I'm safe for now but I have very little information and am very concerned about these layoffs. Does anyone have any insights into the target groups? I'm also interested in how many people have been laid off so far?
Rumors of huge layoffs in tech
What’s going on?
Can AW & BG be 2 for 2 in destroying CS?
We in CS think AW & BG will be 2 for 2 in destroying corporate solutions. Looking back AW destroyed the testing org and just left while the hole was on fire and just walked over to CS. Moral is at an all time low, he just talks but no action, never... — read more
RNC 2024 comparison to annual meeting
Purposeful Presence Hopes are Dashed
For those that missed The Weekend this morning, our hopes of our new CTO being able to secure flexible working arrangements for ESD were brought down. DG only wanted people to be on-site if there were benefits to doing so, otherwise he preferred... — read more
What was the Answer to the question "Employee burnout seems to be ramping"? I couldn't join the week-end meeting
Revel in Tech proved once again today how divided the company has become. The divisive presentations promoting hatred, hostility, and personal agendas had nothing to do with technology or Northwestern Mutual business. The same subset of... — read more
Franklin vs Downtown
In a public memo from the Milwaukee Department of City Development dated 2/15/23, it was stated "The downtown option is more expensive than shifting a portion of Northwestern Mutual's workforce to the Franklin campus." If it isn't for cost savings... — read more
NM should take notice of recent bank failures
Successful businesses have one thing in common, a pure concentration on their core business and processes. Companies that spend a lot of time deciding on what towers to build, furniture to buy, or societal problems outside their core business usually... — read more
pay for performance
"we pay for performance" we often hear. is it true? merit pool of 2% equals of a 5% paycut at best, 6% for most this cycle once inflation is factored in. run the bonus pool out using company provided numbers and a high performer should expect... — read more
What is the point of ESS and how on earth is UV a VP
Seriously, it's been nearly a year since AW took another role and CJ took over (with one foot out the door). UV was interim VP (despite being here for just a few months and accomplishing nothing) and now actual VP for 6 months. In those 6 months... — read more
Disappearing Scholarship Fund
We now know where the funds that had been allocated for children's scholarships are being reallocated to when the program was abruptly ended recently. According to the MKE Business Journal "Under the agreement to receive city financing... — read more
How much more blatantly discriminatory can you be with a job posting like this "SR DIRECTOR FIELD DIVERSITY & INCLUSION - ADVANCING WOMEN" (Job Requisition: 37306) Save this posting for when the discrimination lawsuits begin. ... — read more
At a time when office spaces are being seen as more & more of a legacy of the past & staff continues to express a lack of interest and need for them NM is doubling down on them. That sounds about right...
The "Weak" End
Another half hour filled of 'weak' answers to important questions facing the department.
Any word on the AIP for 2022?
Was it posted anywhere?
Life is better after NM!!
It’s amazing how incompetent management is at NM! Especially in ICS. Been there over 4 years and kept doubting myself due my manager who only care about herself. Don’t let any senior leader in ICS bring you down or limit you! There’s really... — read more
Engineering and IT is FU---D here.
Its unfathomable how we manage to keep things to a point were they are stable enough to work. From the silo's and walls put up to keep us from working together to NM's deployment of Jira. Other companies such as SCJ and Fiserv seem to do it... — read more
marty the joker
can we have less of that guy? how many want to see what he does for a job? i cant imagine the amount of money his organization is wasting at the company - its huge and is stacked with nyc deadweight. your welcome policyowners.
Does NML offer severences for laid off / fired employees?
I need to get out of here. I'm sick of my toxic and incompetent manager. Trying to decide between just quitting on the spot, or stay and try to get fired/laid off. Does NML usually give severances to terminated employees? How long do you think it... — read more
Do you attend this meeting and what do you get out of it?
Layoffs in ICS and Innovation
Just heard mumblings and a saw a few weekend posts indicating that ICS and Innovation teams in the tech space are going to be disbanded or reduced significantly end of month. So what happened to CM and JS saying "There are no plans for mass layoffs... — read more
NM sl@v3 org chart
Anyone else look at the org chart and see a class model? Minorities at the SME lowest level, whites in the SD, VP, ELG, SLT? Really makes you wonder, are these ERG’s just a good will cover?
Cleaning out upper floors of the house
One by one I continue to watch long term NM leaders get pushed out the door. Several more VPs and SDs in the last couple months. It’s endless. All this cutting of talent that has been loyal to making NM great continues to shred up the tattered... — read more
Quiet quitting at NM stories!
I used to be a motivated employee at NM. Worked extra hours, completed tasks outside my job description, complete extra training both in person and online. What did it gets me? Sometimes a 1.0% raise? Maybe 1.5%? What a joke! I'd spend hours... — read more
Things have changed so much
I'm shocked at how quickly this place turned from a normal to a toxic environment. I used to enjoy my job and now I hate having to even think about work and having to deal with all the politics and general abuse dished out by management. I can't wait... — read more
Headwinds are JES New Buildings also get back into the office NOW!
I wonder if JES will mention at the next townhall the headwinds that NM has with the spend of 1.3 billon on new buildings in Milwaukee and NYC? It must be nice to build a statue to yourself in your home city with company money. Then you have tiny... — read more
Cuts this week
Are the rumors true?
PF has left the buildling
The last of the pharma bro trio has bit the dust.
Where is NM's CHRO on the topic of Burnout?
Where is NM's CHRO aka the silver fox? You would think that he would be out in front of this thing regarding burnout as its company wide or maybe I'm thinking as a leader and not an authoritarian like him. I guess he only comes out for talks about... — read more
Is Sangeetha able to make a statement without sharing her s-xist and racist views?
401k Match Thesis
The truth behind the 401k match has to do with greed more than financial performance. The topic was again avoided at the Employee Town Hall and for good reason. Per the IRS, the maximum match that can be made is $20,500 or $27,000 for those over... — read more
I have a short commute so this doesn’t affect me but it has certainly affected my perception of the company. I don’t understand why those even with 1-2 hours of a commute one way have the same return to campus requirements. It’s a reminder to me that... — read more
Layoff by Attrition In Progress
Was just told during a leadership huddle that the company is staring to tighten its belt with the technology budget and they are going to reduce staff. Contractors are going to be evaluated and those not seen as strong contributors are going to be... — read more
Anyone else concerned with NM’s “both sides” stance on ROE? Seems like their D&I initiatives were what I thought- plain and simple pandering.
ESD IS FREE!
Don't like the door hit you ER!
NM urgently needs a change
In fact, NM may need many changes. I'm sure I'm not the only one who thinks that this company is stuck in the distant past?
I used to be proud to be a small part of this company, but today I am ashamed to still be here. Have you noticed how people outside have a worsening opinion of NM? It's sad.
Do you think nm will ever reinstate the 401k match?
No need to have layoffs
I've stopped worrying about layoffs a while ago. So many people are leaving and preparing to leave that they're doing the ELT's cost-cutting job for them and better than they ever could with layoffs. After all, if somebody leaves on his or her own... — read more