Lots of IT people cut in Columbus
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Stern parents and Drill Instructors instill self-discipline and impulse control that are essential for an orderly and just society and economy. Apparently, a college degree in debauchery is woefully inadequate and enables pomposity, loose morals and self-serving injustice.
I was WORKING decades before Bill blew in and continue to do so. The kind of work that makes you old and angry long before you hit your 60s. I have witnessed selfishness and greed in supervisors and managers that my parents would have whipped out of me long before I achieved adulthood. That is the impulse control and self-discipline I am talking about. Spare the rod and spoil the child. Too many spoiled children, who grew old but never grew up because they had no example to live by and no discipline to correct their abhorrent behavior.
@2g6x yeah defend the millionaire CEO! I’m sure he really gives a sh-t about you
Why are you so mad at Bill? Because he made you actually work?
@2g4k This company would not be here today had employees not held themselves and each other to a higher standard because that is the way their families raised them. The children and to some degree the grandchildren of the Greatest Generation appreciated how quickly a nation can take a dark turn, if citizens are not willing to stand up to and fight back against the evil of men, who have no self-discipline or impulse control.
Our linemen have worked in over 90-degree temperatures and high humidity for weeks on end only to be called back out to work outrage restoration most of the night and return to work the next day and repeat this brutal cycle for days on end. That is the kind of discipline I am speaking of. Our leadership cannot even control their selfish impulse to reward themselves before anyone else.
Our decline as a great company was not caused by employees. It was caused by leaders, who have no self-discipline or impulse control. Now, young employees are looking to the leadership to be the example and they are following the example set by bad leadership not the Greatest Generation legacy employees, many of who were offered voluntarily or forced to take involuntarily severances to achieve this historical second quarter.
Ye shall reap what ye sow. The young employees have not been inspired by great leaders and their legacy shall be a dim shadow of the accomplishments they inherited from older employees because they are not inspired or motivated to achieve greatness.
I worked for a number of very big companies, larger in revenue and employee count. In each case, market forces changed the companies, most times for the worse. Each time the company brought in someone thinking they were going to turn it around. In some areas, things got better, others, not so much. AEP is in the middle of that now. Some things will get better but I don't see the good outweighing the bad.
All of them are still here, AEP is not going anywhere but you have to look at it in a different light now, it's not that great of a company, there are better and there are worse. You have to decide if changing will lead to a better company. I'm almost there again, will decide this time next year on if I'm going to stay or leave. It's really up to Bill, if he doesn't get better, I'll show myself out
Eventually, the stiffer, older CEO pool will die off. The younger generation will create new work policies, and workers will be better off.
Unfortunately, a lot of us near the end of our careers don't have that kind of time.
Its a split between the older group bridging retirement timing and the younger ones upskilling until the business landscape improves and they can jump ship into a better job market.
By "natural evolution," I meant specifically that great companies/good companies eventually go to pot for any number of reasons.
@2g11 I do not think this can be characterized as natural evolution. It is more akin to de-evolution caused by hedge fund contamination and regression to self-serving immense wealth authoritarianism. We are no longer collaborating. We are being dictated to by a new invasive corporate oligarchy.
Unfortunately, what AEP has become is often the typical evolution of a corporation. I've been with a few other places that had all kinds of greatness happening for many years...until it changed. And from what I've heard from colleagues who are still there, they have not returned to anything close to their original culture. Unless there is a revolution, this may be the way AEP stays. I'd be curious what is happening on the hiring front when candidates find out it's a 5-day/week RTO. I'm sure a lot of people out there need a paycheck. Others may not be in the same situation and back out of interviews, turn down offers, or spread the word not to apply to AEP.
@2fzq you’re basically right. I’d say a lot of places are that way unfortunately. I think AEP was a unicorn for awhile; that is a great company to work for. Now it has become more like a lot of the corporate world which is not in the interest of employees.
Yep, keep your head down and do the bare minimum. Otherwise, you will be exploited. Great place to work.
A lot of things su-k. But I promise it’s not that bad of a place to work. Like with the country, ignore the politics the best you can. Just be aware of what’s going on so you can do what you need to do for yourself and family.
@2fs6 The Icahn grift.
@2fws Johnny come lately should not be reaping the rewards employees spent decades achieving. That is like running a 10k marathon and some guy jumps off the curb 50m from the finish line and wins the race. No body tolerates cheating in sports and it should not be tolerated in our nation's workplaces. If you came last, you get the least because that is all you have earned and deserve. If you have to steal success, you were never worthy of it.
Its to bad the company had to get rid of the employees that helped get the company this far. I know my last 2 years were horribke at AEP.
The commissions have been pushing back on rate increases. That’s what cost Julie her job. Bill was hired precisely because he has experience with getting those rate increases.
The stock has been doing well because energy companies have a pivotal role in the AI bo-m, and the growth the company is experiencing is once in two generations.
This of course has nothing to do with how poorly folks have been treated, especially the older folks.
The Ichan lift. This is when tbe stock price goes up after he takes over. The question is the company on a suistanable future. When Nick took over I believe the stock was in the 30s. Over his time it reached over 100. His leadership was much different approach. He made employees believe they had a part in the company and their contributions made a difference. It was a friendly company to work for. His leadership was long tetm growth. I believe this leadershio is short term. Stock price over employees and communities. Will it work.
The house of cards will come down when state PUCs start denying rate increases or cutting them in half out pressure on elected officials that vote for the people on the PUC and make them liable for the increases I know I'm an employee but I'm also a consumer as well. This is a Dr Jekyll and Mr Hyde case.
@2fn6 Customers and employees paid dearly for that historic 2nd Quarter. Corporate officers and shareholders waddle up to the trough of gluttony and gorged themselves.
@2fnb Cheating is not trying, it is stealing success from others.
@2fp3 Apparently, corporate has not had safety training on stored energy and the dangers of its sudden release.
@2fm9 Creating the illusion when shareholders and corporate officers get richer it is a win for everyone. The majority of AEP employees are fed up, unhappy and increasingly angry we are being excluded from the success, we are driving. Record corporate profits do not mean a damn thing to employees, who see no benefit or reward from them. I don't know, who Bill and the corporate board think they are fooling or intimidating but their delusions of grandeur and not being accountable to stakeholders is a outrageous and infuriating provocation.
The corporate toadies insinuating raises have been given out to corporate's pets and everyone else gets nothing is going to push employees over the edge and when their frustration and torment becomes backlash, I do not want to hear about how no one in leadership realized things were this bad. Leadership is wholly and solely responsible for the corrupt corporate governance, toxic culture and your toadies' provocative statements. They think we do not know who they are but their arrogance betrays them.
Honestly I was opposed to RTO but some of you have succumbed to wishful thinking it seems. It's like you want the company to fail because you don't like RTO. We aren't failing. The company is doing good. You can accept that or you can continue retreating into an inner world of delusion that everyone is quitting and everything is about to collapse.
@2fn6
Must be all those PAC emails that they hit of over the head with every two weeks. 😂
the best Q2 in the history of AEP. Like HOW though?! On what merit?
Simply, the earnings were higher because of rate increases that we (or some of us) lobbied for and got passed by the local Public Utilities Commissions. That's really it.
It is the chaos playbook. Keep everybody off balance. Don't let the opposition solidify against you. Keep them guessing. There are different versions of every corporate announcement for each OPCO. They are playing games with employees lives and livelihoods and they think it is hilarious and extremely profitable.
Retirement is so liberating. No more corporate toadies. No more infuriating kiss azzes. No more trifling goldbricks. No more senseless grind. No more aggravation. No more all hands on deck bullsh-t. No more f*cking shareholders. Just peace and contentment. What a waste of a life to make azzholes rich.
I’m really trying to understand Bill’s comment: that this has been the best Q2 in the history of AEP. Like HOW though?! On what merit? People are quitting or getting fired in droves. Every little thing changes every 5 mins; new initiatives left and right. RTO was flimsy and “unique to each BU”. (So don’t tell me that’s the key; I barely go in a full week myself). Remaining employees are angrier than grizzlies. I’m seriously trying to understand….what did it?!
RAISES, BENEFIT COSTS and ICP PAYOUT 2026 determines AEP employees' future commitment to corporate success. Share the profits or forfeit our commitment to your future success, SINCE WE HAVE BEEN REPEATEDLY DENIED OURS. WE HAVE SPOKEN!
Q3 usually is better than the other 3 with Q4 being the worse. If Q3 and Q4 just meet their expectations we should get an ICP but I'm sure they'll figure out a way to cut it back to sc--w everyone over.
Big ICP on the table until 10 days before the payout and then the bottom drops out and the Big ICP vanishes and we get lint. They can't help themselves. It is okay to unjustly take from everyone else, but don't you dare contemplate diminishing their compensation.
Big on promotion, but outrageously small on execution. Is it cold in here?
Been here too long, the bait and switch doesn't work anymore.
What are we thinking about potential ICP?
@2f9j makes me think they didn't want to answer questions they knew would come their way. Mine would have been with profits up to this level, will AEP seek additional rate increases? If so, how are we going to justify them? Any thoughts on delaying any requests for higher rates?
@2f9w I believe around August, 2026. I don't have an exact date. I do remember about August 2020 was when Therace, Sanjay, Heather, Anne, and a few others were pushing the Co-Sourcing smoke screen on everyone in Ops and Apps. It was a lie from the very beginning, it was always about outsourcing but they couldn't afford people leaving before getting TCS onboard to take over which started in September 2020.
I thought it was a 5 yr contract but was told by a manager in the know at the time, it was 6 years. I had a hunch TR would be gone after Bill took over. I'm not sure who or what protected her for so long. Maybe just a few key people protecting her left so her days were numbered. TCS days are numbered now.
Anyone know when TCS contract ends??
Anyone watch the employee cast where Bill asked for questions and then showed two prerecorded videos of people asking questions? Woooowww he didn’t even address any questions for them audience or online even though they kept sticking the questions@aep.com on the screen. WHAT A JOKE
@2f1z Not for long, IT is scheduled to be back in before EOY. TCS should be out sometime next year, should mean IT will need to hire a few hundred replacements. It will be interesting to see how many can be remote or will need to relocate or drive in if local. My bet, they'll have a hard time filling positions without some form of remote work
Personally, I do not care, the BUs think the service provided by IT 5ucks so anything will be an improvement. Maybe they should call all the folks that got let go back to replace TCS.
@2f27 surprised you were able to type that while gagging so hard…. I don’t care who you are in transmission or engineering, what degree you have whatever.
@2f2d doesn't matter to me anymore. I can do the next 6 months standing on my head. I am out of this miserable mess in January. Leaving at the beginning of the year. I'm going to carry over my 100 hours, collect my 200 hours and retire. Done with this place. If I get the CIP, fine, if not I don't care.
Someone stuck a fork in me and I'm almost done. Just 6 months stooges.
Transmission owes thanks to Carl Ichan for saving their azzes. Otherwise those azzwhole were failing to deliver. Lucky soneone bouught part of that company.