Thread regarding MetLife Inc. layoffs

SLT in Palm Springs

Planning the next phase of their purpose at employees expense. How’s that 1.5%?

And not 1 mention of all the reorganization and layoffs by CEO at his monthly infomercial broadcast.

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Post ID: @OP+1dvi3lFP

7 replies (most recent on top)

@9ejz+1dvi3lFP - Net earnings in 2020 were up 1%. So you're saying we should be happy with the 1.5% raises/lowered bonuses last year?

https://www.metlife.com/content/dam/metlifecom/us/homepage/about-us/newsroom/earnings-releases/Q4_2020_Earnings_News_Release.pdf

"Adjusted earnings, excluding total notable items, of $5.8 billion, compared to $5.7 billion for the full year 2019. On a per share basis, adjusted earnings, excluding total notable items, of $6.38, up 5 percent from $6.06 for the full year 2019."

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Post ID: @9dtq+1dvi3lFP

Re: raises and net earnings.

None of that matters. Raises will never be a tight correlation with earnings. Leadership doesn't care about that. They care that they pay you the minimum that will get you to stick around.

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Post ID: @9qsj+1dvi3lFP

Replying to the last post - "Get ready for the excuses on why raises are bad again: "

If net earnings are up why would raises be down?

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Post ID: @9ejz+1dvi3lFP

Get ready for the excuses on why raises are bad again: https://www.wsj.com/articles/at-metlife-life-insurance-claims-rise-for-younger-people-dying-from-covid-19-11635977198?mod=flipboard

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Post ID: @9wlz+1dvi3lFP

Should have used the technology people from UpYours, oh I mean UpWise.

Count the nervous ticks and his number of filler words: you know, ah, um, like you know.

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Post ID: @1xgz+1dvi3lFP

Judging by the number of nervous tics he was displaying trying to sugar coat the disastrous catalyst rollout in Claims, he might actually have an aneurysm on camera if he acknowledged how much of our workforce we've lost since Jan 2020.

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Post ID: @1nrm+1dvi3lFP

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