Heard they were busy moving the deck chairs around on the ship just as it sank into the ocean, does this sound familiar?
Posts mentioning hashtag #morale
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What I like about BNY
As an analyst it’s pretty obvious what the company tries to hide from you. Before I left last year I was getting paid 40 hours a week to practice interviewing, suggest other analysts do the same
You are an expense, not an investment.
You’re not viewed as an investment, you’re treated as a cost to be managed. That distinction is intentional. This isn’t leadership, it’s management in its most short-sighted form.
There’s no real vision here - only a fixation on near-term optics and personal gain. Anyone outside of that inner circle is reduced to a line item, something to optimize or eliminate in service of short-term efficiency metrics. The broader, long-term impact simply isn’t part of the equation.
They understand the job market dynamics. They know there’s a steady pipeline of applicants. That knowledge reinforces a mindset where people are interchangeable and, ultimately, expendable. It removes any incentive to invest in talent, develop people, or build something durable.
The cost-cutting decisions they make carry little immediate consequence for them personally, since they’re insulated from the actual work and its downstream effects. But those same decisions generate immediate, tangible upside for themselves, whether in compensation, perception, or internal positioning.
So the system sustains itself: extract value now, defer consequences, and treat people as replaceable inputs rather than assets worth investing in.
Constant cuts are taking their toll
The atmosphere changed after the layoffs became the norm and it hasn't come back. People are hesitant to speak up, to take initiative, and to trust. I keep waiting for things to feel normal again, but they never do. It's no surprise, though, since we all know more layoffs are always a possibility.
Making the wrong decision
Fidelity appears to have made a business decision long ago in response to shrinking margins, automation, fee compression, and a more self-directed investor base. The problem isn’t the decision itself. It’s how that decision has been operationalized.
When a firm replaces professional judgment with opaque performance systems, “standards of care” stops being a value and starts being a slogan. The micro-management intensifies by design. Weekly one-on-ones. Additional check-ins. Maybe a "visit" from a market leader. More oversight framed as “support.” More and more metrics, but less trust.
I experienced this firsthand. It became a slow, unsettling realization that doing the right thing for clients and doing the right thing for the system were no longer the same thing. That tension doesn’t resolve, it accumulates. Over time, it wears you down. (Which I gather is the objective of a constructive discharge.)
Some people resign. Others try to hang on, only to find their work increasingly scrutinized, their judgment second-guessed, and their margin for error shrinking to zero.
It can be soul-crushing. (Which I think is the idea.) For those living it, the cost isn’t just professional, it’s personal.
Best wishes to everyone currently navigating that reality. If its any consolation, what that environment erodes isn’t talent, it’s morale and morale can be rebuilt quickly once you’re no longer inside a system designed to grind it down.
Bumped from @cf+1kh0ce72y, an on-point post.
Something went wrong, guess who's explaining
Another issue, another meeting where leadership sits back while someone from our level gets asked to explain. The people who made the decision are once again nowhere to be found. It's always the same: blame rolls downhill and we're at the bottom. I hate it here.
Layoffs have started
Hundreds of folks, all over the place. Remember when this was considered a safe job?
Experience doesn't matter anymore
The culture has shifted dramatically in the last two years. Managers with zero experience are making decisions that make no sense. You're not allowed to question anything or suggest better ways. The culture has turned from bad to worse. Every day I'm trying to find a way out. I think many here are in the similar boat.
Guilt is still eating at me
I survived the last several rounds of layoffs and I feel horrible about it. Some of the best people on our team got cut and I'm still here, with less than two years under my belt. I know logically it's not my fault, but I can't shake this guilt every time I log on.
Where is the accountability?
Real leaders own their mistakes. Ours just deflect and hide. The people running this place have no clue what they're doing and we're the ones paying for it every single day.
I’m exhausted from constantly waiting for the next round of layoffs
Are we ever going to be able to focus on work again, or is this just how it’s going to be now?
How low can it go
Will it be below 14$ by the end of the week? It’s a sinking ship while Executive’s are being fed grapes.
Sabotage
Have you ever worked for a company that constantly works against you being productive? Not just not helpful, actively makes it harder and harder to do your job? For the stock’s sake, I hope something changes.
Sycamore tricks continue
Great town hall, love the continued ask to do more without any mutual benefit.
No real numbers, just colors and words
No guarantees to top level performers for bonus or compensation
What would intelligent leadership look like?
Go into the successful locations, what is the common denominator?
STRONG MANAGEMENT that is incentivized to push a team through difficult times.
What is reality?
No incentive.
No reciprocal individual EBITDA benefit
Healthcare isn't office supplies, so DECREASING benefits and hours while INCREASING demands is a fools plan.
When this destructive self imposed Sycamore failure is complete, there will be business case studies added to college macroeconomics courses demonstrating how to NOT run a business.
Monthly bonus for hitting goals could be a good start for MGR, do you have zero motivational ideas Sycamore?
Anyone else find it comical ?
I’ve been here awhile, I see VP/SVP’s all of a sudden posting pictures of themselves with their teams on LinkedIn at their self-indulging little town hall meetings “look at me”, “I’m great”, “don’t fire me”.
Meanwhile, they have been here for decades, never worked anywhere else. Let me fill you in, you’re not the solution, you are the problem so save us your vanity posts and how much you miraculously now know about AI or Verizon Customers. lol
I "survived" the cuts
I'm one of the unlucky ones who's still employed by this trash company. I'm now going to have to do the work of 4 people, and I'm already DROWNING. In our dept meeting they kept saying we'll still meet our deadlines and learn how to "do more with less". It's IMPOSSIBLE.
I sincerely envy my associates who were let go.
Festival Season
How are we supposed to enjoy festival season?
Why do we have to piece together everything that's happening on our own?
Why is this leadership incapable of being fully transparent? They let us sit in uncertainty, guessing and hoping to hear something official that rarely arrives before we already managed to find out what's coming. Do they really not see how that's affecting morale and makes us trust them less and less?
I miss VMware
That's it. That's all I wanted to say.
Not as bad as it first sounded? Or they wanted chaos?
Yesterday we understood from the call that EVERYONE in the PS,CIO , DEV (except a few people) will be moving to 3rd party companies or let go, but today many people from all impacted groups are already retained, was this poorly communicated or they wanted everyone to feel the threat(then feel grateful?) feeling bad for those who moved or laid off, wishing you the very best .
Hold my beer …
… is what the chairman of the board likely said when it was assumed that Mark B. brought OpenText to the lowest depths possible. Jenkins is doing a great job of flirting with stock prices in the teens, which he will soon reach, and destroying what little morale was left.
I was let go today after receiving a great review and a hefty merit increase. I worked hard and produced great results. And as the case with many others before me and today, Mr. Jenkins and his ilk said sc--w you. Meanwhile, the two-legged snakes, family members and ever-shrinking legion of sycophants blissfully flop around in the increasingly pot of boiling water.
This ship has already hit the iceberg and is sinking at a faster rate than it was during the disastrous regime of Mark B.
The 3-book series on AI will not save this company, nor will the line-up of summits in Canada will not save this company. It is too late for that.
To all you good people still stuck on this garbage scow, find a life-raft now. Because if you thought marketing campaigns featuring scary muppets, goats and bland superheroes were bad, the upcoming Canada-is-a-trusted-player-in-AI campaign will “elevate” your opinion of those disasters.
Is anybody else constantly worried about layoffs?
Even without any rumors, even without any announcements, all I can think about every single day is what's going to happen if I lose my job to cuts. I wasn't like this before, I swear. But with all the small and large cuts in the last few years, I think they broke something in me.
It's 3/24/2026 and ASC is still total cr-p.
That is all....
Why do priorities change every few weeks?
Just as we get going, we have to pivot to something else. There's no way to be successful in such an environment and I'm getting pretty tired of it.
Morale
How are folks in the woodlands?
Denver?
Calgary?
All the Good.Ones Gone Already or Leaving Soon
March hurt. Two of our best and brightest left voluntarily despite having the coveted virtual designation and being only in their 50s. Each put on a good game face for why they were leaving but everyone knows they got tired of the lack of leadership and apathetic coworkers putting in the bare minimum. Morale is in the toilet and no one is trying to do anything beyond keeping their heads down and a clean presence report. T counting badge swipes, butts in seats, and key strokes as markers for success is cultivating apathy, resentment, quiet quitting, loss of morale, and disintegrating culture. No one else is paying employees this much for mediocracy which is why only those who saved and invested and have pensions can tap out. The rest of us suffer and grumble largely in silence. Most don’t even want to hear themselves complain anymore. I realize how sad and pathetic this post sounds but this is where we are and I am.
Citi-Apocalypse
Been glued to this site since the reorg announcement couple years back and it's just spiraling downwards. Total implosion is the only way to describe it. The culture and morale? Words fail me. Honestly, I'm starting to feel bummed that I haven't been laid off yet. I'd rather face starvation and homelessness than deal with this mess. Seriously considering quitting outright.
And I've got 20 years in the banking world under my belt, worked at multiple banks, but I've never seen anything this chaotic and awful. I'm actually surprised we haven't racked up more regulatory violations, but with the way things are going, it feels inevitable.
This past month has been beyond terrible. Almost everyone in my department has either been laid off, quit, or jumped ship to a new role.
They are getting ready to replace us
Forced Ai training. And soon to be forced to use Ai. While my director and mangers openly joke and laugh about how Ai is so great and will eventually take will our jobs. Great morale boost while they actively talk about wanting to boost morale.
It's become quite clear Boeing has zero interest in improving employee morale or correcting the mistreatment of employees
Anytime Boeing employees post details on here about how they have been mistreated by their Boeing managers. The Posts never stay up long due to the fact that the Boeing company goes head over heels to have critical posts removed and swept under the rug, whenever someone shares a personal account of how they have been mistreated, intimidated and sometimes threatened by their Boeing managers.
The Ethics Code Boeing forces employees to sign is garbage because very few Boeing managers abide themselves to the ethic code.
Geoff Martha -> biggest loser
How did we get to this point where corporate America is a country club where we will never obtain membership.
Years ago Medtronic was great place to work until the outsiders wrecked it with their paper MBAs.
Everyone I know is a clock puncher now. Why put in more than 40/week when it’s not rewarded???
Projects taking way too long now due to stretched AOP budgets.
Anyone believes that Hugo (extremely large space hog of a robot) is going to grow revenues? Elon Musks robots will soon be ble to do surgeries.
Whatever you think might save you - it won't
Veteran. High performer. Unique skillset. None of it matters. It's about the money. Skill and experience cost more, so they'll keep the slacker and cut the person who actually knows what they're doing. Meaning all that hard work you put in? That was for you. This company was never going to appreciate it.
I'll never trust Schwab again
I still think about a meeting where they told us we were crushing our goals. The vibe was good, people were relaxed, and it actually felt like things were going right for a change. Then a week later, half the team was gone. It’s hard to believe anything they say after something like that.
Stay positive
My manager noticed I’ve been down lately (I wonder why) and decided to give me a pep talk about staying positive and how things will get better. Are you fu--ing kidding me? Verizon’s been a mess for years, and things keep getting worse day after day, not better. And I’m supposed to smile and pretend everything’s fine? Fu-k off.
"We're realigning our workforce to better meet market demands"
It's going to be such or similar phase to justify leaving many people without their livelihoods at the time when the job market is at its worst and prices are skyrocketing. What a cr-ppy way to treat loyal employees who've left many, many years at this place.
I won't miss the chaos
Layoffs are bad, but the weeks and in some cases months leading up to them are pure chaos. It's the time when stabbing coworkers in the back is almost the norm, as if that'd help save somebody. Few people are actually working and most are speculating on what's about to happen. Productivity, morale, everything is down. I'll be happy for that to be over.
Value
No value working here.
A FAILED COMPANY
Throughout Gail's reign of te---r, she has brought this company to a new low. It's true that all the major healthcare companies are cr-p these days, but Elephants Health has trampled on its people far more than any other I've heard. They care NOTHING for you, no matter what position you're in. All they care about is making the shareholders and Queen Gail rich. If you're not planning to already, get out or retire if you can, ASAP! You may already be on the "list" and don't even know it.
So we have had two tentative close dates yet no confirmed compensation packages
No LTI replacement yet? Really? Employee first? Employee focus? When was the last update?
So are they laying off at close with these delayed announcements?
Fun morale booster.
So they're turning us into an honest‑to‑God sweatshop?
Not that we weren't one before, in a way. Now it seems to be the actual vision.