How many leaders in IT&V have been in the same role for 5+ years? 10+ years?
In most cases, you will find they exist in areas with minimal measurement. They are hidden from the spotlight. No one knows if they are performing or not performing. There is typically no tracking. Some are coasting.
Even if the area has tracking, they are fudging numbers.
You will also find that many of them are the root cause of most problems and have weak backgrounds.
The strategy team LOL
This group should be named Testing and Nepotism.
Get out while you can.
They want you to but it’s best. Come back after it all blows up.
Anyone with a brain knows the coverage from top to bottom would not meet minimum expectations prior to the consent order. Faking coverage is not a smart move. The program and majority of leaders will eventually be asked to leave. It’s part of the cycle.
It has been a complete utter circus ever since they promoted a clown to be in charge.
I sit near ITV people that do not charge hours. They work 2 hours a day maximum.
There is clearly zero oversight. I have observed this for years.
It is sad they lay off good hard working people and we have so many contributing nothing.
@gr So out of those 300, how many were management level? Fact is they still have way more to go to be efficient in this area.
@d8 1k people have not been laid off this year. The number is down 300 something, and that includes people who left on their own to other depts and external roles.
I thought they created a bunch of “efficiencies” in testing by using AI…. Why do we need so many spans and layers anymore? Hahahahaha.
In terms of leadership, Faust is terrible. Invisible when needed, no connection to the rank and file. Her focus is solely on how she can elevate herself, and insulates herself in a bubble with sycophants like Lipps and Rogers who desire the same. Her jaw must have been on the floor when she learned that she wouldn’t be Flowers’ successor.
ITV is STILL the most over bloated function in the bank. They have tons of senior managers and directors with 1-4 direct reports. These "leaders" do nothing but sit in meetings all day and look for ways to cook the books. This is after laying this group laid off almost 1k people this year, but the overall % of management was less than 1% of that number. Wonder why?
Risk Asset Review is in the same boat, maybe even worse.
Maybe, but they aren't going to downsize you and lie about it. HY is the real enemy.