company could save by getting rid of b-ms. Anyone see these people sitting in booths all day long and the old man walking in circles- VP by the way. Lets get rid of em and allocate the salary to deserving hard working employees!

Did anyone else see the post where the Chief Digital Officer was just dancin’ around at some Good Energy Event? I didn’t see her doing any actual work.
This was posted on LinkedIn.

Watched the SAP Sapphire keynote. Embarrassing.

Speaker after speaker, palpable stage fright. Forced enthusiasm, unnatural pauses, reading slides like middle school presentations. You'd think a $30B+ company would invest in actual public speaking coaches, not just PowerPoint designers.

How you say it matters more than what you say. Every awkward "game-changing!" inflection ki-ls credibility faster than a missed quarterly target. Audiences aren't stupid. We see the anxiety. We feel the disconnect.
This wasn't visionary leadership. It was a $500k production budget wasted on executives who can't connect human-to-human.

Fire the presentation trainers. Hire actual speech coaches.
SAP sells trust at enterprise scale. Start with your keynotes.

Anyone have any insight on this happening?

What a shame - this leadership team led by Mike is not getting it done for us investors.

while broader financials only down 6%. JPM down 7%. BAC only down 9%.

Citi is up 7%

Booooooo Charlie Scharf.

Show us the asset growth.

Dan Schulman made 34.3 million in 3 months in 2025 :He only became CEO on October 4, 2025 — so he earned most of that in just 3 months as CEO. Here's how:He received a $9.5 million RSU grant upfront just to compensate him for pay he forfeited when he left a prior investment firm to take the Verizon job. Then a $20 million RSU grant vesting in 2027, plus a $30 million PSU grant tied to performance — all loaded in at the start. Add his $1.5 million base salary and a short-term bonus target of 250% of base salary, prorated for the portion of 2025 he was CEO , and you get to $34.3 million fast.The CEO Hans Vestberg collected $31.2 million in 2025 compensation. So Verizon paid two CEOs over $65 million combined in the same year it laid off 13,000 workers.The system that allows this:The board sets pay. The board is elected by shareholders. But in practice, executive compensation committees at major corporations benchmark pay against other large companies — creating a ratchet where CEO pay only goes up, regardless of performance. Schulman got paid to leave his last job and came in loaded with equity from day one, before proving anything.
So to directly answer your question: he made $34.3 million largely through upfront equity grants and a golden hello — not because he earned it through results. The results come later, if they come at all.

Are we out of the woods yet with the low stock price yet? Looks good so far. Hopefully everyone onsemi layed off in the past can enjoy some of the benefits to the price rise when they sell and put the onsemi experience behind them.

Do hiring managers tend to be prefer candidates at the New York City office compared to other locations regardless of how many other locations the role is posted?

I saw most of it on social media but the group who went kept it off LinkedIn, probably because they were told to. So many useless people who under perform got to go. Unbelievable.

How much time does EH have left until he himself is laid off for underperformance? Who would the next CEO even be? Internal or external?