Thread regarding PNC layoffs

Action required from YOU! Large thread, share and take action.

I’m asking you to message your director, your executive, your head of department to voice your frustrations. Let’s be real we have proven the remote model works very well. Acquiring BBVA and FirstBank, launching the new PNC website, onboarding over 11 million customers to a new user experience, beating earnings on a consistent basis, consistent dividend increases, record net income multiple times, becoming a top 5 national bank, and most importantly for the executives - a record high stock price less than a week ago. Let’s be real on another front, this announcement is driven by politics, power and greed. Don’t fall for the excuses. Well my friend Jamie Dimon did it, so why can’t we? Our shareholders don’t like empty buildings. Yea right our shareholders care about one thing only, ROI. (See above) Don’t fall for the corporate buzzwords that PNC loves to slurp on. “Being in the office fuels collaboration, sparks innovation, and helps us grow–individually and collectively.” In realty from someone who was five days in office, being in office fuels distractions, a longer commute, a reduce in W/L balance, and our carbon footprint (remember PNC loves the carbon footprint buzz-phrase). When a director or executive visited our floor, we were never approached or asked questions and if we tried to introduce ourself it was at the most a quick wave hi and goodbye. There was no collaboration. You took the time out of your busy schedule to come visit us and we couldn’t get a word in. Which is ironic because here we are yet again at a time where we are not given a chance to get a word in.

Long time FTE


by
| 1842 views | | 23 replies (last January 30) | Reply
Post ID: @OP+1keyrer16

23 replies (most recent on top)

The cities are rotting from the inside out. If you don't rto, restaurants die, if they die uniform companies die, etc. The tax base is crumbling and the states and municipalities are threatening to remove tax breaks for companies that don't live up to their end of the deal in creating jobs in the city

by
| | Reply
Post ID: @2gt+1keyrer16

@fp what is the number for the ethics line? You’re the 2nd person I’ve heard today mention this.

by
| | Reply
Post ID: @g8+1keyrer16

I say we all call the Ethics line on Bill for misleading, manipulation and abuse of power towards another employee aka all of us. What he and other managers are doing is against their own Code of Ethics. Report them to the third party company and HR will freak. The massive inconsistencies that are applied leaves huge questions legally that they will not want to explain and can't. CALL THE EITHICS LINE! I AM!

by
| | Reply
Post ID: @fp+1keyrer16

@bc I remember hearing about how he was awarded like $5mil or more during the same year there were massive layoffs. talk about not reading the room f.f.s

by
| | Reply
Post ID: @cz+1keyrer16

Why the secrecy? Usually Bill would have a video explaining corporate wide events especially something this critical. There were multiple videos in the past years of Bill explaining the work situation. Including him acknowledging remote work is here to stay. So why is he not showing a video this time? Why did he reverse his decision? Was he influenced by Trump? Dimon? Larry Fink?

by
| | Reply
Post ID: @cn+1keyrer16

Remote work saved PNC in 2020-2022. As a thank you we get minuscule raises that are outpaced by inflation and a mandatory RTO because for some God-doesn’t-even-know-reason in person collaboration outweighs remote work. Holy fu--ing sh-t how in the literal fu-k did we ever collaborate to deliver on project Taurus or onboard BBVA or FirstBank? You could not pay me to work in that shithole city. I was hired as remote full time. Boy was I sure played like a pack of cards.

by
| | Reply
Post ID: @be+1keyrer16

Remember folks this was a decision made by a guy who was compensated over $22 million in 2024. Most likely >$25 million in 2025. We will find out soon. Bill hasn’t had to struggle in this economy in decades. G.F.Y.

by
| | Reply
Post ID: @bc+1keyrer16

thanks Bill you ruined my year.

by
| | Reply
Post ID: @ax+1keyrer16

I wouldn’t encourage that. You’re putting yourself out there to be terminated. Just my opinion, of course. Some of us need our jobs as we have no one to lean on. I’m not happy about this announcement, but I’m just going to keep quiet and watch PNC’s reputation quickly decline…then goes the stock value….then let the shareholders and board of directors ask the CEO why this is happening.

by
| | Reply
Post ID: @ah+1keyrer16

@OP if you ever wanted 2 kno how out of touch pnc executives are ---- look no further. JFC

by
| | Reply
Post ID: @ag+1keyrer16

I graduate in april, I guess I can remove PNC from my search options. LMFAO

by
| | Reply
Post ID: @af+1keyrer16

Quit complaining find a new job

by
| | Reply
Post ID: @ae+1keyrer16

@OP here I'll start. Lets treat the current WFH days as if we were in office. Login at exactly 9am and logoff at 5pm sharp. Not a second later, you have a bus to catch and homeless encampments to avoid in downtown pittsburgh. Leave the laptop in your locker to eliminate the risk of it being stolen on the bus(es). Any late evening calls will need to be rescheduled. Weekend work, I'll try to make it but my bus route is limited schedule saturday mornings. So I might login around 9am or I might not. I'll provide 40hours of work, maybe 40h 10m if I feel generous. But don't expect me to continue my 53 hour work weeks.

by
| | Reply
Post ID: @ac+1keyrer16

gotta love the internal website to check our work location was absolutely crashed today by all the traffic. I wonder if someone had to be in the office to fix it.

by
| | Reply
Post ID: @ab+1keyrer16

@a8 hopefully they pay you overtime. that su-ks

by
| | Reply
Post ID: @aa+1keyrer16

good luck with that :)))))))))

by
| | Reply
Post ID: @a9+1keyrer16

i went into the office a few times last year. met some old coworkers met some new faces. now i sit in the same desk and talk to 2 people everyday. thats it. thats all my collaboration involves. unfortunatly my commute eats about 9 hours per week. so i might as well be alloting 6 days per week to this company but only being paid for 5.

by
| | Reply
Post ID: @a8+1keyrer16

My entire team is at least 300 miles from each other. Across multiple states. Nobody in their nearest building is able to help them with their work when questions arise. So its back on a teams call to get the answers needed. So why in the actual literal f*** does it matter where I work because I am calling the same person regardless of my question? Billy really pi---d off a lot of people today.

by
| | Reply
Post ID: @a7+1keyrer16

@a4 Do the bare minimum and dont go above what your are expected to do in your role!

by
| | Reply
Post ID: @a6+1keyrer16

You allowed me the flexibility to WFH. I provided the flexibility to work more hours (without overtime pay) as well as weekend hours and 2 am shifts and 10PM calls and 15 hour release calls.

by
| | Reply
Post ID: @a4+1keyrer16

Oh I am voicing my frustrations to my manager at my one on one today. I got a feeling he isn’t happy either. We are 1200 miles apart. I wonder if PNC is going to pay to relocate us so we can collaborate in person.

by
| | Reply
Post ID: @a2+1keyrer16

brother, they dont give a flying fu-k... brutal truth is that you could drop dead tomorrow and they wouldnt bat an eye. the louder you are the quicker you get put on a list for the next layoff

by
| | Reply
Post ID: @a1+1keyrer16

Post a reply

: