Sitting by the phone the get my wave 2 call…and it occurs to me how little I’m going to get done the next…week? month?…as I negotiate this theatre. Do they even realize what they’ve done here?
Posts mentioning hashtag #process
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How the game works
For a skilled senior manager within BofA, firing someone is a pretty straightforward exercise. It just takes a bit of patience and an ability to game the system of documenting alleged shortcomings by the chosen employee. I witnessed a well-orchestrated hit on a Band 3 work to perfection starting with a coordinated assault using the 360 review process followed up by interim reviews with negative business partner input (pre-arranged) that led to a DNM on the How. Follow that up with an impossible to meet Corrective Action Plan, and your decision to fire can be bullet proof. In an environment like we have today where managers have every incentive to cut staff, the task gets easier. You just need to force rank someone as a weak "Meets/Meets" and when the next round of layoffs arrives you have his/her head on a platter. This is not and never has been about fairness or doing the right thing. It is realpolitik BofAML style.
Next Round - Recovery Services Coordination to Costa Rica
Management has been there for a while now training to take over the coordination of Recovery Services, including large RaaS accounts. Not sure how that's going to go over with many clients as these are not employees, but contractors. Already lost many in October, next round soon or so I've heard.
To Rob
Rob, since your 1st post I have done a little digging. It turns out that CHK doesn't even have an accounting department! They grew soo quickly they just forgot to create one! Imagine that!!