Topics regarding layoffs at Northwestern Mutual

Topics regarding layoffs at Northwestern Mutual

Any word about AIP 2024?

What do we think AIP would turn out with layoffs, reorgs, and no strong company performance

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| 2150 views | | 7 replies (last January 15, 2024)
Post ID: @OP+1qruEriK

Favorite Happenings in 2003

Thinking the company might give us something decent or at the very least NORMAL for Christmas and instead getting NOTHING or a few remote people got some old crusty pretzels and a strange patch that no one knows what to do with. What happened to... — read more 

Warning Signs

Open forum to post your NM warning signs. ) NM's dividend (5.1%) is now lower than Mass Mutual (6.15%) ) NM dropped out of the Fortune 100 and Mass Mutual moved into their spot. ) Still no 401k match. Is the company strapped for... — read more 

CM loves McKinsey

Per the weekend CM loves McKinsey and everything they stand for. People that know know. Watch the John Oliver show.

Driving the Downtown Obsession

Today, JES continued his lack of confidence and logic for his dream of uniting NM after his failed attempts to unite LV and NM. When asked about the I-794 construction project, JES said “It doesn’t feel to me like there is an obvious, clear answer... — read more 

How much does a Sr. D make?

Hones to goodness, how much do they actually make? Are they below the midpoint like the rest of us?

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| 2742 views | | 8 replies (last November 3, 2023)
Post ID: @OP+1pbWejRF

The weekend in review: where logic dies

Bringing you yet another episode of the weekend in review, reminding you of all the questions our leaders tolerate (but shouldn’t). Let’s jump to the top 3: Our resident slack nitpicker (MT) has a question. She wants to know if we can make layoffs... — read more 

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| 1800 views | | 4 replies (last October 20, 2023)
Post ID: @OP+1paNfC8Y

Another Lame Apology

NM has once again decided to interject itself in a political matter and it backfired. This time they opted to share their anti-Semitic views and offended a large part of the field. The response was to send a lame apology letter to backpedal. ... — read more 

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| 1710 views | | 3 replies (last October 18, 2023)
Post ID: @OP+1p8hZIaa

Layoffs coming up in ICS

The head of department just confirmed that….end of year. The sad part is he is relying on his head of product (SM) who has the biggest waste in her organization. What can be the bigger disappointment than her deciding our fate!!!!

The Weekend in review: idiocy continues

In this episode of ridiculous questions that our leaders continue to entertain (but shouldn’t), I give you the top 3 ridiculous weekend questions for early October: Yet another p2 complaining about not getting promoted to a senior role even with 7... — read more 

The Weekend magnifies the most annoying voices

I feel like a lot of the success of What’s Up was mostly because we never had any hard topics. We were on a hiring spree, everyone was working from home, and the worst we had to deal with was the evergreen question about our 401k. The rest of the... — read more 

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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| 1950 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 

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