Topics regarding layoffs at Northwestern Mutual

Topics regarding layoffs at Northwestern Mutual

More cuts coming

I'm hearing rumors about more cuts, do we know anything concrete yet?

Baseball Sponsorship

NM appears to have money to sponsor a bunch of multi-millionaires on a professional baseball team but can't find the money to help employees or their kids with tuition assistance or even a 401k. I wonder how many people will get laid off to pay for... — read more 

Top Level Resignations Today

DV, of WeWork fame, has resigned for a new opportunity. His last day will be end of next week. In addition, AY, Engineering VP for Field Experience, is also resigning for a new opportunity. Hmmmmm...

Product team needs a headcount reduction!!!

Why eliminate only tech positions? The management needs to do some pruning in the product team as well. We have many waste “Business Analyst” out here who have the word “Business” only in the job title. These drama queens know nothing about NM... — read more 

Employees that end up on PIPs

I had many colleagues who were hardworking and dedicated employees but who ended up on PIP. Moreover, there may be more PIPed individuals like that than there are slackers who nevertheless manage to hold onto their jobs and continue to be... — read more 

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| 1951 views | | 6 replies (last September 3, 2023)
Post ID: @OP+1o3lAFim

More layoffs?

Were there more layoffs today? Received a message from a coworker telling me their position was eliminated today.

Survey Results hidden

Our department was informed that leaders will not be able to view the data or comments from the employee survey. Donald talks about transparency empowering the teams with data, until they do not like what they are seeing. Not sure why they survey... — read more 

Unionization?

One of the questions for the Weekend is about unionizing IT. This sounds like a great idea at the surface but is unlikely to ever happen. We would have a better chance demonstrating during Annual Meeting to show the field and policyholders just... — read more 

Dear Leaders

I know people will rip the RTC themed weekend train wreck, but for me it was just painfully clear that none of you actually believe in any of this cr-p and that’s why it comes off so poorly. You’re likely being told you have to do this so you’re... — read more 

Double Standards

It is shocking all of the double standards that exist at this company. NYC employees who are grossly overpaid more than Milwaukee employees purely because of their work location and are now only required to be in the office 2 days instead of 3... — read more 

Security Issues

NM's answer to the daily violence in Downtown Milwaukee is to get a security van? What exactly is this van going to do to combat the daily mu---rs, muggings, and violence. They can't honestly think this will make anyone feel safe or want to go... — read more 

DG’s purposeful presence mandatory 3 days

DG talked a great game about being in when it made sense using your educated brain. Now we know he was all talk and just a pawn for DR and CM. Question all of the things he has talked about since his arrival. Watch for your attendance records... — read more 

Layoffs every six months

A month ago, when the tech was hit with layoffs, there was talk about future layoffs every six months. What happened with that? Has there been any more talk about it or was it determined that it was just a rumor started by somebody who was bored or... — read more 

ICS - Product teams??!!

JS cited “Better alignment” as a reason for changes in ICS. Does the ICS product leader have any product background? She’ has a huge organization and seems move was to justify her level than real outcomes.

Target groups

I'm safe for now but I have very little information and am very concerned about these layoffs. Does anyone have any insights into the target groups? I'm also interested in how many people have been laid off so far?

Can AW & BG be 2 for 2 in destroying CS?

We in CS think AW & BG will be 2 for 2 in destroying corporate solutions. Looking back AW destroyed the testing org and just left while the hole was on fire and just walked over to CS. Moral is at an all time low, he just talks but no action, never... — read more 

Purposeful Presence Hopes are Dashed

For those that missed The Weekend this morning, our hopes of our new CTO being able to secure flexible working arrangements for ESD were brought down. DG only wanted people to be on-site if there were benefits to doing so, otherwise he preferred... — read more 

Inclusion Confusion

Revel in Tech proved once again today how divided the company has become. The divisive presentations promoting hatred, hostility, and personal agendas had nothing to do with technology or Northwestern Mutual business. The same subset of... — read more 

Franklin vs Downtown

In a public memo from the Milwaukee Department of City Development dated 2/15/23, it was stated "The downtown option is more expensive than shifting a portion of Northwestern Mutual's workforce to the Franklin campus." If it isn't for cost savings... — read more 

NM should take notice of recent bank failures

Successful businesses have one thing in common, a pure concentration on their core business and processes. Companies that spend a lot of time deciding on what towers to build, furniture to buy, or societal problems outside their core business usually... — read more 

pay for performance

"we pay for performance" we often hear. is it true? merit pool of 2% equals of a 5% paycut at best, 6% for most this cycle once inflation is factored in. run the bonus pool out using company provided numbers and a high performer should expect... — read more 

What is the point of ESS and how on earth is UV a VP

Seriously, it's been nearly a year since AW took another role and CJ took over (with one foot out the door). UV was interim VP (despite being here for just a few months and accomplishing nothing) and now actual VP for 6 months. In those 6 months... — read more 

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| 3570 views | | 8 replies (last February 28, 2023)
Post ID: @OP+1liiBXDn

Disappearing Scholarship Fund

We now know where the funds that had been allocated for children's scholarships are being reallocated to when the program was abruptly ended recently. According to the MKE Business Journal "Under the agreement to receive city financing... — read more 

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| 2291 views | | 3 replies (last February 22, 2023)
Post ID: @OP+1leKZbJa

Job Posting

How much more blatantly discriminatory can you be with a job posting like this "SR DIRECTOR FIELD DIVERSITY & INCLUSION - ADVANCING WOMEN" (Job Requisition: 37306) Save this posting for when the discrimination lawsuits begin. ... — read more 

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| 3051 views | | 2 replies (last February 9, 2023)
Post ID: @OP+1l644sgR

New North

At a time when office spaces are being seen as more & more of a legacy of the past & staff continues to express a lack of interest and need for them NM is doubling down on them. That sounds about right...

The "Weak" End

Another half hour filled of 'weak' answers to important questions facing the department.

Life is better after NM!!

It’s amazing how incompetent management is at NM! Especially in ICS. Been there over 4 years and kept doubting myself due my manager who only care about herself. Don’t let any senior leader in ICS bring you down or limit you! There’s really... — read more 

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| 2251 views | | 3 replies (last February 2, 2023)
Post ID: @OP+1kRyiLmR

Engineering and IT is FU---D here.

Its unfathomable how we manage to keep things to a point were they are stable enough to work. From the silo's and walls put up to keep us from working together to NM's deployment of Jira. Other companies such as SCJ and Fiserv seem to do it... — read more 

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| 2781 views | | 7 replies (last January 19, 2023)
Post ID: @OP+1kDuRlp2

marty the joker

can we have less of that guy? how many want to see what he does for a job? i cant imagine the amount of money his organization is wasting at the company - its huge and is stacked with nyc deadweight. your welcome policyowners.

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| 2481 views | | 2 replies (last February 23, 2023)
Post ID: @OP+1khhM5js

Layoffs in ICS and Innovation

Just heard mumblings and a saw a few weekend posts indicating that ICS and Innovation teams in the tech space are going to be disbanded or reduced significantly end of month. So what happened to CM and JS saying "There are no plans for mass layoffs... — read more 

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| 5400 views | | 8 replies (last February 4, 2023)
Post ID: @OP+1jvmT7oE

NM sl@v3 org chart

Anyone else look at the org chart and see a class model? Minorities at the SME lowest level, whites in the SD, VP, ELG, SLT? Really makes you wonder, are these ERG’s just a good will cover?

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| 2511 views | | 3 replies (last October 28, 2022)
Post ID: @OP+1jqvxriu

Cleaning out upper floors of the house

One by one I continue to watch long term NM leaders get pushed out the door. Several more VPs and SDs in the last couple months. It’s endless. All this cutting of talent that has been loyal to making NM great continues to shred up the tattered... — read more 

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| 3200 views | | 7 replies (last December 29, 2022)
Post ID: @OP+1jqYYJTn

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