Thread regarding Northwestern Mutual layoffs

NM is a joke in Milwaukee

NM is a joke in Milwaukee. No one in their right mind would go to work there anymore. They pretend to be an investment co. but they can't get their act together. All of the flowery language about 'planning' is old news. The idea isn't new & their technology is light years behind . LearnVest didn't help one bit. They are the primary reason why costs had to be cut at NM. Strategic Expense Management was about letting people go who are older to save on salaries & benefits so they could pay younger New York LearnVest employees. The new NM Tower was supposed to attract young millennial's to Milwaukee as a technology hub. But, NM hires people in New York who wouldn't think of moving to Milwaukee. They just want the massive frequent flyer miles & expense accounts.

This couldn’t be any truer. Great post @XbdXKXO-9gaw

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Post ID: @XkI0cvk

11 replies (most recent on top)

What makes you think someone is directing me to squash talk - because I disagree with you and have hope in the company? No one is making me come here. Like you, I’m interested to read about which execs slept with each other and who is getting laid off and when.

Unlike you, however, I’m not here to b--ch about how the world is unfair and some job I got fired from years ago s---ed and still s---s. Welcome to Corporate America and life. Get over it and grow up.

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Post ID: @XkI0cvk-1rjvi

Who is directing you to squash talk on this message board? Is it part of your job description?

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Post ID: @XkI0cvk-Camu

If you left voluntarily, what are you doing on a lay-off site complaining about the company?

I know you’re trying to make it clear that your life is so much better at your new job and you left NM your own terms, but that just makes your presence here even weirder. Let it go, man.

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Post ID: @XkI0cvk-Coku

I am not a contractor at NM. I left NM because of it's dysfunction.

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Post ID: @XkI0cvk-Bshx

I am not a contractor at NM. I left NM because of it's dysfunction.

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Post ID: @XkI0cvk-Bhcu

When it comes to the dividend rate of return, NM is dead last among the top 6 whole life companies. Schlifske and the media only report on the total dividend payout, but that’s a skewed statistic based on the number of policyholders. The dividend rate of return measures each policyholders experience. https://mericleco.com/2018-whole-life-insurance-dividend-rate-announcements/

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Post ID: @XkI0cvk-tcph

The current mess at NM was created by a CEO and leadership who don’t understand how to evaluate talent. They tried to boil everyone down to a line on a spreadsheet, and then viewed those employees as a liability rather than an asset. The result was to many knowledge employees being let go.

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Post ID: @XkI0cvk-tyqu

So you were a contractor that NM fired once you got found out, and now you're scamming some other big company out of tons of cash.

Lemme guess - agile consultant? LOL.

This place may be a circus, but it's less so with poisonous people like you out the door. Stay out of our way and let the people who care try to fix the mess people like you created. We actually care and want to do good things.

Get over it and move on with your life and early retirement!

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Post ID: @XkI0cvk-rpjt

I don't work there and am grateful for that. I don't need to focus on new job. I'm a contractor and make lots more money and will retire early as a result. NM is smoke and mirrors. What matters to them is dividend payouts to policy owners who would be appalled by the practices and circus that exists there. Too bad NM writes the articles printed by the Milwaukee Journal. What happened to good old fashioned investigative reporting?

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Post ID: @XkI0cvk-qzvq

Saying that the technology is light years behind is a very broad statement. What specific technology is needed to meet the needs of the business? NM doesn’t need a Cray super computer. There’re always many technology options to solve issues, create value, and sometimes to save money (hopefully). The latest and greatest in programming languages or technology doesn’t always equal value to the business or clients.

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Post ID: @XkI0cvk-jeij

Only joke in Milwaukee is losers like you. Tons of hard-working people at NM every day that put their heart and souls into it and are anything but a joke.

Assuming you don’t work there anymore, you really need to get a life and worry about your current job. And if you do still work there... geez, move on and get out of the way. Pathetic.

Plenty of people here that still care about this company and want to do more than b--ch and moan.

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Post ID: @XkI0cvk-2pyg

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