Maybe they thought that fear of getting laid off would make people work even harder, but I notice that the exact opposite is happening.
Is there anyone who continued to work hard in such a chaotic and uncertain atmosphere that they created?
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Some years back employees were considered as family members to be nurtured and taken care off, now a days they are treated as disposable, use and throw there is no loyalty no sense of belonging. This impacts innovation, employees work in fear and the creativity is lost, they jump the ship at first available opportunity. The time I spent in CAP1 I found employees to be scared, appeasing their bosses, I wondered why? After I got laid off, I now know the answer, the culture in Cap1is toxic!!!
It's hard to focus on doing your CBT compliance training when all these distracting things are going on.
Execs always lie when they say no new layoffs will be announced. They get them cull them through stack rankings performance system.
CAP1 has started laying off software engineers, Data scientists and Product Owners, every day a group is laid off.
Currently the environment in CAP1 is of chaos and fear, nobody can work with 100% dedication when there is chaos and uncertainty around, people are doing minimum just to be safe. No idea, where things are headed every day there is a new group that is laid off. Maybe they are doing this so that Rich Fairbanks will have something to talk about in his strategy sessions.
Yes, people are less engaged because of the uncertainly that the other shoe us about to drop. Those stack ranking calibrations will do that to people.