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When Dan the old man took over Verizon he said we were going to launch something monumental. Well here is its. It’s simplicity and one Verizon. He is calling it out new value proposition. It’s so underwhelming all I can do is laugh. His only true strategy is to cut head count gut the company and buy shares back. This is evil


So long, IGS!

Wish the IGS boys and girls luck at AIP .. hopefully Trew can get the company back in shape after the big H destroyed it.

I can only imagine the horror in the new leadership's faces when they finally get an unfiltered view underneath the hood-- Chad and Girish were probably smart to stay behind.


PMP Forced Rankings confirmed

Each asset will have to have the bottom 15% (5% of them will be PIP). HR doesn’t know how or what the process looks like. Gotta love Human Energy and The Chevron way right? Those messages are dead. It’s a dog eat dog world. Get the most out of your job and take care of your family. The Chevron of even 10 years ago is a but a distant memory. If you think high oil prices and great quarterly reports are gonna make a difference, you’re wrong


New leadership

I am under no illusion that things will be better at another corp or MCO bc this is how these things work often but in NJ we just got an email from leadership saying that we have hired two more “experienced leaders to the leadership team” but this is terrible optics. We are ALL confused, anxious and left with little to no information which is how speculation and rumors start. And the day we are waiting on our VSP and people who are staying are nervous about getting canned we get info that they took on TWO (I’m sure very well paid) “leaders”- not a great look.


McAfee Addresses ESPN Layoff Salary Rumors

Pat McAfee responded to criticism linking his reported high salary to recent ESPN layoffs. He expressed sympathy for colleagues who lost their jobs, stating he hates seeing such events occur. McAfee acknowledged the difficult decisions corporations make and the negative narrative surrounding his contract. He emphasized his show's pride in its work and hopes to remain an asset to ESPN. The broadcaster also noted that NFL teams do not typically conduct layoffs like corporations do.

https://www.aol.com/articles/pat-mcafee-responds-rumors-blame-195712000.html


So many familiar faces are leaving

People I respected, and people who seemed happy until a few years ago. It tells you a lot about how much this place has changed in just a few short years. Even I'm starting to look at my options, and I've been at Optum for more than fifteen years. This is simply not the same company I joined.


Zero respect

I had a customer screaming at me over something that wasn't my error. My supervisor heard the whole thing, knew the customer was wrong, and still threw me under the bus to save face. He apologized to the customer for my confusion, then he pulled me aside and told me to just let it go with a lecture about customer experience. I hate it here.


I exhausted myself to get...

I exhausted myself at Dst just to get the same level of respect an employee at another company would recieve if they were in the bottom 5% of employees as ranked in performance. Even thought I was the top performer in my area. After I left, I did tell my supervisor's wife that he was cheating on her. I had no obligation to not disclose it. My supervisor criticized everything I did at Dst. So I did the same thing after I left, and there was plenty to criticize about him. I imitated him after i left by pointing out his faults to his supervisors in my exit interview


Are we the Titanic of the financial services industry?

Or maybe a better analogy is that we're Pompei, obliviously waiting for Vesuvius to finally explode. The company just seems to by dying a slow death, going deeper and deeper underwater with each passing month. We have an invisible, inept figurehead CEO at the top. Extremely questionable decisions coming from her less than competent inner circle. Chaos at all levels due to brain drain, the Denver closing, the Accenture fiasco, pi-s poor management, non-communication and outright apathy. There's the ham-fisted rollout of our AI platform, which let's be honest was probably aimed primarily to rescue the not insignificant pool of associates who can barely write at a middle school level. In short, very little cause for optimism. Time to start lowering the lifeboats?


Racism is alive and kicking in USAA

Ever since Amala was brought in, bringing with her cohort of nationals, racism in USAA has been on the rise. Even after her being dropped, pendulum has swung too far where if you're a person of color you no longer feel you belong. It's not overt in your face racism, but the covert subtle type with microagressions. And god forbid if you're not of Christian faith, it's a double whammy. As the resources get squeezed, and the decisions to drop personnels rise, it's the minorities on the chopping blocks first. It's becoming a pattern now, and no longer single occurrences. I'm seeing qualified experienced people get set up to be fired, and mediocrity being protected for no other reason but their skin tone. USAA is heading down a very dark path, perhaps a reflection of the state of the nation.


Wealth Management Dumpster Fire

Trying to post this for the third time. Keeps getting taken down. Asking when DF will be replaced. For his efforts in losing talented team members and hundreds of millions in AUM, he was rewarded with the Chief Investment Officer role for the fifth largest bank in the US-you heard that right. Leadership, and I use that term loosely, has lost scads of talent and BILLIONS of assets under management. No one ever pays the price in PWM. When Minneapolis lost their most talented team members, and some of its most lucrative relationships-those managers remained in chair. There are never any repercussions, unless you point out the problems which are so glaringly obvious. The dirty kittle secret in PWM is that the thing driving sales is banking-primarily mortgages, which don't even count towards goals at any private death shop worth its salt. Those of us who have been in chair for a long time will muddle through. Younger members should run not walk to get out of here.


Giving grace

I know a lot of employees are rightfully frustrated with the stress-induced layoffs over the last few years. The truth is that management is honestly listening and trying to do its part to make things better. One of the behaviors that can cascade stress to the workforce is leaders temperament and mood changing in relation to commodity markets. It shouldn’t matter whether markets are high or low, we should continue to treat one another with dignity and respect. When leaders panic because markets change, it cascades stress to the rest of the workforce. We have to continue to remind ourselves that it is a marathon and not a sprint and the best way to reduce restlessness in the workforce is remaining calm irrespective of what the market does.


Good To Great

Book by Jim Collins. If you know, you know.. Somehow, seemingly NOT ONE of our “leaders” have read the book, or understand, or care to understand the importance of ‘Getting the right people on the Bus’. To me, this is a direct acknowledgment that T is nothing more than a stock or commodity, with no real interest in being a competitive and top performing company. Settling for financial position, dividends, and gains is their game and none of us should expect anything more. We are all an operating expense that can be reduced when needed.


Here’s what Market-Based actually means, Stink.

You can’t have a “market-based culture” unless you’re actually willing to compete in the market for talent. Stinky keeps talking about building a market-based culture, but what exactly is market-based about AT&T?

Companies with true high-performance cultures usually have at least one thing going for them:

  • They pay top of market.
  • They offer benefits people actually want like WFH/Hybrid
  • They attract top-tier talent.
  • They have a culture or reputation that makes people want to work there.

AT&T has… what?… The pay is mediocre and below market. The benefits have all been stripped away. Five-day RTO makes recruiting new young talent even harder. The culture and morale is at rock bottom. Leadership approval is about as low as I’ve ever seen it… Ask around outside of work how many people would recommend AT&T to someone starting their career. That answer speaks for itself.

John wants a market-based culture while offering a rock bottom value proposition.

People work hard in tech because the compensation is worth it. People grind in finance because one bonus can change their life. People put in insane hours at companies like Google because the pay, experience, and name on the resume can open doors for the rest of their careers.

So what’s the pitch for AT&T here, John?… Move across the country, come into the office five days a week, accept weak compensation, lose all flexibility, work under constant scrutiny and monitoring… Why would a top performer choose that?

The only reason anyone is still here is because the job market has been weak. As soon as it turns, and it always does, the people who have options will use them.

That’s how markets work, Stank. People won’t forget how you treated them when a better opportunity knocks.

If leadership really believes in a market-based culture, then they need to start offering a market-based reason for people to stay.


I’ve changed my mind. I’m taking the employee survey.

What he said in the ATG live really pi---d me off and changed my mind. I wasn’t going to take it, but now I will.

I’d rather blast leadership in the survey again than sit it out. If nothing else, it’ll force them to confront the exact same feedback they’ve been hearing for the last couple of years. Now, whether they choose to listen is another story, but at least it will signal nothing has changed.

If the people who are frustrated don’t participate, then all that’s left are the people who think everything is fine. That paints a completely false picture, and I’m not willing to let that happen.

The survey only has value if people answer honestly. If leadership doesn’t like the results, maybe the problem isn’t the employees giving the feedback, maybe it’s the reason for the feedback itself.

Silence changes nothing. Honest feedback at least gives them the choice to either address the problems again or explain, once again, why they think everyone else is wrong.


Why to work for such company?

We all know that FIS is working hard to get sold to other company.
When that eventually happens then Executives will get millions of dollars as bonuses.

Why to work such company where there are no growth prospects. The leadership is looking for own "get quick rich" route.