Thread regarding Truist Bank layoffs

This is a new 'Layoff Machine', first invented by IBM. See "Drowning Machine" on Google or YouTube. Here's how it works:

1. Get a BIG personality to come up with a grand new idea for bank operations. Grandiose narcissists (GN) are the ideal candidates for this role. Real slimy, slick folks who couldn't care less about the common folks work best.

2. Build a new building for the GN's grand plan. Fill the building with attractive toys for newly hatched adults.

3. Recruit fresh young faces (FYF's) en masse into roles which sit in the new building. This makes the most of the company's real estate investment, and starts the competition.

4. Pit teams and employees against one another to see which FYF's have the best kneepads and play the best politics.

5. Burn 'em, then churn 'em. Cherry pick the favorite FYF's, fire the rest of them.

6. Have GN give a large Town Hall meeting to announce what a great thing he or she has done with this scheme.

6. Hire a new cohort of FYF's to fill the vacancies from step 5. Loop back to step 4.

Rinse and repeat ad nauseam.

Didn't they already try this a couple of years ago? What's different this time?

Enterprise Technology Success Strategy:

1. Bury in-house software developers beneath mountains of processes, documentation, meetings, and pointless spreadsheets.
2. Tell same software developers that they are lazy, inefficient, and stupid because they can't get their work done.
3. Hire new software developers (preferably all H1-Bs), hide them away in a secret location, give their group a catchy name, allow them to code without following processes, doing documentation, attending meetings, and filling out spreadsheets.
4. Have the group's project be a game that no one will download or play, ever...so it doesn't need to actually work.
5. Give promotions to all Enterprise Tech "leaders" connected to the group.