Thread regarding Prudential layoffs

What happened?

We used to have good leadership, how did that change so quickly? This is true for all levels. It feels like managers see us as a burden instead of employees they should get to know and promote good relations with. Nobody seems interested in talking to us, not to mention giving us some guidance when we need it. I'll ask again, what happened?

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Post ID: @OP+1bfLCyVq

5 replies (most recent on top)

Sounds like Prudential is following the AIG model….good luck with that…..get out while u can, unless u are just clinging on for a nice package

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Post ID: @Nxdr+1bfLCyVq

What happened? Easy, management brought in an infamous consulting firm to prop up their bonuses at the expense of employees. First sign of terrible leadership is they bring in one of these consultants. Then it all goes down hill

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Post ID: @Mekd+1bfLCyVq

The arrogant leaders in the northeast continue to do the leadership shuffle every year or two, trying to find something that sticks. Leaders aren’t in roles long enough to actually make changes so employees are constantly left not understanding the true direction of the business.

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Post ID: @olkr+1bfLCyVq

Company became 100% focused on cost-cutting. That put pressure on everyone, and now managers don't get training to be a manager. Instead, leaders are instructed that employees are a cost and liability. They are instructed to squeeze everything out of us until we are fed up and quit.

This company is going downhill fast.

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Post ID: @1vkj+1bfLCyVq

2018-2019ish - ALL senior leaders started leaving - I believe forced out. Company went into a whole different direction with a main focus on cutting all possible costs aka the workforce. No employees are happy there so the morale has went down the toilet. I think they are trying to eliminate middle managers also.

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Post ID: @nbo+1bfLCyVq

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