The company wants to maintain "expense discipline" yet Emilia and her NY a-Holes ran up the staffing and now have to eat a sh-- sandwich. NMLers -get ready...numbers look like 300+ people layoff in Q1 to make up a $70M problem Emilia created....and NY people wont be touched...all MKE people. John Schlifske take note. your new shiny object will take 90 days to give you the same news that we know today: 300+ person layoff!!! get ready NMLers...make sure you get that sweet package. 6 months plus more. GO GET EM Emilia.
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Emilia is a fake. She climbed the career ladder but s—ing up and hiding behind Russian programmers she brought in with her. She is good at using others but not much else.
There were absolutely layoffs in the Technology business function. There were 4 people laid off in the Career Distribution area and others from NMC in March. Additionally, there were layoffs in the Product area recently including several from NYC, and earlier this year the Career Distribution business function laid off many. Lastly, there is the closing of the Arizona office which will result in layoffs.
No such Q1 layoffs in tech. Just a bunch of baseless rumors!
how is the 90 day action plan coming along?
funny. after 90 days a bunch of people will lose their jobs. in the last 90 days how many new nyc temprorary leaders have been hired at the vp level?
there is no nm anymore. its now just a cash cow for the temprorary leadership to s--- dry.
The issue isn’t the age of employees or the skill set. Most IT employees have the ability to learn new technology, tools, and processes. The issue is leadership’s inability to evaluate talent, and make intelligent decisions.
What happened to NM Home Office? Years ago it was a highly desired place to work. Not anymore. I was a manager at NM many years ago. When a performance issue on my team needed resolution (i.e. firing) I had to jump through hoops. At that time all employee firings needed the company president to approve. We couldn’t let go of employees that ‘earned’ to be let go.
Fast forward to now. The sales area does a reorg at the end of this year, more layoffs, 120 jobs are eliminated. Or are the jobs really eliminated? The sales area immediately posts 100 open jobs that employees need to reapply for. All under the guise of jobs being redefined. Its a pretty clever way of making it really easy to let go of employees, both the good and not so good.
So what is my point... NM needed to do something to deal with job inflation and poor performance, I’ll give them that. However, the approach being used is an embarrassment and it’s heartless.
Speaking of heartless, does anyone left in senior leadership have any heart? I don’t think so.
Wow how ageist! Not very progressive of you.
Ya kids without a sense of entitlement. That’s rich. Probably one of the new crop that insists on “working” from home and dressing like a slob. Prolly putting ERG participation over doing real work too.
Looks like a bunch of overpaid old farts need to make way for young hungry energetic kids without a sense of entitlement and marketable skills.