Thread regarding Prudential layoffs

Any updates?

It's been so quiet lately...anything coming down the pike?

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Post ID: @OP+19JlPLgv

7 replies (most recent on top)

Anywhere else, the McKinsey plan has started. If I had to guess, a target of 15% to 20% reduction in headcount over a few years....That is their elevator speech to senior management with a fancy 100 page deck they show to all the clients. They just replace one company’s name with yours, and change a few things here s as bd there

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Post ID: @isen+19JlPLgv

A bunch of layoffs hit Global Technology 3/23. Not sure about any other groups.

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Post ID: @ipfm+19JlPLgv

That is a funny way of saying it

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Post ID: @csml+19JlPLgv

The bowl is full, they need to flush

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Post ID: @9czb+19JlPLgv

Transformation when consultants come in = large irrational layoffs to pump the bottom line so the Executives get big payouts for doing nothing

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Post ID: @5lpp+19JlPLgv

just waiting for the layoffs to start from the "tRanSForMAtiOn oFFIcE"

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Post ID: @3bgy+19JlPLgv

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