And as expected they are useless. Legg promised we get exact dates when we have to be at new location and date of last day on payroll if rejected the move and this most important piece of information is missing. It is pathetic how this scam is handled.
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Hear today those in wave 2 who have been bumped to wave 3 also were given TW status and now only have to go into the office limited times per month. The process is neither fair or consistent and appears very targeted on who they want to keep and who they consider too old, dead weight or those with opinions. Remember HR only recommends, leadership proceeds as they desire.
“ Stankey doesn't care. This isn't about effectiveness, efficiency or productivity. This is all about cutting costs (getting rid of old people without a lawsuit) and control. They'll blame it on the team and cancel the project.”
Shingles doesn’t care either.
As per the chart that Legg shared during his town hall, showing the number of people impacted (see post below for a summary), the numbers are relatively small. I say that to ask the question, is this really necessary? Someone asked a question during a town hall to let the numbers dwindle by retirement and attrition. Legg said it would take years, he may have said 20. If the numbers were much higher, yes that may be true, but the number is 1400ish. I also ask, does moving 1400 people really improve efficiency, collaboration, culture and all the other reasons given for the relocations, especially when so many people will continue to interface with those located around the world. On a Sambar town hall in the fall, his number was 300 with more expected. Because nobody is as transparent with numbers as Legg, it is a mystery what the other org numbers are.
Looking at it from the numbers perspective it really makes less sense than it did originally.
"The catch-22 is that in some organizations, they can't afford to lose the older workers (and most of Gen X) since they are doing the lion's share of the work."
Woo hoo! Thanks for the Gen X shout out! Generally, i am here watching the boomers and the millenials duke it out... kind of entertaining actually! But. we have to get back to work to pay for the retirement of boomers and the laziness of millenials :-)
"The catch-22 is that in some organizations, they can't afford to lose the older workers (and most of Gen X) since they are doing the lion's share of the work. They took a couple older guys off a project, and the output of that project has tanked. Turned out they were doing more work than double the number of guys half their age."
Stankey doesn't care. This isn't about effectiveness, efficiency or productivity. This is all about cutting costs (getting rid of old people without a lawsuit) and control. They'll blame it on the team and cancel the project.
The Wave one chart that was shown during the Legg town-hall breaks down like this:
318 employees impacted
153 Accepted the move (48%):
37 "Move Completed"
80 "Move to be confirmed"
28 "Moving in 2024"
1 "Changed Org"
7 "Left Payroll"
165 declined (52%)
133 "Left Payroll"
29 "Leaving in 2024"
2 "Changed Org"
1 "Moved Completed"
When you boil this down, it isn't a 48% stay vs. 52% go split. As it stands today, 38 (12%) of 318 wave one folks have moved.
It will be interesting to see if the bulk of people who say they are moving will actually follow through, and if these ratios hold for wave two (approx 1200 folks) and three (approx 600 folks).
They have a rough outline of a plan that could and will change several times.
They have far more than that. There is a date for every wave 2 person. They just seem not to have communicated it. Nevertheless it is specified in a plan that has been reviewed and approved.
Legg showed some chart which basically showed about half of the people accepted a "move" in wave 1. However, the breakdown of the stats showed that many haven't actually moved yet.
So would not surprise me that his number is way off given a lot of people probably did the "I'll move response" knowing they won't move.
Many people with lower numbers of years can come out ahead by forfeiting a severance versus more days on the payroll.
If they don’t like it, leave! Especially if you are a Boomer.
The catch-22 is that in some organizations, they can't afford to lose the older workers (and most of Gen X) since they are doing the lion's share of the work. They took a couple older guys off a project, and the output of that project has tanked. Turned out they were doing more work than double the number of guys half their age.
"The combined take rate for waves 1 & 2 in the Business Marketing organization was just 7%."
Probably takes less than that 7% to do the work our marketing org is kicking out.
- “Legg expects 50% will accept the move. Did he saw the sample of Waive 2 letters? His minions must be good at keeping him detached from the reality or he is very naive.”
I think those numbers are probably skewed since TONS of people got virtual designation in wave 1.
Plus, how many of those people actually moved? Are those numbers just people who said they’d move? They know people can lie and just find another job and stay on payroll til someone notices or run the clock.
I highly doubt the cited 50% metric is actually correct.
The combined take rate for waves 1 & 2 in the Business Marketing organization was just 7%.
Did he saw the sample of Waive 2 letters
Do you english much bro?
Legg expects 50% will accept the move. Did he saw the sample of Waive 2 letters? His minions must be good at keeping him detached from the reality or he is very naive.
More like change, by the hour!
They have a rough outline of a plan that could and will change several times.
Intentional toxicity to induce voluntary separation.
If they don’t like it, leave! Especially if you are a Boomer. Stankey daily directive.
Don't forget the fine print - "Designations may be changed at any time."
"What is it with this company and their obsession with withholding information? It's as if they enjoy torturing people."
But we have a culture of transparency and open communication! Just ask the ones being vague and keeping secrets... they'll tell you.
What is it with this company and their obsession with withholding information? It's as if they enjoy torturing people.