#badleadership

Yes, you heard it right. Your compensation and maybe even job will depend on how much of this garbage you repeat.
Yes, they are the worst batch of leaders NM has ever seen.
Yes, they spent millions of dollars and over a year to dream up what you just saw.
Yes, it was absolutely underwhelming.
Yes, they gave you absolutely nothing new.
Yes, there is no way this will work.
Yes, NM is in huge trouble.

"THEY" got rid of all the good workers in 2018, kept all the cheaters and are replacing the cheaters with incompetence. Wow who came up with that master plan, stick a fork in UPBD it is DONE!

I’m starting to think hiring incompetent people is just part of the Fossil business model. Hire someone who can’t handle the workload, then magically redistribute their responsibilities to the people who actually know what they’re doing. ✨

The hoops we jump through to accommodate people who are slowly dragging morale — and apparently the company — even further downhill are truly impressive.

And once they’re hired? They scurry under a rock so no one can ask the dangerous question: “So… what exactly do you do here?” Meanwhile, higher-ups quietly cover for them because admitting there’s a problem would probably require admitting who made the hiring decision in the first place. 😌

Truly, a fascinating organizational strategy.

If you’re still in a corp retail location I’d get out now !! The “3 year” promise is a scam, a lie!!!

My 31st service anniversary was 7 months ago. I've never heard a rude word directed toward me from my L3 until this year, and today was the the 3rd time since January. It made me angry and I interrupted him without thinking and told him to stop talking to me as if I was one of his ignorant children. I have 31 years of service, blah, blah, blah. Is this the new style of leadership with RTO? Anyone else seeing an increase in rude behavior from our leadership?

I’d rather x than work at BNY another year.

I’ll start…
I’d rather insert my arm into a bear trap and gnaw it off with my own teeth than work at BNY another year.

I couldn’t even imagine waking up each day and going to work at this pile of sh-t company that’s done nothing but go down in price over the last 5 years. I get a pay check but for the people who get RSU’s or stock comp this would be an epic fail. The BOD’s of this company should probably be in prison.

They have laid off so many people not one person wants to go the extra mile. Everyone is deflated, everyone says not my department. This company is honestly so fkd up. Why isn’t management stepping up? Protect the base ….. how about treat our customers with respect. Not one update from James Mc a total waste of space. Renewals are falling off a cliff and I’m being punished for it. Sort it out !

He is no good. He likes smoke and mirrors. He will try to sell bits and pieces to make his numbers and look good. He has no idea what he is doing. PNC - Fiserv both are so happy he is gone.

I truly do. It's making my life a living he-l. But I desperately need a job due to a health issue so there's literally nothing I can do about it. Fu-k my life.

What’s the point of having HR people that their only response is go to red? And that thing never has answers. So tired of getting zero support from people that have no idea what they are doing. They don’t do talent scouting, they don’t give support and they keep messing up the simplest activities of their position.

Every single one brings layoffs. Somehow roles which have nothing to do with it are always classified as redundant (I've seen it happen again and again) and people are kicked out. Every single time it's used as an excuse to get rid of good, hardworking people.

Why are we paying people to sit in meetings where nothing is ever decided and laying off good folks who actually do the work here? BP has plenty of fat that needs to be cut, but somehow it's never them who end up on the chopping block. When will that finally change?

We are drowning in horrible management. Please revamp mortgage fulfillment back to the way it was before these vertical lines took place.

Heard he crawled back under a rock

Severance for the July lay off just hit! I can oficially say I'm done with this place. Good luck to everyone still there! With the likes of Rebecca Grattan and all the other incompetent leaders you are going to need it.

I've had bosses I loved and bosses I couldn't stand in my 20-year career, but I never dealt with so many bad ones in such a short stretch. Most of them somehow ended up during my current four years at Synopsys. Not a single positive experience with a manager since I joined.

If you can get out of Fiserv/Clover, you should do it as quickly as possible. This company has been driven into the ground and is a shadow of what it used to be. The leadership is completely incompetent and they have driven off whatever talent they had. Now they are just hiring whoever is cheapest. It's doomed.

Scene: Doors of the Canonsburg office swing open. Three members of the Lollipop Guild emerge, wearing matching puffy vests, untarnished hard hats, purple sneakers, and holding enormous lollipops. Behind them, a banner reads: "Congratulations on your retirement! Please don't come back."

Lollipop Guild member #1:
"Yinz gather 'round. The day we dreamed of has arrived!"

Lollipop Guild member #2:
"Wake up, you sleepyheads, get out of bed! The nightmare of meetings and micromanagement is dead! "

Lollipop Guild member #3:
"No more surprise calls at half past three! No more, 'Let's circle back' endlessly! No more impossible deadlines to meet! No more getting tossed under the bus in the street!"

Lollipop Guild member #1:
"They would ask a bunch questions and change plans on Friday after four, then ask why the numbers weren't better than before!"

Lollipop Guild member #2:
"To your face, they would treat you like family with a smile so sweet, then cut three departments before we could eat"

All in song:
"Ding do-g, the exec is gone!"

With hands on experience dealing with our CHRO, he literally su-ks. I know we live in the time of bootlickers get promoted but damn DH is the d-mbest out of the bunch. Literally self centered, just talks a bunch of nothing and pretending to be all knowing. How the other SVP in HR did not get promoted boggles me and I would say most of the people in HR. Literally acts like he is the reason MF/SF are the reason they are still standing, like my guy you were another cog HRBP.

Anyone else want to vent about our cr-ppy senior leaders?

You can have a strong record here and still find yourself on the wrong side of management. It seems far more important to stay in someone's good graces than to actually do good work.

All these leadership hires from GM and Stellantis are d-mb as rocks. So tired of them telling long time employees how brilliant their prior company was and how d-mb Ford is. And the GM Club can stop snickering about our decisions, systems, etc. It wasn't too long ago they were fired from their old company. If they were so talented, they wouldn't be here. Go back to where you came from!

Hahaha! Left nike a couple years ago - nike was easily the worst managed company ever. Best decision ever.. sold my stocks at 75, my cool aid friends are still holding they have 50-150k worth stock.. they have sneaker collection rooms filled with Nike Junks.. I’m happy nike is suffering. NKE will soon hit 20s. EH is a clown’

All employees and shareholders need to do is watch this innovation roundtable hosted by Fast Company and featuring the brilliant incompetence of our design leader PM.

Here is the video: https://www.fastcompany.com/91608012/inside-nikes-innovation-reset

This solidifies our fate under his rule. Clueless, stuck, dusty, ready for 2005. He had done zero in his 15 months in this leadership position. Pathetic and embarrassing for our company!

On the layoffs (and the insatiable appetite for chaos that produced it)

There's a particular kind of chaos that only reveals itself once you've watched an organisation lay off people with a combined few hundred years of institutional knowledge, seemingly to save on their pension contributions. It's rather like watching someone empty the fire extinguishers to make room for more decorative candles — and then congratulating themselves on the redecoration. Takis, SS, great job... clowns.

The official line, such as it is, has been a masterclass in saying nothing at considerable length. No rationale. No roadmap. Just the occasional blank stare from a senior leader whose remit has changed three times this year and whose conviction hasn't changed once. Say what you like about the people shown the door — they at least knew what they were doing. The people who did the showing seem to have skipped that module entirely, and appear to have developed a genuine taste for the chaos that followed. One round evidently wasn't enough.

One does start to wonder whether "strategy" has quietly been redefined by the leadership team as "whatever avoids an uncomfortable conversation this quarter." It's a bold approach to running a scrutinised business — rather like a ship's captain steering by vibes and hoping nobody mentions the iceberg in the town hall, then wondering aloud why morale is "a bit off."

And do stop me if you've heard this one: the same roles being made redundant are, delightfully, still live on LinkedIn. Nothing says "considered restructuring" quite like advertising for the exact job you just eliminated, three floors down, at a more agreeable salary band. It's less a talent strategy and more a magic trick, except everyone can see where the rabbit went — and increasingly, so can regulators.

I have my theories about the why. Leadership with a seemingly insatiable appetite for risk or anything so inconvenient as ethics. A marked allergy to bad news, delivered by people who've made an art form of not wanting to hear it. And, above all, a reluctance to pay for the kind of expertise that quietly prevents disasters — right up until it's gone, at which point everyone's terribly surprised when the disasters arrive precisely on schedule. Funny, that.

I'm not writing this from a place of panic. Professionally I'm in better shape than most and not remotely desperate...yet. But I've been looking for a few months now, and I've no intention of stopping. If all goes to plan, by the time the weather turns, I'll have finally stepped off what has become a very slow, very avoidable train wreck — one that, judging by the appetite upstairs, still has quite a lot of track left to run. I'd recommend the view from outside to anyone still deciding whether to stay aboard.

The Cobra Effect

The tremendous weight of very high paid upper management added to the company in the last year has added so much to expense that the only alternative is to cut a few thousand people who actually do the work. You can count the new SVPs and higher. Mike, Dhyvia, and Takis all a part of adding to the glut. Unfortunate but continuously repeated leadership mistake in some companies. Starts with a justifying rally cry for transformation. Leadership uses it to hire all new and unnecessary, high paid execs. Those execs become significant expense, but have added nothing in the way of revenue improvement or efficiency gains. As usual the middle management and working ranks of the company carry the majority of the execution burden in the company through all of this. The only answer is to cut deep in those ranks along with a few senior execs to get on better labor expense footing. People become demoralized, and the main result is a less productive company that still has all the new top level management to carry. In a normal company, some level of layoff or cut should be expected and predictable yearly based on performance management effectiveness and as a result of business performance cycles. This isn't that. This is mismanagement and shows that we are still paying for past and current poor decisions by people at the helm here. They just don’t think we are smart enough to actually figure that out.

how many people’s bosses does this describe? how many of these bosses are perceived as likable despite being rotten to the core?

A lot of experienced employees were pushed out, and now the company is relying on people who don't know the customers or the business nearly as well. How long is it going to take them to realize that saving money on payroll always results in the quality of the work suffering?

Until it was destroyed by leadership who didn't and don't care about either the company or employees, but do care a lot about making sure to fill their own pockets as much as they can before this place is so ruined that there's nothing left to pick from its carcass.

I left without another job lined up, and I don't regret it. Having no paycheck for a while feels less frightening than going back to that place, having to deal with an abusive manager who thinks screaming at the top of his lungs is a valid management style. Luckily, I have enough savings to be able to afford this, but I feel for my former teammates who are stuck with that monster. And before anybody mentions HR, they're completely useless.

What could have been a fantastic company across many markets has proven that poor leadership, politics, and undervaluing talent can cause damage so deep that it is not recoverable. Ever. The manner in which oracle has operated only cast a shadow and reward behaviors that continue to demoralize.

If you were impacted today my thoughts are with you. The world outside of Oracle is much, much better. If you were not impacted, there's a lot of opportunity out there for good talent. Run away as fast as possible.

My biggest regret is how long I stayed somewhere that made me feel like I was constantly doing something wrong. My new job pays better and I have actual freedom to do my work without someone picking apart my every expression or move. The constant intimidation is gone, and I didn't realize how much it was affecting me until I got away from it. Sometimes leaving really is the answer.

And we need them yesterday.

what a shyte show!

never been part of such disastrous, dysfunctional, unorganized place in my 30 years of corporate sales.

Not a single caring word from management. Feeling nothing for laying off employees with babies. May their children be laid off when they have babies. May no one extend kindness to them when they are in trouble. Fair enough!

Clown show.

For working heads up even with all the uncertainty about future
All this with the unworthy and incompetent leaders

Can’t keep a job, fired from morgan stanely, who wants to drag him on meetings? Lyons has bad judgement. Waste of $2 million.

Why I hate BNY every day during work.