#leadership

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what's with all the managers?

What are you even "managing"? It's ridiculous.

The TOP companies are getting the message yet this dinosaur is not excelling but just managing.

It costs $2.2B–$4.0 Billion a year for this.

  • people managers
  • program managers
  • product managers
  • project managers
  • engineering managers
  • sales managers

So 7,000–13,000 people managers

And another 4,000–9,000 program/product/project managers

.......do you REALLY need >20,000 managers managing to manage?

Are these 20 thousand even technical?

If not, what do they even do?


Fiserv Stock Price

I am not an employee, just lurk these forums from time to time. The #1 reason why your stock is down starts with Mike Lyons. Since taking Office, he hasn't appeared on a single news network or any of the business news network. Wall Street doesn't know who Mike is, I know you guys hate Frank, but he was a Wall Street darling, people knew him personally. He was constantly on every business news network talking about Fiserv. As an outsider/investor, I have zero idea about what Mike's vision or strategy is. Unfortunately press release doesn't work anymore. Wall Street doesn't care about actual products or services, it is the potential to make quick short-term profits. Frank understood that but ML doesn't want to be bothered. He is hoping luck and time will payoff. Sorry folks, Expect more layoffs.


So, now we wait?

We know cuts are coming, but we don’t know when or any real details beyond that. So now we get to sit around stressing and worrying for who knows how long. I’m sure that’s going to do wonders for everyone’s mental and physical health. I really hate what this place has become and the joke we have for leadership.


Schedule watching isn't leadership

Pre-WFH, I've had two managers who obsessed over start times and break lengths. Neither of them actually knew how to lead. They just watched the clock because it was easier than doing their real jobs. It never improved productivity, but it worked for them. Those are the kind of people who want us back in the office. To hide their own failings.


Does leadership really think we are THIS d-mb

Do they seriously expect us to swallow the propaganda that these new policies serve our interests? Their "collaboration" narrative is as transparent as their eco-friendly initiative that conveniently eliminated all trash cans—forcing us to hunt for basic amenities like desperate nomads.

The "modern" open office design is nothing but a calculated insult—making us scramble for desks like it's some innovative breakthrough. And those sardine-can workspaces? They're not fostering collaboration; they're manufacturing misery. The hypocrisy is breathtaking when MW dismisses remote work with that condescending "blue-collar people don't get to work from home" remark—as if dragging everyone down to the lowest common denominator is some noble principle rather than a transparent power play.

Let's be brutally honest about where those "cost-cutting" savings are actually flowing: straight into their private jets, personal security details (if you're such a good person, why do you live in constant fear of your own employees?), and those obscenely overpriced box suites at sporting events. They're bleeding us dry to fund their elite lifestyle while preaching sacrifice.

This isn't corporate evolution—it's psychological warfare disguised as progress. They're betting we'll either quit from exhaustion or lay ourselves off through "performance issues"—or perhaps take that phrase even more literally if the pressure becomes unbearable. All while they prepare to offshore our positions or eliminate them entirely. It's not about collaboration or sustainability; it's about creating a cult of misery where your suffering directly funds their luxury.


For those who think it’s over

1000+ roles might not seem much but majority of these were VP, SVP level roles.

When these leadership roles are filled, the teams are consolidated and there WILL BE natural redundancy introduced that will further fuel reduction in future.

The leaders and HR have been lying all this time.

The 800+ leadership roles elimination have left 25k associates fate again in limbo.

The new leaders who take up these roles will again evaluate team structure, introducing further stress, anxiety and uncertainty which will last till fall.

And next Q1 will further see more reductions.


Active Resistance

How ya’ll doin’ on this fine Sunday?

Me? I’m feeling’ a little ‘spicy.’

On this Mother’s Day, I was just thinking how much better the world would be if Mickey’s mummy had just taken a pill. Could have spared us all the disgrace that this POS truly is.


Where did it go wrong?

I've been here long enough to remember when teams actually worked together. When you could ask someone for help and they'd give it. When leadership encouraged collaboration instead of competition. That's completely gone now. I don't know what this place has become but it's not what I joined.


"Over for now" & "Nothing planned"

Do they really thing they are reassuring anyone when they say: "Over for now" & "Nothing planned"... Anyone who has an option should consider this as a clear sign about what to do. This fuzziness, double speak and silence from executives creates nothing but rumor loops and anxiety. What a way to lead...


Strategy fail

Hiring new people without giving them proper training after a RIF of a hundred others. You think strategy within CenterWell would learn, suppose not. VP of this group is cold and has no grasp on the new program. She does not care about concerns and only about the agenda in hand and won’t accept feedback,


How much is Verizon monitoring this website?

I mean, this site is a gold mine for the management. I am assuming they care about what's in the employee's head (and I might as well be very wrong) - reading this board paints that picture fairly well. Figure out what main themes on layoff.com and measure engagement, do the same thing with LinkedIn. If you were to average the two that would give you a much better picture about what's going on on the ground. The board should mandate execs to do this instead of fake survey's that are massaged to the Nth degree. Food for thought.


EH has lost momentum, whatever he had

I floated idea that EH should go about 6 months ago and everyone was overwhelmingly negative regarding my thesis in this board.

Now, I am sure majority of the people agree with me.

If all he can show for 18 months is what we have seen. What makes anyone believe that he can come out something outstanding in 6 months to 12 months from now?

It is abundantly clear to me, that when MP & JD gutted the talents or ( designers) and replaced with techies, Nike took wrong turn on the cross and EH cannot come back with no talents there with corporation culture is keep your mouth shut and follow the group!

What happened to JUST DO IT?
Double talking hypocrites


Heartless and Targeted Layoffs in CIT

Layoffs in Corporate Information Technology Visa executives should be ashamed of how they handled these layoffs. Just weeks after celebrating record earnings and profits, they sat behind scripted talking points and treated people like disposable line items in a revolving door operation. While bringing in the largest intern groups in the matter of a week. There was no humanity, no accountability, and no meaningful acknowledgment of the impact on employees and families.

What’s even more concerning is the false narrative being pushed that AI will somehow absorb the workload of the people they eliminated. That simply is not reality. Visa has not implemented mature, effective AI capabilities capable of replacing the operational knowledge, leadership, and technical expertise that walked out the door. The result will be the same pattern seen in many corporations: fewer people doing double the work while executives protect margins and shareholders applaud temporary cost cuts.

What makes this even worse is the culture that remains behind. Fear-based leadership, outdated management practices, and forced “NS/NS” (Needs Strengthening) labels used to create paper trails and justify targeted exits. It’s an old-school corporate playbook disguised as performance management. Simply put…Bad Bosses.

The remaining employees will now carry significantly heavier workloads while operating under executives driven by ego, hierarchy, and optics rather than modern leadership principles. Instead of building psychologically safe, high-performing teams, the environment rewards politics, pressure, and survival mode.

Companies talk endlessly about innovation, AI Transformation, Psychological Saftey yet many leaders still manage people like it’s 1998.

#Visa #Layoffs #CorporateGreed #FearBasedLeadership #ToxicWorkplace #LeadershipFailure #CorporateAmerica #PeopleOverProfits #TechLayoffs #Burnout #AIReality #BadManagement #WorkplaceCulture #EmployeeExperience #CorporatePolitics #ModernLeadership #PsychologicalSafety #WorkersMatter
#Visa #Layoffs #CorporateGreed #ProfitOverPeople #TechLayoffs #BadLeaders #TrumpStyle #LeadershipFailure #CorporateAmericaSucks #CorruptWorkplaceCulture #AIReality #Restructuring #CorporateAccountability #HumanCost #VisaHeartless


Always be prepared

It really doesn't matter when the next round is going to happen. How many times have we already experienced layoffs being dropped on us without any communication or warning that they might happen? Leadership has proven to us many times over the past couple of years that they couldn't care less about their employees, and they've been treating us accordingly - as the first line of any cuts they might need at any given moment.


Quiet layoffs

Why is elt so narrow minded that they want to make the environment so vile, most talented people quit. And all you're left with is geriatric, brainwashed boomers, or offshore low level talent?

If you want to be #1, don't use the excuse "well Exxon is doing it!". To be first you set your culture and company apart, not the same, mo--ns.


did “agile coaches” know about this ahead of time, strategically speaking?

We were first introduced to these ‘traveling’ resources when the Spotify model rolled through. Are they the ones leading the “next re-org” too? If not, were any of them impacted in this? Or are they the ones pushing the enablement lead lingo…


Thank you Guru

You laid the foundation for Viasat's success over the past year. We may have tripped and fell a few times, but now we are up and running like Usain Bolt sprinting towards the gold medal. Viasat 3 Flight 2 is like a phoenix rising from the ashes. $100 per share is in sight, and maybe even $1000 per share is reachable. It's all possible due to your brilliant and visionary leadership. I raise my glass in honor of you.


How bad is EM Trading to lose this much money

EM trading must su-k to lose this much money when all others are creaming. TGs leadership of Trading is equally bad to her leadership of HR where she systematically f’d the company for the long term. BP, Shell and the trading houses are all claiming industry high earnings and we lost a boat load of cash. Amazing. TG and DWW should be NSId out of the business and not golden parachuted