Thread regarding Envestnet Inc. layoffs

Mass Demotions Rolling Out

What’s everyone’s take on the demotions that are coming? We did have a bit of title inflation, but this project seems drastic. Some people are taking a huge hit to their title and external resume value.

I really think leadership is massively underestimating the morale impact of this project. Bain is demonstrating that they don’t understand our industry in doing this.


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Post ID: @OP+1ktvnmg3p

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Well I got demoted 1 level. Not happy about this. Pi---d off actually. That’s what I get for being loyal I guess.

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Post ID: @432+1ktvnmg3p

Anyone get their new title yet? How did it turn out? What is your AIP target?

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Post ID: @2ac+1ktvnmg3p

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