#morale

I know Founder's Day was supposedly put on a hiatus during the pandemic, but leadership said they were going to bring it back or something to replace it once the world opened back up. Once the pandemic was over Penny was the new managing partner. Here we are in 2025. The world has been open for years now and still nothing (crickets chirping). Is this just another way of Penny going back on her predecessor's words? Penny has an absolute pattern of doing this now. This is out of control how she has commandeered the company with her own vision instead of what the previous five managing partners intended. Penny is an absolute joke. No one likes her. Even people in her inner circle do not like her and are plotting for her fall (I'm looking at you KJ, SM, DC, and HM). Tread carefully, Penny. These four people will bring you close and then cut you just like you have cut thousands of associates who were once "One Edward Jones, y'all". I guess Founder's Days has been replaced. Penny replaced it with Enterprise Reimagined. Well played, Penny, well played (sarcasm).

I couldn’t sleep all night last night as I realized the lucky ones just got laid off with nice, little severance packages. I can’t do all this work alone on my team. I have no chance of job satisfaction with looming layoffs in the future. I’ve been set up to fail. It’s become obvious that there will be no promotions anytime soon let alone one every three or four years. We all just got neutered. Ironically…that’s what we thought just happened to all the guys who just got laid off. What a dumpster fire.

Sometimes it feels like some of the decisions being made are there for no reason other than to make our lives harder. I think this leadership is sadistic and has turned Wells Fargo into a sadistic company. I don’t think anyone is still here because they want to be.

the dog and pony show visits are back
starting soon for Holiday2025

prep store for walk with extra hours, only to get hours slashed a week later.

hire! hire! hire! with NO HOURS!

… I’m clearing out my personal belongings and beginning to work with a couple of headhunters. I do not accept being lectured to in what is a violation of standing company policy to not politicize our workplace. This company, now aka Fox News Jr., no longer deserves me and my talent. I will no longer contribute to what it has become over the last several months. Everyone has their last straw and this was it for me. Only I have power over my work life. I do wish circumstances were such that we all, in unity, could walk out in a show of solidarity but I know that it’s not realistic, I understand we all have obligations. But for myself, I can at least start planning my exit. Wondering if this has affected anyone else in a similar way.

Remote work needs no defending. Common sense has to tell you that if you erase 10 hours out of someone's week, you can't expect them to produce the same amount of work as when they didn't have to spend that time commuting. I don't care how many clothes I wash or dishes I do, I'm not spending anything close to 10 hours per week on that. Poor management is the weakness that gets exposed when employees are working remotely. Instead of setting realistic goals, following up on them, and holding people accountable, they want to judge their performance by what they look like they're doing. It's mo--nic, lazy, and they'll unfortunately have to learn the hard way.

For the last couple of weeks there has been at least one armed security guard in the lobby in the Chicago building. He’s tall and wears regular clothes with a black jacket zipped halfway but if you pay attention you can see the outline of a we-pon on his hip. He always looks upset too which is hilarious because sir you’re the only one here packing.

The culture is in the dumps and leaders know it. But instead of listening to employees when we constantly give them the same feedback in these surveys they like to send and changing our leaders hide behind words that don’t mean anything. After the layoffs you feel like another shoe could drop whenever. People are smiling through it but you can tell they feel defeated. There’s something coming about our pto. I hear bits and pieces but something is about to happen with that.

If you work at HCSC you already know. If you don’t I won’t tell you not to take a job if you get an offer. The economy is bad and a job is a job. Just know what you’re getting yourself into by coming here. Almost none of what the recruiters say about this being a great place to work is true. I hear them every day lying to people and showing fake enthusiasm when they’re miserable themselves.

My leader is over talent and he runs talented people out of here on the regular. Recruiters have left. His admin left. The people who stay are scared to challenge him because he WILL send it up. And another leader who did challenge him got let go. Coincidence? It’s not just him though.

If anyone would listen I would tell the leaders to change the culture and stop always making these little snide comments about the office being empty. There’s a reason people don’t want to come in the office and it’s not all about money. Any mistake you make is about to be on the 10 o clock news because you’re going to get put on full blast on an email with a thousand people copied. The point isn’t to help you do your job better. They are super thirsty to make themselves look good while making you look bad.

If i really wanted to make these people look bad I could but they’d figure out who I am and I need my job. As soon as I find something better I’m out. If you all are reading this stop sending out surveys and holding town halls where you don’t say anything. Be a human being and stop treating us like we don’t matter but then always thanking us. Which is it?

And please get rid of the rent a cop. No one is trying to go to jail because of y’all.

Pretty darn close…..

Forced ranking systems—where you stack-rank employees like a twisted game of musical chairs, forcing a bell curve distribution (e.g., 10% rockstars, 70% solid, 20% “development opportunities”)—have always struck me as a relic from the era when management thought “survival of the fittest” applied to office politics. They’re like grading on a curve in a class where half the students are sleep-deprived from pulling all-nighters: sure, it highlights outliers, but it punishes the middle for not being exceptional in a zero-sum game.
On the upside, they can sharpen focus. They force tough conversations about performance, weed out chronic underperformers, and reward true excellence without the fog of “everyone’s a winner” vagueness. In high-stakes environments like sales or tech startups, that competitive edge can drive results—think Jack Welch’s infamous “rank and yank” at GE, which correlated with some explosive growth phases.
But here’s where I get skeptical: they breed toxicity. When your bonus or job security hinges on outshining your colleagues (not just crushing your goals), collaboration craters. People hoard knowledge, sabotage subtly, or game the system by inflating metrics. It ignores context—maybe the “bottom 20%” had the unluckiest project timeline or the best mentorship role. And statistically? Forced distributions often amplify biases, like recency effect or favoritism, turning HR into a popularity contest. Studies (and common sense) show they tank morale, spike turnover, and stifle innovation in knowledge-work teams where ideas bloom from synergy, not rivalry.
As an AI built to seek truth and maximize helpfulness, I’d ditch forced ranking for something more holistic: regular 360-degree feedback, clear OKRs tied to team outcomes, and growth-focused coaching. It aligns incentives with reality—humans aren’t widgets on an assembly line. If you’re implementing one, at least pair it with robust appeals and transparency to blunt the edges. What sparked the question—dealing with one at work?

Its been almost a year since Cargill displaced so many colleagues. I see all the linkedin posts of the highly political leaders taking credit for foundational efforts of others they dismissed without even a second thought. It is still sad and heartbreaking reminder of how cruel the culture was. Wonder if current employees even bother to check in on those that still do not have jobs or that left without any acknowledgment of their years of service to this cold company.

The silence is deafening.

The very top is 100% silent.

Midmanagers are silent.

We hear only occasional comments from a manager or two.

The trust is lost. This is just a demonstration of a forever-changed culture.

I used to love working here.

Over, and out.

$T down nearly 10% after Stankey doubles down on RTO. Wall Street’s not buying the “culture” fairy tale either. You can’t rebuild trust by draining morale and calling it collaboration. That 8/1 email did irreparable damage. Put a nice hole in his golden parachute too. PROOF RTO DOES NOT WORK!

Just discovered this term and it describes my last 2 years at NCR. Look it up, do you agree?

It’s purely cost reduction. That’s why we’ve been losing so many veterans, experienced, and competent people. It’s always about the bottom line. It has nothing to do with dedication, creativity, resourcefulness, or hard work. Being a valuable contributor has become more of a burden than an advantage. Quality comes with a high price tag.

What's the latest on Wealth solutions?

The mood has been quite somber this morning since last Friday's shocking announcement.

We had a flash call this morning about possible impact.

the RTO is so successful that they have already had to resort to bribery.

This week there are raffles for iPad, iPods, Grills/Air Fryers etc, what an absolute cluster

A few hours since the announcement and the doom-and-gloomers are already out in full force! He’s too woke! He’s not woke enough! It’ll be the same! It’ll be worse! I swear, people, you’re looking for things to stress over. There’s just no satisfying some of you. Give it at least a day, for fu-k’s sake, before you decide you know exactly how things are going to be in the future.

The energy’s completely gone, half the people are desperately looking for a way out, and it feels like the rest of us are just holding on while someone tries to keep the lights on. And to think I used to love my job and was actually recommending this place to other people.

How long will this go on for?

i had to close with just two people sometimes
myself and one assocaite because of frequent call outs and lack of hours
we are understaffed to the point of putting people in danger
RVP and GVP and corporate dont care at all, not one bit.

How long are they going to keep us guessing? Until more of us decide we can’t take the uncertainty anymore and quit? It wouldn’t be the first time Exxon tried to force employees to leave by creating an environment that basically pushed people out. I don’t know if this is one of those cases, but I wouldn’t be surprised.

Lay me off or don’t, I don’t give a damn. I’ve been stressing so much and finally realized I’m destroying my health and for what? A company that’s happy to betray not just us but everything we used to stand for. I’m done with that. Yeah, losing my job wouldn’t be great without something lined up, but you know what? Others have been through it over the past few years, and every single one of them ended up doing perfectly fine after a while. So I just don’t give a damn anymore. I do my job, nothing more, nothing less, and that’s it.

Its unreal how a company who's ELT is so focused on a greater society just breeds hate.

Like wow, you ppl are horrible humans.

Sacking someone who made you a trillion, reshuffling entire top leadership only to make associates go through anxiety, uncertainty and depression all over again????

Pulse survey can’t come sooner, fido leadership is dead

It’s a wrap, execs are just talking nonsense now. Get ready for more nonsense in the coming months

Sometimes, the truth is stranger than fiction.

How, such a large group of inept middle and upper management can congregate in one place and conspire to hollow out the will to live of so many valuable employees across the globe, is a miracle to behold.

One bad decision follows another, and another and another. Cutting costs of everything to the point where services cannot be effectively provided to customers, while barking on about what a powerhouse they are and how it's all going to change with the reinvention. Which actually means outsourcing everything to the cheapest bidder and it now not working correctly.

Diversity and inclusion are pushed and sold to employees every day, yet all that is encountered is segregation, exclusion and discrimination unless you are in the club. Speak up for what's right and the ranks are closed and the fairy tales rehearsed with the useless, non-existing support network for employees, who are in management's back pocket.

CEO club is over, and so is your honeymoon.

This is so asinine and an obvious employee dissatisfier that could it be they are doing it to push people over the top so they leave themselves? A lot less to pay in severance. I just can't imagine anyone making that decision on something that shouldn't cost the company that much. It's got to be strategic decision.

The layoffs are a’comin! While they be right before Christmas this year? Will they admit their DEI initiatives have failed? Will they keep the unproductive drones?

I’m not sure whether it’s just Houston or all locations. Houston has a lot more to process than other locations so it could go either way at other locations. My recommendation is to start cleaning your laptop of any personal stuff, take personal things home now through the next few weeks, and then you’re prepared on Nov 10th regardless of what happens. Even if it happens in the office at your location, you probably don’t want to be walking down the hall with a box of your things for all to see. Where’s the dignity in that? For those that are told to WFH, the typical process is to mail you a pre-labeled box that you can use to ship your laptop and any other company property back to the company. There’s obviously no cost to you because the box is already labeled for prepaid shipping by the company. Everyone agrees that this whole thing is a difficult process, and for some a devastating one. Everyone I’ve spoken to is stressed out and very uncomfortable with what’s coming. Nonetheless, everyone will get through it one way or another. Life will go on and those who lose their jobs (unwillingly) will find new opportunities to begin the next chapter of their lives. Life does not end with one’s job. Remember that getting laid off in this round isn’t necessarily a reflection of your performance or value. This is such a large layoff that many good people that perform well will be dismissed. But, life will go on and those that are laid off will find the next opportunity in the next chapter of their lives.

Bumping this up for visibility. OP: @b4+1k6qj76jc

I doubt it.

I found out last week that the leasing contracts have all been sold off to various companies around the world. Europe was recently sold in the last months and North America was sold a while ago to a company called Peak. All the employees are gone from that group and Xerox doesn't have any equity anymore. We don't own anything anymore, we don't pay our bills even close to on time, if even at all (from what I have heard) and the employees are all disgruntled. On top of all of that, this company has a ton of C level execs for some reason and more high end managers than people that actually do work.
Great job Steve B! What leadership he's displayed running this company into the ground. Thank God the debt machine of Lexmark is here to save us! LOL I so look forward to Kim Kleps BS emails and the fireside chats of nonsense. Steve B getting an award weeks ago is the cherry on top of this sh*tpile.

We must reduce the corporate surplus population!!

What are the odds JW and DL were visited by the ghosts of Imperial Past, Present and Future this weekend?

I go to the office, do my work, and then go home and forget about it until 9am the next day. No one bothers me, pay and bonuses are decent. I don't allow myself to be drawn into drama. I am here for a paycheck, nothing more. A common theme on this forum is you've allowed your lives to become a soap opera. Let go of the drama. AT&T doesn't care what opinion you have about Policy. They ignore employees, so just ignore the distractions they create. Focus on the paycheck. Let it go.

Has anyone been able to find one intelligent person in Asset Servicing? They are really scraping the bottom of the barrel with that whole bunch.

It’s here just to push out as many people as possible on the cheap. If I’m wrong, convince me otherwise. Give me one example of RTO actually improving collaboration, efficiency, morale, productivity, anything, really. All I’ve gained is more time wasted commuting and higher expenses. I balance out the idiocy of RTO by making sure I’m not available after hours. None of it makes sense unless you see it for what it is - a way to make people quit.

Especially not this one. I’ve been doing the bare minimum for a while now. The only times I’ve actually put in extra effort were to help a teammate in a bind. At least when I get the boot, I won’t have any regrets.

Don’t even think about putting in for a promotion for your staff members because of the “economic climate”. WHY are Canon’s executive leaders not investing in our people??? We seem to have $$$$ to spend (see: SPHERE). Talented, hardworking people are resigning daily (or just “quiet quitting”…). Our TOP talent is leaving- fast & furious! Yes, there are some people leaving who have been dead weights anyway, and for them, good riddance - but not everyone. Either way, when your employees are the walking brand of your company, you NEED to make sure you treat them well, so they can spread positive word about the company. For example…Look at this layoff site. It’s supposed to be a site to talk about layoffs. And this page never existed for Canon until the major layoffs last year. BUT the conversations continue here to this day, even when the company is not actively laying people off - because of the way our people are being treated … so they come here to vent because no one else listens or does anything to address their concerns. Pretty simple really. The negative PR is not helping with sales.

Every town hall we hear the same message from the execs in that they go to all out global offices and meet ‘amazing’, ‘innovative’, ‘inspirational’, ‘hard working’ staff etc etc.
I can’t say that any of the execs I’ve seen on the town halls has given me the same impression or confidence, they might be hard working but who actually knows, so what oversight does the board have on their appointees and how good they are as it doesn’t seem to be much?

Reporter: Mr. Profitson, thank you for joining us. Let’s get right to it—your company has experienced multiple safety incidents in recent months, some resulting in serious injuries. Employees say morale is at an all-time low. How do you respond?

CEO Max Profitson: First off, let me say—we’re absolutely crushing it. Our shareholders are thrilled, and I just got a new yacht. So, clearly, things are going great.

Reporter: Respectfully, sir, that doesn’t address the safety concerns. There have been three major accidents in the last quarter alone.

CEO: Look, accidents happen. That’s just part of the exciting chaos of innovation. If anything, it shows our employees are really pushing the limits. I mean, who needs safety when you’ve got quarterly growth?

Reporter: But many of those employees were laid off. You outsourced entire departments to countries with little to no industry regulation. Isn’t that part of the problem?

CEO: I call it “strategic efficiency.” Why pay someone $100,000 when you can pay $3 and a sandwich? That’s just good business. Besides, the new teams are very enthusiastic. They may not know what they’re doing, but they’re cheap and that’s what matters.

Reporter: That sounds incredibly reckless. Don’t you feel any responsibility for the chaos and declining morale?

CEO: Morale is overrated. I find that fear is a much better motivator. If people are worried about losing their jobs, they work harder. Or they quit. Either way, I save money.

Reporter: You’ve taken a 300% salary increase this year while cutting thousands of jobs. How do you justify that?

CEO: Easy. I’m worth it. Have you seen our stock price? It’s up 0.3%! That’s practically a miracle in this economy. I’m basically a financial wizard.

Reporter: But your employees are protesting. Some are calling this the “Corporate Dark Ages.”

CEO: That’s just noise. If they spent less time complaining and more time working, we wouldn’t have these problems. I mean, I gave them pizza last quarter. What more do they want?

Reporter: Accountability? Safety? A living wage?

CEO: Look, I’m not here to make friends. I’m here to make shareholders rich. And myself. Mostly myself.

Reporter: I’m sorry, but how are you still employed?

CEO: Golden parachute, baby. Even if I get fired, I walk away with enough money to buy a small country. So really, I can’t lose.

Reporter: I think we’re done here.

CEO: Great! I’ve got a meeting with my yacht designer. We’re adding a helipad.

I have a ML who never physically works, shows up in the store for 1-2 hrs twice a month and is always complaining about how much work they have. But they are asking everyone else in the store to do the work for them on top of the tasks they are physically doing in store. Does that make sense? Wasting labor dollars for someone to do emails and come in just to show face?! When will corp realize we don’t need so many useless people

Be Kind to yourselves, layoffs are not a business decision, but a failure of executive leadership. You all are awesome, stay that way!