Thread regarding Morgan Stanley layoffs

Greed and more greed

CEO hires a ton of useless outside MDs to implement Agile and DevOps (which are practices, not roles) and then fires a ton of loyal hard workers two weeks before Christmas to pay for it so that he can make his target cost to the business and get a fat bonus for his family. This was once the best of a bad bunch, it became a hell of political posturing, lies and false promises.
Signed a bitter ex employee of 14 years.

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| 2191 views | | 3 replies (last December 11, 2019) | Reply
Post ID: @OP+12sgkaq8

3 replies (most recent on top)

Agree the CEO is just lining his own pocket. Look at the stock price,

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Post ID: @ojn+12sgkaq8

we have seen people who joined less than half year and was gone

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Post ID: @xzo+12sgkaq8

So bad, one of my colleagues was let go just a few months he was converted from consultant to a full time, he felt like he lost jobs in a few months.

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Post ID: @ixh+12sgkaq8

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