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New AVP and Layoffs?

Just found out that a Director who is known for being a bully to her team, not a good leader and hard to work with was just promoted to an AVP. They are promoting the wrong people while laying off the ones who actually care and are servant leaders to the business.


Is Senior DT a real step in the technical path?

I saw a few of my colleagues today, and today specifically, get promoted to “Senior DT”. Wouldn’t the next natural step be Fellow? Is this a ridiculous attempt to make non-Senior DTs from questioning why they haven’t been promoted to Fellow? “We can’t promote you to Fellow so here’s an arbitrary next step so that you can see how we’re trying to prevent you from quitting. You’re still under appreciated but now we’re just lying to you.”

Kind of nonsense.


Stocks

My stocks are turning into ashes. What a bad decision it is in name of transition to AI and making employees as scape goats. I never received recognition, money, promotion, perks, hikes. All I was given was a little stock bonus over years. These stocks linger in lower 100's when META and other stock go beyond 500.
Useless management style going with adhoc decisions always. You layoff talented employees and work with ... .....
Stocks might come up but not employee morale. Its completely broken now. Even you stand up its going to take years to rebuild this. You build an empire in sky without a customer and without any money losing all your talented people.
If stock rises up again, I will sell immediately. All my years of blood shedding for this company has evaporated


New research paper helps make it all make sense.

Google this: "The Corporate Bullsh-t Receptivity Scale: Development, validation, and
associations with workplace outcomes" paper by Shane Littrell, PHD

Every consultant from McKinsey, every MC member and HR exec who talks that fake BS we hear every day, but somehow doesn't know how to ACTUALLY lead, turns out there's this paper that dives into it. Turns out the coworkers who love mission statements and call their boss 'transformational' score lowest on actual decision-making. The buzzword-fluent are running the building. All the terrible people get promoted to grades 20+ and hire their grades 17 to 19 because they like the way these people "talk". It's all in this paper.

People with an actual IQ, turns out, get promoted less.


Will Schwab ever become a meritocracy?

Do you think there will ever be a change to the current structure where promotion is based on who you know, and not on your performance and accomplishments?

Pretty ridiculous to see senior executives that do not have more than a bachelor's degree. If even that. No surprise that many at that level are lacking the intellectual capacity to lead efficiently.

Those people know that they will never get a comparable job anywhere else and will do anything to stay creating a cesspool of political games and backstabbing.


Help

Does any manager regret promotion someone capable but does not sit well with general team (70-80% of the team)?

Asking because everyone has been nice not to escalate things to HR historically but hearsay someone without ethics, morale, integrity is going to be promoted as a manager soon. We’re afraid of what’s to come because this person only manages up, spreads falsehood, rumours, manipulates by twisting words to different people privately. No doubt this person is capable and can do maybe 4-5 people’s work but the character is really dubious. Some teammates has actually left the team because of this one pax but current manager choose to ignore and continue promoting.


Q4 rug pull

Last year, MC and executive leadership pulled the rug out from under remote employees on extraordinary ratings and promotions: line and middle management got the news in late October, all employees in November. Only those classified as hybrid or on-site were eligible (which turned out to be largely a dud anyway), while remote staff were punished with a geo-code demotion that completely ignored cost of living. Hundreds, if not thousands, of employees who put in ten months of hard work were denied both monetary and career growth, severely degrading morale across the company.

Given that the CEO, MC, and execs are clearly pursuing a strategy of squeezing employees into voluntarily quitting (via the GCC build-out and other tactics), the question now is: has anyone heard anything about what's landing in Q4? Trying to avoid ... Fool me once, shame on you. Fool me twice...


The problem is deeper than layoffs or bad management

Qualcomm's whole culture is built on insular thinking. They hire people right out of school and those people never leave. So promotions happen based on seniority, not ability. Those in charge think the way we do things is the only way. And now they're making terrible decisions. No surprises there.


Is anybody else really tired of seeing the wrong people getting promoted?

The kiss-as--s, the sycophants, those with relatives and friends in high positions... Skill and experience need not apply. Wells Fargo was never the best place to work, but it was certainly better when we had some chance of progressing our career based on merit. We're nothing but a joke now.


downfall - U Haul

https://www.reddit.com/r/accenture/comments/1ua0hce/accentures_well_deserved_downfall/

Accenture's well deserved downfall
Accenture’s stock just dropped about 18% in a single day, wiping out a good chunk of many employees’ ESOPs, including mine. Honestly, having worked there for 3 years, I'm not surprised.

The biggest issue I saw was the culture and incentives. MDs and client leads were rewarded for selling deals, not for delivering them. Secure the deal, hit the sales target, collect the bonus, then hand the mess over to the delivery team and move on. It didn’t seem to matter whether the right skills, resources, or realistic timelines existed. The answer was usually “Deal with it.”

When a system rewards revenue at all costs, you end up promoting people who care more about money than people. Delivery quality suffers, teams burn out, and the best talent leaves.

What makes it worse is that Accenture spent billions buying back its own shares (around $4.6B in FY2025 alone) while many employees sat through years of weak bonuses, delayed promotions, and increasing pressure during the years of worsening inflation. During this time, some of the smartest people I worked with left for Big 4s, boutiques, and industry roles. And when they leave, they don’t just take their skills - they take relationships, credibility, and networks with them.

I just hope some level-headed people on the board or in senior leadership recognize these cracks and do something about them. The company still has plenty of great people and decades of experience. It would be such a shame if such a massive organization falls in the end.


I keep hearing that advancement opportunities are available

I'm just not seeing much evidence of it in practice. Most internal openings seem to follow a predictable path. Everyone goes through the application process, interviews happen, and then somehow the outcome is exactly what people predicted on day one. After seeing it happen enough times, most people stop bothering.


IT LT+1

It goes without saying that LC has lost the whole function. Only 10% of the 150 or so people responded to his survey. Hardly anybody shows up to his in person townhalls so they’re just all virtual.

I just browsed around that list and also noticed that CS is now a GM for his EPMO work. It’s truly amazing the level of talent that has completely fell off the cliff. There are so many new GM and directors now, while the worker bees are shipped off to ENGINE and MSSC. There’s nobody to manage here.

If I compare the days of ITSD (JG RIP, RS, the lady LC) - the knowledge of actual IT versus who we have in KG for ITOF is night and day. We have decided to overpay incompetent IT people while pushing out people who actually knew technology.

And don’t get me started on platform GMs. SB as a subsurface GM was certainly not on anybody’s bingo card.

Just burn it all down.


I’m learning that work isn’t just about work

I used to think that if I kept my head down and did solid work, that’d be enough to move forward. After a few years here, I’m not so sure. The people getting promoted aren’t always the most capable, but they’re usually the ones who know exactly who to compliment and when to be visible.

I’ve never been comfortable pretending to admire every decision from leadership or joining every little workplace circle. I’m polite, I help my team, and I meet my goals, but that doesn’t seem to stand out much.

It’s made me rethink how success works in some orgs. Skill matters, but being liked by the right people can matter even more. I don’t want to become fake just to get ahead, but I’m starting to see why some people do.


SM. Be careful of what you are getting yourself into

I was promoted to SM after completing the “high potential” program.

The reality of being a store manager is you get blamed for everything. You are the scapegoat.

A year into it, I began questioning if my paces were being manipulated, almost like a dangling carrot that I could never reach.

I was placed on an action plan. Taken off the action plan, then placed on an action plan again.

My store team was dismantled by budget cuts

Managers quit, associates quit, manager layoffs, restructuring, titles and duties changed

My hours were drastically cut

Deferred maintenance began happening

I said my happiness is worth more than stress and misery. I have notice, and obtained a job which actually has a work life balance.


Summary of The Oracle Doormat Principle reported by AI

The Oracle Doormat Principle is a term coined by former employees to describe a psychological state where individuals remain loyal to Oracle Corporation despite experiencing mistreatment, toxic work environments, or career stagnation.

Definition: It is likened to Stockholm Syndrome, where employees become emotionally attached to an organization that has abused them, often internalizing the company culture as a "family."
Causes: The principle suggests that prolonged exposure leads to low self-esteem, fear of change, and a paralysis to act in one's best interest, causing workers to accept pay cuts, benefit reductions, and abusive management without protest.
Criticism: Critics argue this behavior stems from low self-worth and prevents personal career growth, with some advising that if a work environment is bad, it rarely improves and employees should leave as soon as possible.
Context: The term gained traction on layoff discussion forums, often appearing alongside complaints about dry promotions (more workload for no financial upgrade) and perceived corporate cultures of fear.


Clues that the layoffs were coming

Let’s talk about what happened in May. I was in the layoff group and I’ll tell you my clues specifically in wealth that I picked up on that warned me ahead of time. Granted I wanted to be laid off so I could leave with severance.

  1. Wealth head’s cryptic email and the news that never came even after months.
  2. Promotions and salary increase freezes because of the pending news
  3. Managers, directors, and VP’s were literally all clueless and left in the dark about any news and left to fend for themselves with questions and comments from associates.
  4. Rumors circulating about the increased number of days in office. VP’s receiving strong messaging to make sure their associates were adhering to connect week policies.
  5. Managers acted like everything was going to be okay and everyone’s narratives were all mixed and based on rumors
  6. Contracts were not renewed for a very large group of contractors
  7. Inner rumblings of turf wars happening between groups within wealth
  8. Wealth head and Abby were radio silent to the broader group of the org
  9. Heavy focus on how AI can ‘help’ associates lighten their load
  10. all hands meetings, syncs, and broad group meetings were out of nowhere canceled stating it would be rescheduled later.
  11. Meeting invite from my manager popped up late evening when we already had a scheduled 1-1 later that week.

Top Heavy & Toxic - Right?

Most every day, right, there's either a Sr Dir or AD role po$ted. RARELY do you see T3 - T5 postings in either Dig Product or Tech, right? Very few opportunies for promotions, right? I do reckon this company (right) doesn't have its priorities straight. The company should be hiring more of the people who are stressing in the trenches while trying to GSD in such a chaotic/'everything is the the top priority', so do it all' environment. It's becoming quite toxic and unsustainable. But...food truck day....right? Ain't it funny how so many people feel the need to include the word 'right' in every sentence? Or is it just me?


Promotions are dead in the US...

I dare anyone to go look for a promotion opportunity on ODW that is within you realm of knowledge/role (the next IC level) and, I'd bet money there are plenty of open positions in other countries... Just not here in the US.

In my org last year, of the 800 or so employees, 99% of promotions were overseas - India, Ireland, Slovakia, Mexico, etc... and maybe 5 in the US. I'd say I'm baffled as to why but I'm not. A single promotion in the US can be used to promote 2 or 3 people in another country for 1/4th of the cost. Which is BS.

They are too cheap to promote the REAL employees simply because they choose to cheap out and NOT promote US employees. HQ is literally in the US and I'd bet very very few of them have been promoted in the last 6-8 years.

What's hilarious is that they act as if being remote is a "disadvantage" because you aren't illegable for promotion or internal movement. Yeah... well, apparently NOBODY else is either if you are in the US.

They take open positions/backfills and literally repurpose them for cheaper countries.


How long do you have to be in your current position before you can apply internally again?

Been with the company for 5 year, first 4 1/2 years in the same role. Applied internally for another role and got the job 6 months ago. I see another role that I think is a better fit for me, am I allowed to apply or do I need to stay longer at my current role?