Thread regarding Northwestern Mutual layoffs

Culture Change

I was on the downtown NM campus yesterday. Far fewer people with grey hair as many have previously posted. I was taken aback by a women whose hair was half pink. But what really appalled me was that same woman wearing a midriff top. Really, I don't need to see the stomachs of women or men at work!
I still marvel that the Milwaukee Journal refuses to write anything but glowing articles about what NM is doing.

by
| 1328 views | |
Post ID: @11A195de

9 replies (most recent on top)

Just don’t agree with the inbred comment or the doubling down on layoffs. All the issues started when Schlifske thought layoffs, offshoring, and continuing to double down on that was going to some how help the company. Some of people who’ve managed to avoid the layoffs and have about 10 years in, know the systems and business, are now leaving for other job offers. The IT systems and the financial services business is complicated, and you need people with deep knowledge to help make everyone successful. Most of that knowledge is now lost. Prior to Schlifske, this was one of the best employers in Milwaukee and I really hope someone can get this company turned around.

by
|
Post ID: @11A195de-efnq

I don't understand some of the knocks on the cafeteria. Just because it is free doesn't mean it's bad. I've worked at another company that offered a free lunch and it was not as good. On the Franklin campus, yes, they cut staff but that just shifted more items to self-serve which I like because you can choose the portion size and keep the line moving faster since you don't have to ask someone for the items you want. Chef Dan there creates something unique there almost every day, and it is tasty. Downtown has two cafeterias which vary the food between the two each day, and while they're not churning out prime rib, they grill tasty vegetables, offer a giant salad and sandwich bar along with three soups, and various entrees. I figure that if I brown-bagged it, I'd spend at least $1,000 a year so that's another benefit from the company, and it's even more if you thrown in heading out into the busy downtown area to eat each day. I agree that the company is somewhat insular, but sending people out for lunch is not going to have them eating with titans of industry, and nothing stops someone from going out to lunch if they want. I think the company could do better to bring in outside speakers, though, rather than relying on its own leadership all the time for that.

by
|
Post ID: @11A195de-eemn

As a Baby Boomer age Director who worked at NM Milwaukee for 18 months before leaving, I have NEVER in my life see a culture that was so insular and in-bred. People actually relish eating in a company funded cafeteria each day....they don't go outdoors, they don't interact with others. It's like a prison. The place is a mess. A bunch of cheeseheads who rarely poke their head out the front door and wonder why NM is in steep decline while the world of financial services transforms and laps them time and time again. And the solution? Double down on a dinosaur permanent life insurance product and invest in a laborious planning tool that nobody under the age of 50 want to endure sitting down with an agent. The place desperately needs outside blood to take a flamethrower to things. And Schlifske needs to double down on laying off people and getting rid of the deadwood whose main priority each day is collecting a paycheck for doing nothing or being an obstructionist, and who pee in their pants with excitement on getting to each in the damned cafeteria each day.

by
|
Post ID: @11A195de-cdcb

The reason seemed to be that they were outdated. The plan was to add new benefit types that would be attractive to younger employees. What ticked people off was cutting support to the clubs without announcing what would replace them.

by
|
Post ID: @11A195de-bpvk

I don’t understand why NM cancelled all the clubs. Clubs do a better job of bringing people together from across the diversity spectrum.

by
|
Post ID: @11A195de-bejg

I was recently visiting the Franklin campus and someone mentioned the 2 cafeterias are supposed to be staffed with 30 people total, but their running both with 15 people. A friend describe the hot entrée as Mac & Cheese every day. Not sure about the downtown cafeteria. It seems that Schlifske and the board have only one vision and strategy. Cut expenses without regard for the damage to the company, FRs, or client. Then apparently they just funnel the savings to the id–tic venture capital fund where it’s wasted on projects or startups that will provide no ROI for anybody.

by
|
Post ID: @11A195de-7tix

Chances are your title is also "Senior Director", "Vice President", or "Product Manager" and you willingly eat the hummus and other garbage in the cafeteria because you actually like it and not because it is free. You also play one of the many games located around the campus or exercise in the gym most of the day to avoid having to do any real work.

by
|
Post ID: @11A195de-6bkj

and you play Pokemon Go on your iphone.

by
|
Post ID: @11A195de-5kje

If you're wearing a halter top to work, your hair is purple, your laptop is covered with stickers, you post and comment on Slack memes most of the day, you're wearing a rainbow lanyard, you're passionate about some ERG, and you preface everything with "digital," you might work for NM!

by
|
Post ID: @11A195de-5ndf

Post a reply

: