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5 day RTO is here.

Well the long awaited 5-day RTO announcement finally came and in PNC fashion it was an email instead of being covered by the executives at their all hands. Obviously they didn’t want the questions or responses. Demchak is so disconnected from reality it’s comical. Good luck to folks that have been hybrid remote since well before the pandemic, a detail most in leadership seem to forget. Can’t wait for the talent to leave in troves to get paid what they’re worth.

Company wide email to come later this week. Only managers received the communication for now.


Principal Applied Scientist

After so many layoffs, needing to go to market to fill the position of Principal Applied Scientist in Enterprise AI team is not a good look:

https://careers.chevron.com/en/job/houston/principal-applied-scientist-enterprise-ai/38138/90322089824

What happened to the robust pipeline of talent that was spruiked so enthusiastically by IT leaders only a few years ago? What happened to all the digital scholar wunderkinds who were going to change the company?

It looks especially bad after so many other high-profile departures from Chevron, especially in the IT and data segments.

And who in their right mind with those skills and located in the US would work for Chevron?

(I wonder if whoever lands the role will have to do a Skills Insights assessment, and whether they will be allowed to score above “fundamentals” with their lack of Chevron experience?)


Labor Market Starting to Turn

Wanted to share since everything is cyclical. Looks like we hit bottom on the labor market cuts. Should start turning around very soon. That’s not going to bode well for the tops attrition plans and current treatment of employees. So far they’ve managed to retain more people than they would like; however, with the market maybe starting an upswing, the talent is about to go to greener pastures with higher pay and better treatment. Going to lose the very people they would like to keep. The only thing keeping people here are waiting another year or two to retire (most people), the hangers on do nothings waiting for severance (no offense to you, but you know who you are), and the talent that’s stuck due to a bad job market. The last class of employee is the ones they don’t want to lose, but will be the first to go.

https://www.cnbc.com/amp/2026/01/08/layoff-pace-in-december-hit-lowest-level-since-mid-2024-challenger-says.html


VBG Jobs Being Backfilled

The cuts in VBG definitely had to be performance based. I’ve been looking up VBG jobs that have been posted in Jan in various states on Verizon careers website and there are several openings for client executives, senior account manager/account executive roles and the retail smb positions. Some of the cities I selected recently had people riffed in that area/territory last month and now the job is open and there was NOT additional headcount last quarter so the q4 hiring freeze is not the reason the job is open now. essentially they just axed some people to get rid of them and hopefully bring on better talent in Q1. At least that’s how it appears to me, what do you folks think? 🤷‍♂️


You Can’t Build the Future in an Office No One Wants

You can build all the offices you want. The workforce you’re trying to force into them doesn’t want them.

Five day RTO is not culture. It’s wasted time, wasted money, and wasted talent. People commute for hours just to sit on video calls they could do better from home. There is no productivity upside and no data to support it.

The market has already moved on. Over 80 percent of companies offer hybrid or remote work. Younger talent will not choose a dinosaur policy when better pay, flexibility, and trust exist everywhere else.

As older workers retire, you’re forcing out the next generation before they ever commit. That’s not strategy. It’s self sabotage. Keep spending billions on offices no one wants while the talent pipeline walks out the door.


Why is everyone going to Exxon?

I just perused my LinkedIn and noticed yet another Chevron contact is moving on to Exxon. This has to be the third person in a month and I don't have a ton of contacts. I don't think I've seen anyone make the move to Exxon before from Chevron (I'm sure it happens), but we definitely had talent coming the other direction in the past. I guess our loss is their gain.


The Market Has Spoken. Leadership Isn’t Listening.

The market is at all time highs and our stock is down 3%, back to $24. Exactly where it was a year ago. Zero progress while everything else runs.

Banks across the board are downgrading the stock to “sell.” Wall Street has no confidence. Employees have no confidence. Yet leadership keeps pretending this is working.

How much louder does the message need to be? This strategy is failing. The stock is dead money. Morale is wrecked. Talent is leaving.

Enough excuses. Enough doubling down. We don’t need more spin. We need real change. Now.


H1B brings in strong talent, believe it or not

Honestly, Cisco runs on H-1B talent in a very real way—just like a lot of big tech—because it brings in people with deep, specific skills that are hard to find at the exact scale and speed the work demands. These aren’t random hires; a lot of them have strong engineering backgrounds and advanced degrees in areas like software, networking, security, and data. And yeah, it can make things feel more competitive for Americans, but that’s kind of the point: the world isn’t slowing down, and neither is the industry. If you don’t get the role you wanted, you can either sit around and blame the system, or you can level up and come back stronger. That’s the difference between a grown-up mindset and a baby mindset—Cisco (and the people who thrive there) reward the folks who adapt, learn, and keep pushing.


Why is USB doing everything to drive talent away?

They’re creating conditions so no skilled person with options would stick around. You can’t offshore every job. Thinking you can automate anything beyond repetitive tasks is laughable. Chasing the bottom of the barrel guarantees problems. Specific experience, role secrets, and workarounds matter. Paying for quality is an investment, while saving $10 now can cost $100 tomorrow. Apparently, they haven’t grasped the concept. Piles of money, right here and right now, are blinding, I guess.


The quiet part of the recent layoffs

These workforce cuts are creating a deeper problem that isn't being discussed. We haven't been attracting top-tier talent for a long time because the word is out about how things work here. By letting some of our most capable people go and filling spots with unprepared new hires, PepsoCo is slowly dismantling its own future.


Whatever happens, just know your actual value isn’t going to matter

If anything, the better you are at your job, the higher the odds you get cut. The only guiding principle has been the short-term bottom line. Not long-term stability, and definitely not some bold strategic vision. That would require effort. So brace for yet another round of shedding talent and competence.


Avaya Americas

Some more major talent left yesterday , many that were the glue for Enterprise customers. There are random sales people that noone knows filling the gaps of leavers.

The 15th of November fell on Saturday so the RIFs rolled Monday . Remember 2024 rolled same dates in January


Next Quarter

So, there's a lot going on here… Q3 and we're revving up for Q4… and we're preparing preparing for Q1. you know we have our eyes on the following Q2 and Q3 that comes after that and then that pivotal Q4 kind of ramping out to 2027… pivotal Q1, until 2027 Q2, followed by that Q3 and the Q4, kind of going into 2028 Q1. so there's a lot that we are kind of like laddering up there's a lot, kind of going over and we're gonna make sure that we kind of like we are not boiling the ocean or jumping shark next quarter. And talent retention.


This is how mediocrity becomes the norm.

In orgs that reward visibility over results, advancement goes to the safest pick, not the strongest performer… the chosen few keep things calm, nod along, and soothe the people above them…

Real competence can unsettle because it exposes gaps and weaknesses... when u do excellent work leaders are forced to confront how little control they actually have….So instead of building strength, these systems recycle timidity and value loyalty much more than leadership. Once the loop starts each layer shields the one above, and real talent burns out or walks. This is how mediocrity becomes the norm.


If we got rid of people for poor performance we wouldn’t have to offer verps… maybe get a better HR group… they can’t recruit worth a darn either. #Talent management!!

Why America Imports H1B Visa Brains Instead of Building its own Citizens.?

Every year, the United States opens its doors to tens of thousands of H-1B visa holders — highly skilled professionals, mostly from India and China, who fill roles in technology, engineering, and healthcare. Politicians and CEOs justify it as a necessity: “We don’t have enough qualified workers.” But maybe the real question is — why don’t we?

The U.S. government has built a system that rewards importing talent instead of investing in it. For decades, America has underfunded public universities, allowed tuition to skyrocket, and turned higher education into a business. A degree in computer science or engineering can now leave a young American buried under six figures of debt. Meanwhile, companies say they “can’t find talent” and turn abroad — where other nations educate millions of students in STEM for a fraction of the cost.

Countries like India and China don’t just produce skilled graduates — they do it through public investment. Their taxpayers subsidize the training of engineers who later come to work for Google, Microsoft, or Amazon in America. The U.S. benefits from that education for free. It’s a brilliant deal for corporations — and a terrible one for American students.

The H-1B program wasn’t meant to undercut American workers, but that’s often the effect. It’s a convenient tool for corporations to access cheaper, compliant labor without addressing the deeper issue: America’s refusal to make education accessible and affordable. Free tuition or debt-free public universities would build a domestic pipeline of talent that could easily compete with the global workforce. But such reforms don’t attract corporate lobbyists. Visa programs do.

So, the cycle continues. The U.S. imports the best minds from abroad, while millions of bright young Americans are priced out of their own future. The “land of opportunity” keeps outsourcing opportunity itself.

If America truly wants to stay competitive in the 21st century, it must stop renting its brainpower and start growing it.


Leadership Message

We have several talented leaders considering leaving Canon. I personally know some of them. If any one of these members decides to go, the impact on Canon will be significant. You will not only lose these leaders, but the loyal people who report to them. Be careful, these leaders drive revenue!


TW succession plan in motion

With Rizzo to Chief Operating Officer over both Property Liability and Protection, it appears Tom and the BOD have Mario as the inside candidate to follow TW. No doubt they'll search for external talent as well (such a great track record!), but he's a safe pick in Tom's world having come up through the Finance function. He'll get high grades for fixing the profit problem (novel--raise rates, tighten underwriting), and increasing shareholder value. Jess Merten to President of Property Liability provides him with an operating role for his resume. TW still has $200+ million in stock options, so he has a vested interest in shareholder value for sure. He'll probably stay as Chairman or non executive Chairman at retirement.


Getting rid of people who know what they’re doing, again

The time will come, and judging by how things look very soon, when chasing cheap, unskilled labor will backfire. There’s only so much core knowledge and experience a company can drain before everything collapses. Sooner or later, corporations will have to relearn the value of skilled labor - years of specialization, hard-earned expertise, and creativity born from experience. AI isn’t replacing anyone, and this obsession with cheap, easily replaceable workers will only lead to ruin. We’re already starting to see it happen.