#reorg

Posts mentioning hashtag #reorg

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End of COE/FPAS?

So with FPAS being consolidated into corporate FP&A, what was the point of coe finance transformation to begin with? It just goes back to finance like nothing ever happened? Finance is always chasing everyone else for savings, while untold millions were spent on overlapping roles and chaos for years with no accountability or sensible organizational structure. It is a travesty what has happened to so many careers over the years as a result of costly misalignment among the finance leadership. There could really be a full case study on it.


Modern Workspace

So the only groups that get to continue working in 1:1 flex offices are the people who made the decision to turn 1500 into a watered-down version of a college library (the Implementation team) and the reorg henchmen in HR. How poetic.

Because no one else in the corporation has any need for a quiet workspace. Or as they said in the HMP townhall: “you think you can’t focus in an open environment, but the truth is, you can focus anywhere!”


Is everyone activated yet?

How are your implementation teams going? Talk about useless overhead.

The cuts happened, reorg is done. People can figure out how to work again without you working with McKinsey on creating 1000 slides that no one will ever read again.

How many useless meetings about adhering to the operating model have you all had after the ROM in 2020? And here we are again.


Timing and how to get around the WARN Act

Happening the 2nd week of December.
Start looking at conference room blocks.

  • Likely on Wednesday.

I’ve heard the total reductions for the year will be around +20% company wide. - They have staggered them throughout the year to limit visibility. (Plants/Regions/HQ/removing open roles and now the great “re-org”)

We haven’t seen a WARN notice, so how might they be getting around it? (Please add if you know other ways)

Paying in-lieu of notice: Instead of providing the 60-day notice, a company may choose to pay employees for the 60-day period plus any benefits they would have received.

Forced attrition: Some companies may attempt to reduce their workforce by placing good employees on performance improvement plans (PIPs) with the hope that they will quit, thus avoiding severance and WARN Act obligations.

Notice +60: company may give notice on a predetermined day allowing for the 60 days to transpire with employees “transitioning” during this time; (so not actually going around the rules)


Emotionally draining day/ feels like death

What a horrible day, I am safe… but my friends were cut and it just feels like a death. NO ONE deserves to be without a job right before Christmas.

Sharing what I know, future looking -

Consumer re-org will be announced tomorrow.

Not sure on HR,Network,finance etc but consumer will be switched up completely.


APLA next steps

It's been leaked internally that the long term plan for APLA is now finalized.

CS WILL BE PROMOTED to chief strategy officer join me in congratulations on this big announcement for them.

APLA will be absorbed into apac and north America.

North America and latin America will become Americas.

Greater China will become Asia Pacific.

This leaves just three geos which will make things faster, most noble and efficient.

AMER
APAC
EMEA

Im really happy about this change and think it's a great move for everyone.


Blessing in disguise?

Layoffs?!? Layoffs?!? That’s impossible. I was told by reliable sources at the corporate update that no layoffs were “planned.” Crazy coincidence the layoffs that were not planned just happen to have occurred the week after the Impact roadshow. What are the odds? To be fair to Rick though technically he wasn’t lying. True Layoffs only come from the Layoff region in France. All other layoffs are just sparkling white Reorgs. Seriously, though good luck to those affected. It’s a blessing in disguise.


D&S Announcement

The gist I took away was we’re centralizing more engineering in the US, using tech centers more and only staffing manufacturing sites with under potential 30 types. I’d expect when the current batch of lower potential 26-29’s get told they’re stuck, the “redundancy” problem takes care of itself.


I have yet to see any effects of the layoffs or reshuffling

What I don’t see is Nike ever reaching the heights of its old glory again. I actually used to enjoy working here. Now it just feels like any other random job that could vanish at any moment, and I wouldn't even care. You can’t be invested when leadership isn’t, and you can’t feel like part of a team when there’s no team left. We’ve become bland, and cutting people seems to be the only strategy they have to stay afloat.


It’s hard to embrace being disposable

Look I’m not even mad anymore. just tired... Every week it’s another round of whispers about realignments and optimization, and we all know what that means. People disappear from the org chart, managers act like it’s business as usual... and everyone else pretends not to notice while secretly refreshing job boards.What’s wild is how leadership keeps calling this progress. They hold some all hands to talk about leaner operations like we’re supposed to clap for losing our coworkers. Then they tell us to stay positive and embrace the change. I’d love to, but it’s kinda hard to embrace being disposable.... and don’t even start with the we’re one team stuff. One team doesn’t keep cutting off its own legs. One team doesn’t keep asking people to train their replacements. You can call it efficiency all you want, but what it feels like is betrayal. I used to think Verizon was a place you could build a career. Now it feels like a place where you just wait your turn to be streamlined. Maybe the saddest part is how normal that’s starting to feel.

Bumping from @a6+1k9qp9myj.


Reorg before cleanup

Why cant the teams reorganize before cleanup. Let the low level hard worker atleast try to understand the org structures and the new skill needs before asking him to go. There are so many managers who are just going to take care of their favorites and the true workers might be left in the dust. It just makes sense for the worker to be assigned to the new org structure where he can reskill and deliver as needed. Remember most of the band 6 and below are just doing what they are told , with all the hard work necessary to acheive that.


CEO RIF/reorg

Verizon to cut 15,000 jobs as new CEO restructures company

Verizonplans to convert 180 of its company-owned stores to franchises as part of its downsizing efforts. This move is included in a larger strategy that involves cutting approximately 15,000 jobs, representing about 15% of its workforce.


Nike HR: Can’t get it right for themselves

I’m genuinely curious if anyone else wonders what’s going on with Nike’s HR function. The constant layoffs, reorgs, and shifting structures are confusing at best and destabilizing at worst. If HR can’t get things right for themselves, how are they supposed to get it right for the rest of the company?

In my experience working with that team, it’s a mix of highly competent people and others who are… not. Like many parts of Nike, it often comes down to who you know and how willing you are to step over others to get ahead.

The latest move…eliminating the head of Recruiting and burying the function should be a signal to everyone. Maybe the person in the role wasn’t the right fit, but that’s neither here nor there. The bigger concern is the direction of the function as a whole. It feels like we’re heading into a darker period, and the signs are all there.


IT took another beating today….

2 months after the August layoffs another massive RIF focused on flattening the org. Aravind’s org took the brunt this time.

What’s next:
IT managers being flipped to IC being discussed.

Elimination of the IT Sr Director role being discussed

Reduction of H1Bs in IT being discussed

Product Org (under Omar) RIF in December

Consumer Org (under John) RIF in December or January

Srini massive Q1 reorg to align with his vision for T-Mobile

The happy go lucky Mike Sievert days are gone. The dark clouds of working under a sr leadership team mostly picked by the board are here. Think of the Lion King when Scar took over the pride lands, that is what TMUS will be the next couple years.