Thread regarding Moody's Corp. layoffs

Irreparable damage

I still don't understand why some of the best performers were cut. Is there any explanation for that? Apart from the fact that it is demotivating for those who are still here, I think that letting those people go is an irreparable loss for this company.

by
| 1983 views | | 1 reply (December 26, 2022)
Post ID: @OP+1knn2j1c

1 reply

How do you measure "best performers"? Do you have insight into your group's budget? Can their productivity minus their costs (including all benefits, red tape, accounting and payroll time, tools and time spent on your happy posterior, etc) a net positive?

The lesson you should take away is that effort ≠ results. Results are results. If you don't toot your ho-n, no one will know you've done anything. As far as everyone's concerned, you spend 8+ hours a day sitting on your -ss doing who knows what, and this goes triply so if you're remote in your PJs. Are you a team player? Does your presence act as a force multiplier for others? Optimism is certainly a force multiplier and motivates others. Pessimism and gloom are demotivating. These attitudes spread like a virus. These are well established phenomena.

How does your work translate to company sales, reducing costs, and operating income? If you can't draw a straight line from your work to the bottom line, you're overhead unless decision-makers know better.

Moody's like any large company has plenty of turnover, and it's not as if any single person leaving has sunk the ship. The infrastructure is there, the processes are there, and if any single person is irreplaceable or an "irreparable loss", up to and including the CEO, people are doing things wrong.

Do you have a roof over your head, food to eat, clothing to wear, and clean water to drink? Do you have missiles landing somewhere near by or worry about getting shot up by enemy soldiers? Maybe you aspire to having such luxuries as electricity and Internet. So many are highly motivated to have this kind of dream lifestyle. For people with inherently dissatisfied attitudes, nothing is ever good enough, because others have more. For others, a low number of casualties in the vicinity and living to see another morning means it was a fantastic day.

by
|
Post ID: @icp+1knn2j1c

Post a reply

: