Management is actively replacing higher-paid experienced employees with lower-waged employees. It’s an active plan and it’s happening across all divisions of the bank. (Not new, I know, but the pace has picked up and I’m watching it happen.)
Charlie is pressuring managers and directors to reduce their costs in any way possible. Managers have been sent strict parameters for their departments to meet as far as costs and head-count.
Cross -training is a normal and positive process in a business which is growing. And a business with trustworthy leaders. But now that Charlie has we-ponized it, I would proceed with caution.
My thought would be to request a face-to-face with your manager and look them in the eye and ask questions. “I am aware of other senior employees who have been laid off after training an associate. Should I be concerned that’s what’s happening here?” “Is our department properly staffed, or should we expect layoffs in the future?” “You are asking me to train another person on a position which I have grown and perfected personally, how can we know that upstairs is being straightforward with us? “ Keep asking the questions and then make any decisions you need to make based on your gut instinct after the meeting.
I don’t necessarily mean to suggest that you can’t trust your manager, but just know that they are being forced to save their jobs too. It has become dog eat dog, unfortunately, and you have to be smarter than they are.