Multiple members of Belk’s top brass are quietly and quickly planning an exit strategy from the company. Some choosing to stay in the retail industry, while others choosing the leave the industry altogether. Retirement is a viable option for some. Know that business model of belk is antiquated and unsustainable.
Posts mentioning hashtag #exit
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Exit programs
Anyone had their realignment meeting yet today? If so, what dept are you and what did they say??
It’s official
Layoffs have taken place already this morning. I got a text message from someone that they and another person in the SR office were let go.
Who is taking the buy-out
Wondering how many are planning to cut ties this time around or just waiting for the inevitable ax to fall with layoffs
Layoffs shouldn't be feared
What's the worst think that can happen? You get to leave the company that's been treating you like cr-p, underpaying you, stunting your career progress, and not only that, you get paid to walk away. I don't see the downside.
My time at Citi is almost over
And I have to say, I'm looking forward to watching what happens next. Not in a mean way. Well maybe a little. They mistreated me for years and seeing them struggle, make bad decisions, slowly fall apart, it will be enjoyable after everything they put me through.
2 top leasing execs suddenly leave
I was just told that Rick Fleisher and Anne-Marie Pepi left suddenly yesterday. No word if it was voluntary or not. Anyone know why?
Resignation vs Termination
Is it better to resign or be terminated? Looking at the angle of payments and how quickly you can exit the kingdom.
Exit Packages?
Few JPM employees said that managers are asking employees if they want an exit package. Wondering if this is selective or company wide?
What do they do before they lay you off or ask you to quit?
Anything in particular that they do or what we should watch for to let us know they are going to either lay us off or force us to quit?
Individuals exiting Alcon, voluntary or involuntary?
Can anyone comment on what, if any, is Alcon's "package" for employees who they would like to, or decide to, get rid of? Not people impacted by a structured RIF or layoff like we just had. Just those "one off" exits that happen all year long.
That could be PIP'd and fired, or outright fired for performance (not cause). Or "encouraged" to leave: can the employee "negotiate" an exit?
Finally out
I have nothing lined up on the outside, but it's such a relief.
Good luck to you all. Find something else and run.
I was RIFd. When do we get the final docs?
I've completed the docusign, providing my non-Oracle email. When can I expect the final paperwork? TIA
got my email this morning
After 23 years gone, notified by email.
Anyone know what the VR process is like these days?
Thinking about putting in for it and just wondering what the craic is really
Boss fired
Last day today at AT&T - Got my boss fired after filing a complaint 6 months ago. Called AT&T’s hotline , filed a complaint, provided proof of harassment and discrimination and teammates who witnessed it helped out also. Recorded every teams call with an external phone and provided all recordings to HR investigation team.
Leaving the company with a 6 figure payout. Entire org is toxic!!
Good luck everyone and don’t be afraid to speak out.
I want to get laid off.
How do I make it happen? Thanks
Can I pick up my stuff from office after layoff email?
Can I pick up my stuff from office after layoff email? Is there a grace period after accepting layoff terms.
Steve B Leaving
Looks like Steve B’s leaving was a complete surprise to Louie.
Find the nearest exit NOW
I know the conventional wisdom is to wait it out and force the company to pay you in severance. But, they'll try to deny it to you by every means they have. You just have to ask yourself one question. Is it worth it?
You'll be faced with a ticking clock of the severance checks stopping while you job hunt. No getting away from that.
Just start looking now and taking interviews with sick days or doctor's appointments and then just...leave. No two weeks' notice. No exit interview. Just tell them you quit and walk out. You don't owe them anything at all.
You'll feel great! You'll be leaving this lousy job and starting new one. No better feeling in the world. Better than waiting around in the stress test lab wondering when your number is up.
They are actively trying to exploit you in every conceivable way.
Just. Leave. Now.
If you're on a PIP, pack your bags.
Anyone on a PIP will be gone by no later than March 31st. Anyone receiving a FY25 employee review lower than "Successfully Meets Expectations" will also be gone.
If I Leave, Does Quarterly Service Bonus Still Pay
If I make it to EOQ, I've done that quarters work. If I leave before the quaterly service bonus pays out end of April, do I still get that pay?
Get your resume out there
Everyone here should be actively interviewing, not just browsing job postings. If you're still satisfied with how you're treated, you must enjoy the abuse. The rest of us need to be aggressively looking for an exit.
DO NOT LET YOUR DEVICE GET LOCKED
After I was told that I was let go, my OT accounts got disabled in around two to two and half hrs. Since I had not locked my device or logged out, I could continue to access my local personal files and upload them to cloud storage. If you have any personal files in Core Share (due to Win 11 migration), upload those immediately as once the OT account is disabled, you can't access those files.
As soon as I locked my session, I could no longer access the laptop because my user profile was disabled, and only the OT Admin can access it now. So, DO NOT LET YOUR DEVICE GET LOCKED till you have all your personal files uploaded.
Please be this week, please be this week
I just want to move on.
Upcoming PDS cycle
Ready for another round?
Over 300 people have already left since the September 29 announcement, projects are scarce, meaningful work even scarcer and the long-term outlook for Canada couldn’t be clearer. Naturally, this seems like the perfect moment to proceed with the ranking cycle.
For those unfamiliar with the tradition: everyone gets ranked against colleagues worldwide, the curve must be filled and a pre-determined slice of the population will inevitably land in the “Needs Significant Improvement” category because nothing says modern leadership like deciding in advance how many underperformers you need.
From there the process is beautifully efficient: a helpful Performance Improvement Plan, a quiet exit and the reassurance that this isn’t a layoff just the system working exactly as designed.
Given the current morale and the steady stream of departures, the timing is almost poetic. If anything, the exercise should help clarify priorities for the few remaining optimists.
After all, when the future of the business in Canada looks this bright, someone will surely be eager to relocate to Edmonton and help keep the Strathcona refinery dream alive.
Do you want to be a Dell Bag holder
if not get out of the company and sell the stock, your last chance
Next Phase?
Looks like leaders are being walked out today...
Executives leaving
Two of our executives have recently announced they are departing PNC. One is our Corporate Responsibility Officer and the other is our Chief Information Security Officer. Though we may never know the real reason they are leaving, I find it very ironic that they have both put in their notice shortly before the mandatory five day return to office takes affect.
They are two very highly respected Individuals and it’s sad to see them both leaving. Great talent write out the door.
Thoughts or opinions??
Kate's exit
She's already pulled back from involvement in the company. This just formalizes it. Gone within 12 months.
Layoffs today
I just got let go today It’s happening
Eligible for rehire?
Of those laid off last week, did you receive a severance package? Are you eligible for rehire?
Severance agreement
How long are you given to sign the severance agreement ? One day? One week ? Other ?
Free at Last!
It's so incredibly wonderful to have finally exited this dumpster fire of a once great company. The air is fresher, the birds are singing, the flowers smell sweeter. The level of TIAA senior management incompetence, hypocrisy and corruptibility is matched only by that of our nation's current White House administration. No more ridiculous 3 day in office pseudo collaboration. No more glowing annual reviews and high praise that at bonus time still never translate to anything higher than a middle of the pack rating. No more televised circus side shows featuring the queen bee and her inner circle of high paid enablers (Are You Ready to Rock Charlotte!?). Let's see now how everything plays out as I try to get my retirement funds out of the company. There's a lot of great people that I'll truly miss. And no small amount of individuals that I most definitely will not.
Misery loves company.
Anytime someone offers advice on an exit strategy, its followed by trolling of “Thank you Mr. recruiter” or “thank you LinkedIn headhunter” . I think that most people at Citi enjoy the warmth blanket of group misery. Its easier to swallow and cope with and easier to sell to yourself if you can convince yourself and others that “there’s no use to even try”.
Don’t dare succeed at leaving Citi, that means that it IS possible and I have no excuse for not trying.
Just tons of Citi-philes out there that just can’t stand to hear about someone leaving and being better off. The selling of the lie that you’ll never make more money elsewhere is so predominant on this site speaks volumes to the fear factor some live under.
Be free or be a sheeple.
Retirees
Anyone noticed more retirees than normal these passed few days? Seems like they waited to ensure they got their bonus and got outta here.