#concern

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Are the SLT in hibernation

I think there was a previous post but where are our EC and SLT? We have a couple of weeks to year end but no rallying cry, even though it will not halt the demise. No interest in any big deals. No interest in any small deals. No interest in any client interaction to help close deals. No idea about what is going on. Our CEO, Chief Revenue Officer, Chief Marketing Officer and our Head of Sales strategy are AWOL and too busy creating slides that say nothing and continue the BS. Our COO is too busy making up numbers. Maybe everyone should simply stop for the year as well?


Too dangerous to RTO in the Northeast

We received 9 inches of snow yesterday and the streets and walkways are full of ice.

There will be many falls, injuries, and lawsuits as a result.

A responsible and reasonable corporation would have advised their employees to stay safe and work from home.

At least I punched the clock!


This is just the start

I don't mean to be an alarmist, but I think it's clear we're entering a period where layoffs are used to fix leadership insufficiencies. I guarantee you these will become a regular occurrence from now on. I truly hope I'm wrong, but my old company had a similar situation, and within six months from the first layoff I was out of a job as well.


I'm Sorry Dave, I Can't Do That....

Hal2000 was conflicted in his assignments. I can't wait to see what happens when our AI models get surreptitious assignments with override codes like Hal2000 did. Yes, its coming!
"I'm sorry Bob, I just can't activate your account right now. You have been deemed a risk....please step aside and wait for the authorities....."
Yeah and there is no coming back from that scenario. Nope. None.


Is BNY's reputation affecting your job hunt?

I haven't been here long, but the company's public image seems to have taken a real hit lately. I'm starting to worry that having this on my resume might not be helping my applications. Maybe it's just my nerves, but the thought's definitely crossed my mind more than once.


The great job shift, short term wins with long term consequences

With jobs moving to Mexico and India at lightning speed, I'm sure companies like PepsiCo have a solid plan to ensure US consumers can still afford their products. I mean, who needs a thriving middle class, right? Guess we'll just have to rely on robots and AI to buy all the stuff. Every year there is more hiring and pushing of jobs to Hydarabad. I heard from a colleague that in the S&T townhall, the VP Strat was gloating on how finance function moved all roles to Hydarabad (tongue in cheek laying off US workers).

Seriously though, how do they plan to sustain growth without a strong US customer base and more importantly money in their pockets? Do companies like PepsiCo have a Plan B to deal with the impending doom of a cash-strapped US consumer? Do they just assume people will magically keep buying their stuff despite having no income?


post gazette article on Pnc

I just read the article in the post gazette regarding PNC. I’m not going to discuss any particular company, but what I will chime in on is that it is not ANY company‘s fault that downtown Pittsburgh has fallen apart and no one comes downtown anymore. They have continued to build more housing instead of investing in stores for people to shop. The crime is worse downtown. People have been as--ulted and shot in broad daylight. The whole downtown smells like mari--ana and ur--e. It is an embarrassment of a city and I can’t believe that the NFL draft is coming here next year.

And my final comment… regardless of what company you work for, forcing employees to come downtown is not going to help the economy or boost our city because people are struggling with the money that they are making, and can’t afford to go out and eat every day or park every day. A lot more people are probably using public transportation. I know I couldn’t afford to pay $25 a day to park. In the summer when I would come into work, I used to walk downtown on my lunch but now I’m afraid to. I stay in the building during my lunch. Just off the top of my head I recall a man walking around downtown with a machete, and also a different man was as--ulting women and exposing himself. As a woman, men in leadership positions need to understand the fear that women have of getting as--ulted. Thankfully, this has not happened to me, but I know someone that this happened to downtown. She is traumatized.

If the mayor of the city is going to put pressure on local companies to bring their employees into work to boost the downtown economy, it is not going to work. We are not all millionaires that can afford to go out and eat every day and shop at Larimer‘s. They have removed all of the cheaper, eating places like McDonald’s, Wendy’s, Arby’s and others. To eat lunch at one of the restaurants downtown plan on dishing out at least $30 for a meal. We in the middle class do not make enough money to do that.

Please note these views are of my own opinion, and I am not speaking on behalf of anyone else, trying to represent a company or speaking on behalf of any particular company.


3 things for the CEO and SLT to be proud of

Annual sales declines of 2.6% for the past five years show its products and services struggled to connect with the market

Earnings per share decreased by more than the revenue over the last five years, showing each sale was less profitable

8× net-debt-to-EBITDA ratio shows it’s overleveraged and increases the probability of shareholder dilution if things turn unexpectedly

When do the Board declare no confidence in them ?


Did you know

I would like to bring to your attention concerns regarding leadership practices and workplace conduct that may require investigation. There appear to be patterns of behavior that could potentially expose the organization to significant legal and financial liability.

Specifically, there are allegations of:

  • Management practices that may not align with professional standards
  • Possible involvement of Human Resources in matters that warrant review
  • Concerns about workplace monitoring and external consultancy activities

If you have experienced similar concerns, I recommend documenting your experiences and considering whether to consult with colleagues or seek appropriate guidance through proper channels. Collective action through established procedures may be warranted to address these workplace issues and offer you better protection.

I encourage anyone affected to follow appropriate protocols for reporting workplace concerns through private legal counselling, private advocacy groups or governmental organizations. This includes refraining from contacting HR or using the whistleblower hotline. They will identify the most traumatic method to attribute responsibility back to you.

Over and out


Where is the transparency???

This is the weirdest layoff round I had to go through in my life, and I've been through more than a few. What the he-l is even happening? All we know is that some people are getting cut, but how many, where, when it will be done, or anything else is just wild guessing at this point. The. Fu-k.