#reorg

Posts mentioning hashtag #reorg

Below are all the posts — topics as well as replies — that mention the hashtag #reorg.

Mention #reorg in your post to continue the discussion!

Are we done yet?

so now what?

is today the last day of layoffs and tomorrow and thurs are the 'reshuffle the deck', deck of cards that are 2's and 3's and a couple 7's of clubs

russian roulette done, now time for low stakes poker and playing bad hands

what a joke this is, every year, there's nothing left of us, no hope, no ambition, just fear and low energy

all the wind taken out of our sails

that phk celebration gonna be real fun, but then again, the east campus seemed untouched, so I guess ol tech doesn't matter

time to move on if you haven't already........for those that remain, spend all energy on new opportunities.....this place isn't going to let anyone else retire from...those days are over....long tenured.....big red x on back.....just how it's playing out

#Layoffs #Morale #Fear #JobSecurity #Reorg

Reorg

Got laid off last week due to reorg at Gainwell — no notice, just same-day exit. Management changes, no budget, increased pressure on teams, and offshoring made the direction pretty clear in hindsight.

It’s a tough reminder of how quickly things can shift, especially with AI and evolving priorities reshaping the industry.

#AI #Layoff #Management #Offshoring #Reorg

Wealth RIF

Brokerage, Wealth, WI, PI are all under WEALTH as a BU.

Back in 2024, they split Wealth into Personal investing (PI) and Workplace Investing (WI) that had some impact and layoffs.

But the move did not make sense long term and hence with Emerson's and Bob's move Brokerage, PI, WI are again considered "Wealth" as a one BU and there's push to consolidate operations that do similar work.

With that, there will be obviously some redundancies that will be introduced.
Some slackers who have been coasting for years, will be exposed along with managers pets and those managers who are responsible for encouraging these pets.

Majority of these "pet owners" tend to be CL and GCLs, not just in Wealth but across company.

What's unfortunate is that there are some chapter leads who got "lucky" and are now "Engineering leads" but still promote favouritism.

It all stems from their own insecurity, they downplay achievements of high performer pushing them to deal with all sorts of stress, anxiety and uncertainty.

They will talk big game in the face but seriously lack basic documentation skills.

#RIF #Redundancy #Reorg #Favoritism

RIF - SLs,GCLs

In two weeks, a RIF will take place at WI ,Wealth & Brokerage. The SL/CL roles will be combined, and SLs will be asked to assume G8 positions. GCL roles with fewer than 8–10 direct reports will be eliminated. In most cases, GSLs will take over the responsibilities of GCLs.

#RIF #Layoffs #Reorg

EMTEC Hadcount

Seems like EMTEC is planning to increase the PIP % across all of its organizations this year. All the made up LCS roles are being reassigned back into research, Done with stories used to justify CL upgrades . At the same time, we are seeing significant redundancy across research functions, and there is heavy hiring within BTC on computational modeling, RTO, and data science groups.

#PIP #Reorg #Hiring #Redundancy

Take your kid to toxic work day!

I’m excited to provide my kids visibility to the wonderful life of being a Vteamer today! They are also honored and humbled to attend. We have been going through post it notes as a family to train them for today with key critical learnings. These include inquiring about the power of convergence, setting the foundation, playing to win, JOMO, and of course harnessing AI. They also know not to ask about building closures, layoffs, offshoring American jobs, reorgs, aol, yahoo, blue jeans, Verizon global services, plus play and more. I can’t wait to follow up, circle back and close the loop to hear about their day. Proud to be vz. Let’s go team!!!!

#Toxic #Layoffs #Offshoring #Reorg #AI

May re-rog

According to multiple sources here in NC, there could be a major reorganization involving GCL, SL, and Architect roles across all the BUs (Starting with wealth and brokerage) . GCLs are largely viewed as paper pushers with no real value, and many G-8 SLs could be pushed down to G7. Architects are seen as another set of dinosaurs from a bygone era , they may soon become extinct as well.SLs in the platfrom squads will be axed or pushed to G7-6 individual contributors

#Reorg #Reorganization #Contribution

World did not end with my RIF…..

For everyone stressing about losing your job, stop worrying and start planning.

When the Marcus massacre hit in August of 2022, I knew we were entering a new era. Right then I made peace with the fact that none of us were safe. I went into uber saving mode, paid off as much debt as possible, didn’t make any large purchases like cars or houses. I just saved!

Fast forward almost 4 years, I survived countless “reorgs” , staff reductions, etc. watched lots of friends and coworkers leave for no good reason. My luck ran out and I was RIFd a couple months ago. I’ve taken the time off and relaxed, it took a couple weeks for it to really sink in. But once I had purged the toxicity of that place and could see it for what it really was, I was happy.

I drive my kids to school every morning, work out every morning, drink coffee and read or listen to music. I spend an hour or so looking at job opportunities. And also thinking about going back to school because why not.

Don’t stress, just make peace that you’re going to get hit eventually. Save, Save, & save and be prepared.

#RIF #Reorg #Staffing #Reduction

Contact Center RIF

Any idea how many and which teams are impacted? They reorgd our entire engineering teams and i heard massive layoffs are coming on 30th and again next month, with 4 rounds planned as contact center is generating dozens of millions of overhead losses each year and on top of the list for 2026 cost reduction. Our VP jumped ships leaving us in a deep mess, TBH he was an a--hole and a nasty red neck type snake with a foul mouth. All Sr directors and above have been asked to provide a list and their bonus will be determined by the cost savings and offshore ratio they can show. My wife is close to a Sr director even he doesn't know how many but provided a vague explanation while asking her to compile a list

#RIF #Team #Impact #Reorg

Employee Survey

Not that I have faith we’ll see the results, but if we did, I wonder what the majority of responses would show. Are most people unhappy? Is it just certain functions? I don’t feel like anyone I talk to is satisfied with where this reorg has taken us but that’s such a small sample of the larger CVX population.

#Survey #Morale #EmployeeSatisfaction #Reorg

Functions 50% Cost Cut by 2030?

Hearing credible rumors from multiple sources this week that YL has set a target for functional cost to be cut 50% by 2030 from 2026 levels. Meaning all current reorgs are only a stepping stone cost cutting measure to be followed up in 2028/2029 with another round equally as deep. Please share what you know. promoted this year, feeling a bit vulnerable now.

#CostCutting #Reorg #Rumor

The shuffling begins

In my region Sr. Leaders have started to move some favored Midline Managers into new “special” roles. This always happens at BP right before a big reorg, so Sr. Leaders can save their favorites from being let go. Any one else see this occur in there region? It seems like Meg has some people SHOOK.

#Leadership #Reorg #Question

New Regional Reorg

There is a significant concern across the teams regarding the lack of bottom-up input in this new structure. From the conversations I’m having, there is near-zero buy-in because the workload and structure don't seem to reflect our operational reality. How does leadership plan to address the fact that the people expected to execute this plan believe it is fundamentally set up for failure?

#Reorg #Leadership #OrgStructure