@je Bold take from someone who thinks hiring and training happen by osmosis
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@h4 please - don’t make me laugh - our recruiters are dog sh-t and don’t even understand the roles and what this company does,
Ditto for L&D - those guys know jack sh-t about the product yet they’re qualified to train on it. Bs
@fb “Literally what is the point of either team?” Yeah, because apparently companies magically hire themselves and employees just download the skills they need overnight
Literally what is the point of either of those teams
Sometimes RIFs aren’t really about restructuring. Sometimes they’re about politics. There’s clearly plenty of hiring happening. Take a close look at who’s left standing especially in Buy Side: the people who say yes, don’t challenge the people at the top, and conveniently look the other way when certain people behave in ways that would never be tolerated from anyone else. At some point, you have to ask what’s actually being restructured.
Talent Acquisition in Manila was also affected.
An entire team dedicated to recruiting technical talent was laid off... which seems to suggest that FDS may not be planning to invest as much in growing its technical talent base there.
@a7 plenty going on for Growth org. They just go and grab the old FDS folks recommended by ELT. Look at Wealth side and soon buy side. Then each will hire 10-15 HCs
Well there’s no recruiting going on at FDS and hasn’t been for awhile so that makes sense.
Not enough cut there when we still have 10+ people in DE&I team. Who really cares about that function at this point…
Recruiting is bloated - half that team can go including the head.