Thread regarding Bank of America layoffs

Article on WFH and poor management practices

Good article from "The Hill" on remote work, flexibility and why mandates just don't work.

https://thehill.com/opinion/technology/5775420-remote-first-productivity-growth/

"...Leaders sometimes argue that stricter in-office rules are needed to fix collaboration or innovation. The better path is to raise the bar on management, not badge swipes. The Institute for Corporate Productivity report describes organizations that use “magnet, not mandate” logic, pairing remote-first defaults with intentional gatherings, clear policies and outcome-based performance management. The combination produces high trust, defined norms and sustained results.

The risk profile for mandates is asymmetric. If they fail to lift performance, you absorb morale damage and replacement costs while sending a public signal that policy, not management, is your lever. If they “work,” the effect often comes from short-term pressure rather than durable operating improvements. .."

"...Executives face a choice. They can pursue badge-driven control that fails to raise performance and risks losing their best people, or they can treat flexibility as a strategy, design for trust and clarity, and measure what matters. The organizations that choose the latter are building stronger teams and better businesses. The smart move now is not to roll back flexibility — it is to raise the standard for how you lead..."


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| 1 view | | 5 replies (last March 12) | Reply
Post ID: @OP+1kkeky6ns

5 replies (most recent on top)

This does not apply here because they see no risk to losing their best people. They want them to leave so a lower-paid minimaly-functional warm body can step in.

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Post ID: @f9+1kkeky6ns

I agree, the manager's do not seem to think the WFH rules apply to them.

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Post ID: @eq+1kkeky6ns

Managers will avoid being held accountable for the WFH violations from their direct reports, because in many cases they are total abusers of the WFH guidelines.

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Post ID: @e9+1kkeky6ns

Such a problem throughout all of corporate America - the complete lack of scrutiny and accountability of managers. At BAC, there are clearly little to no standards for those at the VP, Director, even managing director levels. Any failures of a given team/department are viewed as solely the fault of the lowest level employees and never the leadership. Which is so patently absurd no matter how you look at it. The idea with leaders should always be "the buck stops here". At BAC, the mantra of leadership is "the buck never rises above the B6s, and never gets to us. After all, we're wonderful, so no failures could ever possibly be our fault"

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Post ID: @ac+1kkeky6ns

Time for a round of "Dodge vs Ford" type lawsuits against all corporations that mandated RTO.

Clear violations of fiduciary duty to shareholders.

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Post ID: @a1+1kkeky6ns

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