If the market makes a turn soon, do you think there will be Prudential layoffs? Any chatter, news or rumors?
Not over yet, more to come
New NJ warn notice Additional 145 Prudential layoffs scheduled: 04/15/24 through 06/28/24 , 07/2/24, 07/31/24, 09/01/24, 09/30/24
More cuts today
Knew some individuals in marketing got let go today. Any other departments affected?
Assurance Closing
Hi Folks, If you were effected by the layoffs Chapter Medicare is hiring: https://boards.greenhouse.io/chapter/jobs/4415015005
Looks like layoffs are over
Is there a way to know how many were affected this week?
Impact of the transformation on data breaches.
There’s been two recent data breaches (May 2023 and a few days ago). All that transformation, right sizing, relying more and more on third party vendors based in India & Philippines, laying off key experienced staff. I would wonder if all this has... — read more
Prudential Layoffs 2024
If the economy turns around, do you anticipate any Prudential layoffs? Any chatter, news or rumors?
Q1 Layoffs?
What are people hearing about the timing for layoffs in Q1? Or any other details?
Retirement strategies meeting
Well done to the real OG who asked Dylan on Monday whether Prudential should have an independent Chairman of the board. Investors and street analysts ought to be pushing these questions to the Board and Management. “Change” keeps taking place…..but... — read more
Was GT not affected by market competitiveness?
Just curious...Does anyone know whether GT was affected by market competitiveness-or-why they wouldn't be? It's a pretty top heavy organization but I haven't heard of many changes. The other corporate groups definitely took a beating from what I can... — read more
Every. Single. Year.
How many more are they going to lay off this time? Pru is already notorious at layoffs every year! I can't believe Pru announced their plan to lay off 24-30% of the senior management! This is absolutely insane! I'm pretty confident they will... — read more
All Hands (Marketing)
If friends here have other all hands info please share. Here are 4 key points: MOST marketers are moving closer to the business Global CMO, and U.S. CMO role no longer needed More info from Head of USB on Monday Effective Jan 15 — read more
Culture
The culture has become so incredibly toxic the last few years and it somehow continues to only get worse. People are overworked, stressed, and no one wants to help anyone (partly because no one has capacity, and partly because of petty infighting and... — read more
How many are affected???
Anyone have an idea on how many people are affected. I am hearing about very few in GT and Marketing were impacted. 243 across the enterprise with more impacts to be communicated in January.
McKinsey effectively run the company now
They only answer to the majority shareholders... All these transformations don’t seem to have helped the share price though...
Market Competitiveness
Any idea on what’s going on this this? It’s been several months since we’ve heard anything about it, and they said by the end of summer we should hear something…
Layoffs are coming
Next round of “transformations” are about to occur without outing myself it is safe to say that all positions are up for elimination. Time to look for new work.
NJ Warn List for Newark
Just saw Prudential on NJ Warn list this morning. 46 employees for layoffs this fall
Found on Charles Schwab Layoff Forum
Found this on their forum. Probably similar to Prudential process… Director, I have laid off more than I want to remember over these past 10 years. Here is how the process works. You will receive a meeting invite from either your Director or MD... — read more
Prudential Layoffs 2023
How likely is that there will be Prudential layoffs? Any chatter, news or rumors?
Just a rumor - Layoffs / Reorgs in GTO
Just a rumor but I am hearing that some layoffs and significant re-org may be coming in GTO. FWIW
Any cut this year?
The year end is here, does anyone hear layoff/cost reduction in your group?
The biggest reasons for an unhealthy atmosphere
Why is there such negative energy in this place? Why can't the atmosphere be less toxic? I will quit because health is priceless.
Every day is stressful
The biggest cause of stress here: management. They are also the main reason why the most knowledgeable and capable employees are leaving this place. I have never worked in a company that has such bad managers as we do here. You?
Should we be worried about layoffs?
Rumors seem to be starting up again...
How are you doing?
I work in Global Technology and whenever I asked someone how they are doing I get a defeated, "ah, ya know" or "hanging in there" or half-hearted "good". It didn't used to be like this, most people I interacted with used to be enthusiastic and happy... — read more
Annual raises/cost of living raises
What are typical annual raises like? Do you ever get zero raise? Thank you.
Work from home
Is this a good company for WFH jobs? Are the annual bonuses good? Do you get annual raises? If so what percent on average? Thank you in advance.
Annual bonuses
How likely are you to get your 10% annual bonus when working entry level positions? Is it more like 2-5%?
Toxic company culture
I'm not sure how it happened, but the once great company culture has morphed into a toxic mess that everybody is looking to escape. I hate to see what Prudential has turned into because I used to truly enjoy my work and now I dread it. I'd like to... — read more
Vision & Strategy Quarterly Update
Leave your thoughts on the latest quarterly update.
Closing Offices
Has anyone heard if we are closing any offices?
What was hit this week?
There's talk about layoffs in technology this week, is this true? How many were affected?
Layoffs are the least of my worries
I'll land on my feet if I'm laid off. I'm much more worried about them deciding that severance is too much of an expense and instead of laying us off, they start finding reasons to fire us. I know many will call me paranoid and they might be true... — read more
I'm tired
I'm tired because I have to deal with a total lack of recognition or respect for my performance every single day. I'm tired of having to fight to have anything I have done recognized as being done by me. I'm tired of others taking credit for my work... — read more
Our entire team was gutted within 18 months
The rest of us are planning to leave because they keep expecting us to pick up their work and continue like it's a normal thing. Not only that isn't physically possible, but none of us are insane to let them keep increasing our workload that was... — read more
Other options
I can say with certainty that most of us are here only because it is difficult to find another option. It’s easy to get an offer that’s no better than the job I have here, but it’s not easy to find something better. I'd like to leave before I get... — read more
Is PRU moving out of Hartford, or just downsizing?
Now that the retirment business is going. Will the Hartford location remain? Or, will the staff be down sized?