Thread regarding Western Union Co. layoffs

Downsize Denver and other offices, move work to India - HUH

WU has no cohesive or coherent strategy - especially with the IT systems and groups. The "WU Way" initiative is just fluffy BS we overpaid a consulting company for to say "lets make things better!" without any real substance.

So instead of being more efficient by creating better systems and processes, and hiring competent IT leadership - they are going with a cheap 15 year old strategy that most companies already figured out doesn't work.

The CEO and CIO/CTO/COO are nice, but incompetent, and both of them want to move back to the San Fran area when they are done with WU - so they want to expand the very expensive and overrated San Francisco office.

In order to afford that, they need to downsize Denver and other offices, as well as move other functions to cheaper India.

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Post ID: @OP+OP5zpVn

6 replies (most recent on top)

The “WU Way” is BS. If you have stupid execs, including Hikmet the CEO, no fluffy propaganda program is going to help. If a manager is clueless on how to manage a team, then WU Way huddle boards aren’t going to help. When the Execs have conflicting priorities and don’t effectively coordinate across the company and the globe, WU Way has NOT helped. It’s interesting to see the s—ups who play into that and promote it. The small group that manages WU Way are managers that have superficial experience but are AWESOME at fluffing up their CVs and being corporate cheerleaders.

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Post ID: @buixx+OP5zpVn

Makes no sense to sell land we own, with 2 buildings recently remodeled, to ONE building we LEASE in the DTC. Dumb move, even if they are selling to housing developers. Then again, money is wasted everywhere we turn. Sponsoring two professional sports teams while laying off hundreds? What a slap in the face to the employees. Parties in Denver with booze? Id rather have my job and a salary then parties or pretty colored walls with "modern" decor, thank you very much. The announcement of the move with so little detail was designed to kill morale, the more people who voluntarily leave = less severance to pay once they sell the company. Leaders are going to run with their golden parachutes and let the rest of sink. We are prepping for a sale, the writing is on the wall.....

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Post ID: @5xbz+OP5zpVn

Being an ex-WU employee, I can say some of the WU way ideas were well intentioned. Overall, nothing changed since the start of the program. WU spent millions of dollars on consulting firms instead of listening to their employees who told them the exact same things.

"Senior" leaders at WU haven't got a clue on how to make the business better. They spew words like, "Customer centric" or "continuous improvement" when they really mean "profit growth" and "do what I say".

The culture in the San Francisco office is toxic at best. It all starts at the top. The dysfunctionality of the leadership team. The lack of ability to give credit to those making positive change, the lack of empowerment given to people who truly want to make the company better. The list goes on.

All I can say is best of luck to WU. I think they provide a great service to people around the world. They just need to wake up and realize the leadership is burning the company to the ground.

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Post ID: @2kzm+OP5zpVn

The building in DTC is said to only have space for approximately 500, that will accommodate less than half of the employees that reside at the current campus. The DTC location is a lease, so I suspect there will be significant cost savings in property maintenance, upkeep and security.

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Post ID: @1bte+OP5zpVn

We are moving the building from Englewood to DTC in first part of 2018, so why would they spend the money to move and then go to San Fran? That wouldn't make any sense, at all.

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Post ID: @xeh+OP5zpVn

Oh thank you for your warm wishes

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Post ID: @qnr+OP5zpVn

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