Thread regarding U.S. Bank layoffs

Gunjan never learned this simple lesson

One thing I’ve noticed in the leadership is the constant comparison to companies doing something worse.

Employees raise concerns about losing remote work after years of proving it can be successful.

Response: “Other banks require five days. We’re only asking for three.”

Employees worry about office consolidations.

Response: “Other banks only have two or three hubs. We have twenty-two.”

Employees express concerns about outsourcing or layoffs.

Response: “Other banks outsource more.” Or “Other banks have bigger layoffs.”

But that’s a strange way to measure success.

If your defense for a decision is, “Someone else is doing something even more unpopular,” you’re not actually addressing the concern. You’re just choosing a different point on the same spectrum.

It’s the corporate version of, “Sure, I set your house on fire, but my neighbor burned down the whole block.”

Being less bad than someone else isn’t the same thing as being good. I’d rather hear the actual business case, the data, and the reasoning than be told I should feel grateful because another company made an even harsher decision.

Two wrongs don’t make a right. They just create two different versions of the same problem.

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Post ID: @OP+1kxfb7raa

8 replies (most recent on top)

I always thought of McKinsey and it's alum as a disease. It is to be exiled not embraced.

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Post ID: @da+1kxfb7raa

Gunjan is a talentless, brainless id--t who is nothing more than a pre-programmed McKenzie bot. No original ideas, just implement the typical failure of a McKenzie playbook and claim you made the organization "more efficient". Meanwhile, the business is being destroyed from the inside out. But she will suddenly move on to the "next challenge" at some point right before the failure becomes evident to the world, then claim she left things in good order so it must be failure of the next CEO. So then McKenzie drone consultants will be "engaged" again and the cycle will repeat. This is the PATHETIC "leadership" that gets paid 8-figure compensation in our world today. Absolutely shameful.

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Post ID: @d1+1kxfb7raa

She has no original ideas because she’s a copy and paste brainless robot. She lacks warmth and common sense.

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Post ID: @cz+1kxfb7raa

Mediocre person, mediocre leadership, mediocre results, if U.S. Bank had a nickel for ever bad manager plugged into a leadership role, the bank would be very, very rich.

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Post ID: @ck+1kxfb7raa

From Gunjan's public US Bank page:

"Previously, she was a partner at McKinsey & Co. and a core leader of its financial services practice. She began her career at PwC."

McKinsey is a toxic corporate consultation service company who recommends things like salary increases for all c-suite while laying off and cutting employee salaries and benefits to "save money" (all while making policy decisions that obvious negatively impact employees). Look into the manipulation McKinsey did with their Riker island consultation and how they handled violent criminals. It's a toxic company, with baseless toxic recommendations that companies leverage to use as the scape goat for getting "consultation" to make massively unpopular decisions. So as long as someone is doing something worse, in McKinsey's eyes, that's a green light and golden ticket to do w/e they want. And since our CEO was a partner at McKinsey, her "leadership" is to bring those toxic decisions here.

Why do you think when, on her first day here, after employees complained morale had been decimated, she claimed "no it's not, morale is actually high! YOu are wrong!" and the problem was instantly solved!! Bad leadership with no innovation. Copy and Paste the worst of other companies and claim "well we didn't make the decision, all we did was copy the industry standard." While the ship continues to sink and fill with water.

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Post ID: @cj+1kxfb7raa

@cd That's right, it is loser talk, that's the point. Imagine if we used that same logic when talking to customers and shareholders LOL. "Well, at least our stock didn't drop as much as our competitors."

How can we strive for excellence externally while settling for mediocre internally? Why would we accept decisions made without research or data when we're expected to do the opposite with our work? You can't separate employment from the job. It will always impact company performance in the end.

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Post ID: @cf+1kxfb7raa

I always use the analogy of “if I had to pick between being slapped in the face or punched in the face, I’ll choose the slap. But there is still no world that I would THANK the aggressor for slapping me in the face.”

Just because things COULD be worse, doesn’t mean we start praising our current grievances.

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Post ID: @b1+1kxfb7raa

100% agree, OP.

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Post ID: @aa+1kxfb7raa

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