Thread regarding Bank of America layoffs

Poor performers

Why is it such a novel idea to terminate poor and low performers who are not meeting their goals? That seems like the easiest way to accomplish the downsizing goals? Most teams have people who are not performing up to a standard level? GET RID OF THEM! Leave the rest of us alone. It is a travesty how many mid-high level performers’ morale is at an all time low right now. This does not seem like a foreign concept to me! Get ‘em on a performance plan and manage them up or out! Problem solved.

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Post ID: @OP+1rg5sErU

13 replies (most recent on top)

The normal rules of the world need not apply at companies whom are too big to fail. Same applies to politics, the defense industry, ect. There's our world, and then the rest of the world. Two seperate realms entirely.

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Post ID: @4prt+1rg5sErU

If you identify individuals (con artists) in your team who exhibit the following behaviors, it would be wise to distance yourself from them:

  1. They lack most common skills.
  2. They are excessively talkative.
  3. They constantly interrupt others during meetings.
  4. They take your valuable inputs, contributions and present them as their own.
  5. They respond to emails using all distribution groups to get attention.
  6. They encroach on others’ responsibilities to complete their tasks.
  7. They always tell on others to management to get credit.
  8. They purposefully keep you out of meetings.
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Post ID: @4vwm+1rg5sErU

Right. And these are the caliber of employees that the bank is comfortable with elevating into leadership positions. And we all continue to suffer under these clowns and charlatans masquerading as leaders.

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Post ID: @3iuu+1rg5sErU

we also have con artists in our team who always step in to other toes to get the credit and level up, unfortunately so called senior leaders only recognize those folks.

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Post ID: @2gyq+1rg5sErU

Because top performers usually cheat, game the system, claim sales they didn't originate as their own, double book card spend, and get preferential sales territories. The top producers are oftentimes the biggest scammers. The rest of the team has to work 10x as hard to keep up with these con artists or play the same games. Level the playing field.

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Post ID: @2mdx+1rg5sErU

Pre pandemic we had a colleague who’d disappear for hours on end, came to work wearing casual dress and a baseball cap. Had well over 1,000 unread emails and his voicemail box was full.

After all that manager refused to put him on PIP because she was the one that hired him and felt it would make her look bad.

He finally went on LOA and we never saw him again.

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Post ID: @2lzw+1rg5sErU

I work in GT architecture team and we have a few people that stopped participating even before the pandemic. The only emails they manage to send are when they’re out of office next. They badge in and go back home. They add zero value to our team and are fully allocated to funded projects with zero contribution to it. It’s a joke that either our management’s hands are tied to let them go or they don’t care about the burden on the rest of our team when we have to pick up their deliverables and answer questions. It would be highly insulting to find out if they received more than zero increase or bonus.

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Post ID: @1zmu+1rg5sErU

@OP+1rg5sErU - because the cronies BTM (out of some ludicrous blind loyalty) chooses to surround himself with are such a bunch of INEPT, INSECURE, DIVA LOSERS that they can, in turn, only surround themselves in turn with Mediocre Senior Managers, or risk being found out to be the id--ts they truly are.

Better to keep the Ones Doing The Actual Work a few layers down.

Sad, but true.

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Post ID: @1vnd+1rg5sErU

Selective hiring is a real thing. If I need someone with a specific set of skills they will get hired before any reqs open up. Sometimes they’re needed for an initiative to move forward.

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Post ID: @1tzm+1rg5sErU

@jlo+1rg5sErU - "There is no 'Hiring Freeze'. We are engaged in 'Selective Hiring'."

(True HR quote. Can't make this stuff up)

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Post ID: @1mmq+1rg5sErU

This bank promotes low performers and brainless mutherfockas. There are so many leaders in this company that don't know their azz from a hole in the wall. If you are a good performer and smart they will not promote you because you are a threat to them .

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Post ID: @1ktx+1rg5sErU

Hiring freeze definitely has something to do with it. If you know you're not going to be allowed to replace someone, you're going to keep them - even if a poor/low performer - under the mindset of "something is better than nothing".

This bank never fails to find ways to shoot itself in the foot

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Post ID: @jlo+1rg5sErU

Agree. With no threat of layoffs, some are happy to stay and due the minimum. I suspect the hiring freeze is the reason managers don’t get rid of those poor performers.

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Post ID: @zlv+1rg5sErU

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