Word on THE STREET is that she is FED UP with the number of director and above positions and those numbers gotta come down.
Maybe time to take that informal RETIREMENT PACKAGE right the F now.
I got that straight from 'Tadpole.'
14 replies (most recent on top)
@ca didn’t there used to be a Sr. Director level once upon a time?
yeah I am hearing about the push for a more diamond shape org. a third of 7/8/9 may get pushed down or out. axe will fall randomly.
@r4 it’s the VPs that copy paste from AI for performance reviews
Level them out
A large share of VPs promoted between 2019 and 2023 appear to be operating below the expected VP scope ,closer to grade-6 level in decision authority and ownership
IC VPs are going to get trimmed… Just because someone is older and been in the company a long time doesn’t mean they are able to retire. Trust me there are quite a few 50+ associates that would love to retire to free up space for the GenZs to get promoted and not do their jobs.
"Trade mè right chucking now!!!!"
Pay me to go away, please. I am begging you.
Too many directors and not qualified VPs. They should create another level like Sr Director or Sr Principal to reduce the number of directors or VPs.
I’ve heard people say they are trying to go from 88,000 to 100,000 employees. They should have more people doing the e actual work rather than supervising it. Directors and VPs don’t really understand the details and they are expected to evaluate their teams. They are copying and pasting from copilot for quarterly assessments and annuals. I’m tired of writing up something that they just reword and don’t actually base our rating on. They are still just favoring the best a55kissers.
The company with the maximum amount of dinosaurs stifling growth of next gen... Huge dinosaur packs, average tenure skews extremely dinosaur'ish; sad state of affairs, all these people eat the dinner of grade 4's and 5's. Everybody is a principal engineer, director, VP and SVP with 10+ years of experience. what a joke,
This might be very sensible. Fidelity has a lot of dead weight after building an Agile structure where a Squad Lead had a 100% Business Analyst, a 50% Scrum Master, and 30% of a Chapter Lead, yet only "managed" four engineers they didn't have 1:1s with. It'll take a long time to get rid of the dead weight promoted beyond their station and have real working Team Leads who get stuff done
I hope it's true. Does anyone actually think management at this company isn't bloated and full of underqualified leeches?
Give me VBO package and I’m gone
What informal retirement package? There are plenty of director and above who would gladly take a package but aren't eligible for the retirement package (which is only available if you're age 55+)