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AT&T Pension via Fidelity

Noticed the estimated Lump Sum payout is LOWER for 2026 vs. 2025, which is both alarming and surprising - especially since interest rates declined in 2025 ….. so, I was expecting to see an increase in the Lump Sum amount. Anyone else experience this, and any insight or explanation ??


Jane is laughing her @ss off every time her direct deposit hits.

22% raise while the masses get ran off to pay for it. Every single employee is a pawn, a commodity to be used traded and discarded at will. You are no more to her than stapler.

AI promises were made and it did not work out. It will eventually but AI did not bear the fruit (money) that was promised. We’ll have AI in place and it’ll replace “x” number of employees this year. It did not work but even still gotta run off the people to save at least some of the money that was promised. So…YOU are on the chopping block.

Meanwhile, Jane raise\bonus is locked in at the cost of your job. She’s laughing at the fact that you are paying the price and not her.
Those that are left behind the carnage will be worked to death to pick up the slack and again she will chuckle. You guys need to get past the point that she does not care what you do, say, think, suffer through or feel. You are such a non-concern to her much like a discarded bottle cap that you and your well being does not even register as a thought to her. She came from McKinsey for which their sole purpose in life was to help CEO’s determine the best way to sell laying people off for optics.

My advice to tech….leave on your own terms as soon as you can. Be willing to move elsewhere for the same pay and maybe even settle for less but at least you won’t be blindsided. Yes, I am aware it takes a very long time to find something so start searching now rather than after the axe falls. Skill up and go. Either Citi sees the value you bring to the table or they don’t and some other company will. Try branching out to other sectors. As said before a tech person at Citi is not exclusively locked in only to the banking sector. There are other sectors that also use PowerBi, SQL, Exchange, various vendor firewalls, routers, switches, cluster, AD, etc….. crazy, I know, but Citi is not the only ones that uses various technologies. Give other sectors more than a passing glance.


Admin staff

I wanted to see what the global experience is with admin staff? In my local office, there’s an assistant that complains all the time about having to take cover multiple teams (a bit over a dozen people). On paper it looks like a lot but it’s often very low touch, even no touch for some.

She says she only had to take care of a few people a few years ago. Which seems crazy. Is she being dramatic and inefficient maybe? Or is low touch assistant work for a few people with doing expenses for a dozen people too much?


ATT vs Starlink

All rural fiber needs to stop being placed . Satellite is the most cost effective and starlink is about to take on a lot of new country fans after seeing starlink advertisements during the NASCAR race ! I need my T stock to go up and I just don’t think we need to place fiber too far past city limits for a couple connections. It is not cost effective… I know because I am in C&E in the South y’all. Does anyone have starlink tha could compare the service to fiber ?


Dell needs better training

This is more for my CSG folks but holy fu-k I audit csg chats and calls from time to time and global agents/managers need way better training! From the lack of being able to follow simple articles and policies, to telling clients promises that cant be done, and managers just ignoring any escalations, Dell support is just fu--ing terrible! Literally just saw an agent trying to help client fix her canon printer on a live audit. Stupid!


Focus on what you can control

It's pretty much certain that RIFs will happen this week. As someone impacted by a recent RIF, here is what I can share. What's done is done already. Regardless of what you colleagues or business partners think of you, your manager has already decided that you are gone. Brush off that resume. Research competitors who may value your skills. Apply to positions where your skills fit and/or where you want to go in your career. If you get an interview, even for a position you don't really want, don't turn it down. Some of the best advice I got was from an old manager who had recently separated from the military who told me how he had been applying to positions he knew he couldn't accept because he still had a year left but he wanted the interview experience and hadn't interviewed anywhere in almost 20 years. When the time came, he was a pro and landed a job in his first interview after his military retirement. Optum isn't the military and you can leave whenever you want. If that amazing offer comes before severance, don't hesitate to take it. Best case, you line up both at the same time and walk away with a nice bonus that you earned for all the stress and BS this place has put you through. Good luck to everyone. It will all be okay.


WARN Notices

There are many posts about RIFs and advice often posted on social media is to watch WARN trackers. I checked several major states and don’t see many, if any, Elevance notices. But I know people in some of those states were RIFed and given the 60-day notice. (Everyone was remote so I checked physical state and IN.)

Has anyone ever actually been tipped off with the WARN trackers, specifically for Elevance?


We are unstoppable! (Our path to sub 35)

Finally, SLF seems to have found something she's really good at: sending the stock CONSISTENTLY down at the speed of a failed SpaceX rocket. Time for some put options, because when the FT news is public, and James has to guide the investors, you can make some serious money when the stock sinks below 35! (This is NOT financial advice, though!!!). Say hi to Bob T!


If you are worried about layoffs…

SAVE YOUR PTO unless you are in an absolute necessary role that will not be reduced or eliminated.

Based on previous layoffs while at VZ I made it a point to max out and save my vacation and personal time year after year.

I still Took all my vacations I planned throughout the years and just combined it with weekends to minimize pto usage early on in the year so I had enough time to work my way back up to the max. My manager constantly tried to push me to use more towards the end of the year and I knew not to do that.

Thanks to that I received an extra 2+ months worth of pay in addition to severance. I strongly believe that people maxing out on vacation time year after year and having to pay out on so much vacation time was a loss to them with layoffs was the reason why the reduced the amount of hours you could max out on.

Also take your VPL!! don’t let leadership guilt trip you into not taking it they do not care! You only get that time once in your child’s life. Use it or lose it . I knew people who only took 2 weeks of VPL because they were applying for a promotion and not only did they not get the role but their leader pressured them into not taking the rest of their VPL.


OT Reddit?

Why are all the Reddit posts on the r/Waterloo page? We need our own page. Would have been eye opening to read through prior to signing my contract. But now I get to sleuth this website and random others for any insights. Huge loss and su-ks for anyone considering this place to not have a consolidated resource to read through


You should always be looking

There are two types of people at Xerox: (1) those coasting to retirement who are likely 55 and older who don't need another job, and (2) those with a career ahead of them.

If you are in group (1) then congrats on your upcoming retirement, it's likely to happen within the next year.

If you are in group (2) then I really hope you have your resume up to date, and are at a minimum exploring opportunities. Make connections to recruiters and other companies who are in your area, or who offer remote work if that's something you do. It can never hurt to get your name out there, even if it's simply to practice the interview process if you've spent most of the last couple decades at Xerox.

Group (2) might have years left, or days, you really never know. It's much easier to find a job when you have a job, than have to be under the stress of interviewing when you have no income or healthcare.

And no matter what, keeping your skills up to date is up to you. Xerox is unlikely to invest in you, but if you can find skill sets that compliment what you already know, or better yet help Xerox so you can justify continuing to build up those skill sets, then go for it!

Good luck to everybody tomorrow. I have a feeling that it is not going to be that large, but we'll continue to see these targeted reductions throughout the year.


Job offer Director of client accounts & strategic partnerships

Hey guys, I’m just trying to get a feel for the overall take of the position that was offered to me. Long-standing experience in banking, but the last seven years in payment processing. Anything I should be aware of? Be candid my friends - I’d appreciate it!


Made up job and title

I am several months into a new role that I knew from day 1 was not a real job. I was due for a move and they clearly didn’t want to waste one of the few visible jobs on me so this is what I was given. Anyone been in a similar situation? Feels inevitable that my ranking and potential will be dropping. Anything I can do about it? Advice? I am just planning to find a new job in my own outside of EM. Just the push I needed as I am in my early 40ies and quickly approaching the age where moves become more difficult due to age discrimination.


UK Legal Advise on Sales Commission changes

Please look into joining either CWU or Prospect and seek legal clarity on this issue — it has real legal significance.

In the UK, if compensation terms are contractual and are materially changed without employee agreement, there may be legal implications beyond unionisation, including potential claims such as constructive dismissal or unlawful deduction of wages.

Before taking anything public, you should:
• Speak to a union organiser for guidance.
• Review the compensation plan wording carefully to determine whether it gives management discretion to make changes.
• Preserve all written evidence of previous compensation structures and related communications.

This should be approached carefully and with proper advice.

Please join a UK Trade Union and seek legal advise from the Trade Union immediately.

We are currently in the early stages of seeking formal union recognition. In the meantime, we strongly encourage you to protect your employee rights by joining a trade union.

Please do not discuss Union membership on Dell systems. Dell management does not have the right to ask you about your Trade union status.

Please be patient as we get organised. UK law is on our side.


Seeking Advice From T-Mobile Business Peeps

Hello,

I apologize if this is the wrong board for this post. I currently work for Verizon Business as senior account manager. I am considering transferring to t-mobile business as an account executive on the smb team as a req will be opening soon due to attrition. I am currently making about 120k per year but want to leave due the extremely toxic management culture I inherited from our recent round of layoffs. My question is mainly, can I expect to make around similar pay at 120k at TFB on the smb team or will it be a pay cut? I greatly appreciate any insight have a blessed day.


A real investor explaining how “market-based” talent actually works

Worth reading:
https://www.inc.com/leila-sheridan/kevin-oleary-loves-why-his-companies-will-never-force-a-return-to-the-office/91291726

Kevin O’Leary, a real investor with actual companies laid out why forcing people into offices is a losing strategy:

“If you’re trying to say to people, ‘Oh, you got to work in an office,’ you’ll just get the bottom quartile of people who have no choice.”


APJ Spend Management

Hi everyone, I’ve seen some recent roles open for the spend management team in APJ. But having looked at previous comments and the merger with Concur it doesn’t seem like the best place to be. Thoughts? Want to make sure I make the right jump


Retirement Planning and Advice

Just got mail from MetLife announcing "important updates to your MetLife 401(k) plan".

#1 New Target-Date funds. Balance fund going away. Ok fine.

#2 Access to Retirement Planning and Advice. Anybody have details on this? I couldn't find in the "literature" whether this was free (how much is free advice worth), or how much it costs. Sometimes the "advice" is really just a sales pitch, so sus. Seems unlikely that they could truly afford to offer "guidance tailored to your unique financial situation that evolves with you as your needs and goals change" unless it was 100% A.I.

Would like to hear from someone that knows.


Prioritize your family everybody

I read a comment saying someone was told by Fidelity that they were approved to move to take care of their ailing mother, and then Fidelity said “sike”. To the person in that predicament, I’m sorry Fidelity did this to you.

I read a rumor that Fidelity employees may only need to come to the office once a week once again instead. I say RUMOR because I’m unsure how truthful that is.

Regardless of the situation, whoever’s reading this, please don’t forget to spend time with your loved ones. Most of us come here to vent. And that’s ok. Just don’t forget to be around people who make your life meaningful.

That’s all. Have a good weekend. If you’re on the east coast, safe during the incoming snow.


Rated IM after Manager Spotlight Award in Nov'25 - What should be my next steps?

Hello..

Hope you all are having a better start to the year than me!

I need advice on what should I do to protect myself and if there is even a remote chance to protect myself or is the writing on the wall loud and clear ..

I am a P4 - LBEC...

  1. May 2024 - I was displaced. While on notice, in August 2024 - I was re-hired in this current role. (different role/org/manager)

  2. Mid year rating in 2024 - IM (I was not even there to get the rating, was already displaced) , 2024 end of year rating from the current role - IM - I was told as I started in August (it should be 'new to rate', but as I am a re-hire, the mid year rating will be CF).

  3. 2025 - Mid year rating is a Meets. Regular manager check-ins "you are doing great, keeping doing what you are doing"...November I receive a Manager spotlight award..

  4. End of year review - IM.. I was shocked to say the least.. when I asked my manager, he said, its not his feedback but a matrixed feedback in the calibration and also when comparing with other P4s.. I even pointed to multiple stellar 360 feedback I received contradicting the matrixed feedback, all my manager said, these 360 feedback is from your stakeholders and people you worked with, but they do not report in our org and was not present in calibration... I was speechless but did not challenge it. .. did not know what to say !

  5. I wrote an email back to my manager and cc'ed skip level - not to challenge but to point out all this and that i was never ever told that I am an IM.. no response from either..

  6. Yesterday Manager told me of course no raise no bonus for me...and he saw my email.. and he agrees... the feedback should have come sooner than calibration.. but as he is new.. he is also learning...

That's it...

  1. I am now in another team, supposedly reporting to another manager, but she put her papers down, so I am back to square one reporting back to this manager again.. who has no clue of what i am working on.. and honestly does not care or has any interest..kept telling me we will continue this until a replacement comes in..

I am definitely looking for jobs .. but also wanted to understand... what can I do to protect myself or change this "I was new or yes I agree feedback should not wait until calibration" narrative... or is this all a strategy to put me in PIP and eventually let go ?

Thank you all for your time and inputs.. I am grateful.