There are plenty of employees who would willingly leave if provided with severance. All of them would not mind leaving one bit and would be happy that they are providing somebody else with an opportunity to stay at work. So why don't they offer voluntary layoffs before involuntary ones?
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It says a lot about the company to use these tactics to cut staff. The distrust is high, and rightfully so. No negotiations, just tactics to get rid of people.
What I do know is that this will backfire on them.
I'm hoping I get laid off, and have told my manager as much
Because the wrong bank employees will take that and jump, leaving Wayne chin deep in sh!t creek with his mouth wide open. I’m a bank employee, I’d gladly take my $84k lump sum and go work at the Starbucks in the mall that is hiring full time at $23 hourly.
What isn't fair are these bank people getting whole year severances and only investing a few months of time in the company. I've been here 11 years. Where's my piece of the pie?
I’ve decided im “overly invested” in the company as an employee ! I’m sure wayne can do my job and keep his bu-t in the seat and collaborate with my team
Severance packages cost money. Isn't it far easier to convince you to leave voluntarily?
It is all about the money.
A high level person in the FIU compliance team moved to another team at the begginning of the year to help them get up to speed then got laid off. Sketchy a-s company!
The company is not strategic: the monthly rhythm of Pulse is far too frequent; the meaningful conversations are not frequent enough.
Pulse is a fig leaf - “Look at us, we care enough to ask our teams monthly how they’re feeling”, meanwhile managers don’t really manage in an empathetic 1:1 manner.
Face it - it’s lost and we have become a numbers company!!
The layoffs make sense if you assume that the goal is to get rid of dedicates hard-working people.
GREAT question. I was really hoping for that. Instead I'm being gas lighted out the damned door!