Is there gonna be a March layoff?
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Here they come again. These pranksters have a strange sad hobby of scaring people.
Well our January layoff failed to materialize. Our February layoff didn’t happen. Why would we expect a March layoff?
Thanks to all of the anti-RTO refuseniks for choosing to be fired, it certainly solved our layoff worries in a big way.
Yes I understand the whole RTO nonsense but that doesn't refer to me. My office was closed and we were told that our department was no longer going to be based in the US. So there will still be layoffs. There are a million of crazy stupid things going on at this bank right now. It is a serious sh*t show.
“Refuseniks who self select to quit“
“Well, I know for a fact as a witness hat there was no February 5th”
——-
What is a Refuseniks & what’s a witness hat?
People…. There are not going to be any layoffs until we run out of RTO Refuseniks who self select to quit by failing to honor their contract? Why in the world would the Bank layoff with severance when they can fire a person with cause for free?
Well, I know for a fact as a witness hat there was no February 5th or any February layoffs. Why would there be a March layoff?
Just try to think through this logically…
Why would the Bank lay off productive employees and pay them SUB when anti-RTO warriors are failing to show up for work and are getting displaced for cause with no package?
All productive employees should be very happy with Robin’s approach.
March 11 theres a series of layoffs happening for Based at Home employees from the Central NY locations that have been closed. Others on the team will not be touched.
If you want to fire the "slackers", start with the top. Begin with Robin and work your way down the senior management chain of command!
Not sure if anyone on this chat has considered people in technology who work round the clock. Evening work, weekend changes. RTO does not help us. It makes work life balance worse and trust me if you don’t do your work in our area, it will be noticed right away.
I got back to the same comment I always use: solution is never a one size fits all.
As it turns out, after a few hours at work daydreaming, chit chatting and coffee runs get get boring and employees eventually hunker down and work a little.
That didn’t happen over the WFH era.
Chock up one for Robin.
No, there won’t be a March layoff.
However, there will be March terminations for cause for those who have been no compliant with RTO. these will be firing for cause, i.e., no SUB, no severance, no package.
In other words, we are an at will company. You can quit anytime you like and the Bank can fire you anytime they like. The Bank of course would prefer to keep everyone, but not everybody who works here honors their obligations.
There has been a lot of big talk here about taking back the Bank and resisting RTO. Hope that people are only blowing smoke. I lost a job once in a period of great financial stress with no financial safety net. I wouldn’t ever want to go through that again as many of you appear to be attempting to do.
I guarantee that you will reevaluate everything and come out changed.
Terminating these outed and proven slackers for cause cannot come soon enough.
I was a lead proponent of WFH and made that point to McGuinn and Cahouet. Wow, was I ever wrong.
@2pgu, in-office attendance is a pretty naïve way to measure productivity.
Ordinarily I would agree with you, but the fact is that our home based slackers could not be trusted to be adults. Todd spoiled us and sadly many of our adults turned out to be children.
Don’t believe it?
Read through the last few years of people bragging about not working. That’s employee theft of time and money and the bad apples spoiled the basket. I’m embarrassed to be associated with this once great Bank.
I really hope that Robin can bring us back to greatness.
@2pgu, in-office attendance is a pretty naïve way to measure productivity.
Thank God that Robin finally has a full understanding of the slacker issue and precisely who should be terminated. It’s been a two year plus nightmare but it really looks like he has finally got a read on productive people and our nonproductive people.
Maybe we will once again be proud of the Bank.
I for one would just love to know what a “Crucial Service Director is. You simply cannot make this stuff up.
Every senior leader can be displaced and 1,000 employee jobs are saved.
There’s initiation of some firing in apac.
I’m seeing some crucial service directors being made redundant. Essentially they are halving the workforce and asking those who remain to pick up the slack.
I know from a very reliable source that yes, there will be March layoffs.
No, we’ve been in a post layoff era Bank now for about 3 years.
This doesn’t mean that we won’t displace… we will. We are going to terminate employees that fail to honor the return to office requirements. But it won’t be a layoff, it will be a termination for cause.
Termination for cause will be a pure displacement. There will be no SUB or Severance. The thinking is that they are willfully quitting their jobs, which honestly is exactly what they’re doing.
We’re already seeing that now.
yes, all the people that are red on the return to office metrics.