How many times has Barclays restructured in the past ten years? I lost count.
It seems like restructuring is simply a new fancy word for layoffs. It's no surprise our morale is so down. Every day we are expecting to hear about new restructuring, new consolidation, new reductions...
I'm not really sure what they're trying to achieve. Is one more restructuring really going to solve all of our problems? If the ones so far haven't, one more certainly will make no difference.
Maybe we need new leadership. People who know that layoffs don't solve the underlying issues that created the need for layoffs. Because until those are solved, no amount of "restructuring" will save us.