Marketing just cut ~100 jobs
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@5irs+1rDH8v7q I bet! I worked for an SVP and as soon as I saw the stuff that happened behind the scenes I started looking for another job elsewhere. I started an HR case that my boss’ boss tried covering up so I sent it all to the executive vice president and he flipped sh-t. Had no clue about anything I said and half of it was in the TTUS. SVP got fired and I quit lol
@2kxb+1rDH8v7q
I’ve got stories that would make your head spin. The amount of “perks” the executive levels get is insane, and the bleed over into personal life expenditures is deep but well hidden.
ohh the things I could say about the bank lol one thing I will say is executive vice presidents and above are CLUELESS as to what goes on below them when it comes to HR issues and TTUS results. Their directs highlight the good stuff and leave out the negatives. If you have a serious issue email it up the chain.
The bank’s marketing needs to make major changes. Everybody is sick of the apparent target demographic being nothing but urban hipsters and soccer moms
No Kelly anymore but Molly and her Minions - awful. The good ones ran.
Dumpster fire? You must have worked for Kelly and Molly? I’ve never seen a group so poorly run until I saw them in their roles. Employees became disposable because they don’t know how to engage people. Layoffs and threatening with plans were the way they kept the teams from being vocal.
In the meantime I’m being told that if you are traveling and it’s not overnight (might be a 12-14 hour day) the bank isn’t picking up your meals. What a crock!
I used to do expense reports for SVPs and VPs; $500 dinner for 3, rental cars (luxury of course) and Ubers on the same trip bc they got to drunk at dinner, first class flights. And our business area went over budget in 2023 lol surprise.
I have never seen such wasteful spending for travel as I have at this company. I truly never know where my manager is, but I do know that they are off spending lots of the company’s money on food, lodging and parties. Some of this travel might be essential for deals…but doesn’t appear to be the case at all to me or many of my team members.
Leadership is wasting more money since bank has to paid some commuters expenses with RTO. They could save a lot of job if it wasn’t for wasted money on buildings and travel expenses. But leadership ain’t so bright. Look at all the money they waste on consultants
Some digital teams were recently affected too (doc management). Not wide spread yet there, but watching closely.
Why isn’t leadership cutting back in travel, conferences, and other areas? Maybe jobs could be saved if leadership could get ahold of extra spending in various areas (I.e. sending many people to a conference, unnecessary travel expenses, etc). Reign in the wasteful spending across the org and save people’s jobs!
Step 1: Lay people off
Step 2: ???
Step 3: Profits!
It’s easy. For a Consultant from Mckinsey.
Didn’t Marketing have another big round of layoffs not that long ago?
Leadership will send out emails on how much they appreciate us next week during employee appreciation month.
Clueless leadership think that will quiet us after they decided on unorganized RTO and laying off our c0-workers. Clueless
what are all the higher ups doing in Vegas this week? Living it up while planning our layoffs eyeroll
New CMO is the old CMO from Wells
But hey -- next week is Employee Appreciation Week (if you are still here)...
40 cut in talent acquisition
This company’s leadership seems to be beyond clueless in terms of how to make effective changes. First, the shortsighted RTO announcement where they didn’t even know what the hubs would be or where we were supposed to go if we didn’t have assigned office space to “return” to. And now these massive reorgs and layoffs where they can’t even tell you what you’re responsible for in your new role or how you’re supposed to get this work done with out your friends and colleagues they just laid off when your whole department was already spread too thin.
Who is the new CMO?....they aren't telling us anything!!!!
Every area in marketing was impacted
Some people didn’t even know there was a new CMO until finding out that a huge chunk of their team was being laid off due to his reorg. It’s awful.
@1unx+1rDH8v7q What about mortgage? Specifically Owensboro group
Retail is next.
100 jobs?!?! What areas in marketing? What did the announcement say?
So Talent acquisition and now Marketing. What other departments are they planning to axe? Seeing other people getting axed doesn’t encourage me to RTO. I am going to WFH till they fire me. They are going to fire us whether we RTO or decide to not obey and WFH