#attrition

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A Wall Street Journal Article. One way companies (like Schwab) are encouraging attrition

Job Hopping Is Out, Job Hugging Is In for Fearful Workers
Employees reluctant to give up job in today’s rocky job market

Callum Borchers
Sept. 3, 2025 9:00 pm ET

They don’t seem happy, they don’t give 100%—and they don’t quit.

Cranky workers are clinging to the jobs they have instead of moving on because, well, what’s the alternative in the current economy?

The extra pay that typically comes with joining another company has practically vanished. Disengagement is so widespread across the U.S. and global workforces that cheerier pastures are hard to find.

And resigning without a plan feels more reckless now than in the good old days (2021). Back then, you could get by on pandemic savings and stimulus money, live the #vanlife for a while, then watch your inbox fill with interview requests from businesses on hiring sprees.

How times have changed in just a few short years. Today, employees are unwilling to risk change and simply go through the motions. The number of Americans quitting their jobs, and the openings available to people looking for work, continue to decline, according to federal data released on Wednesday.

The trend of staying put out of fear is known as “job hugging,” a sharp turn from the job hopping of recent years.

Like a bad penny

This is a new headache for employees, bosses and the economy writ large.

Go-getters hankering for promotions might lose out if mediocre co-workers refuse to vacate the next rung on the corporate ladder.

“When people were moving during the Great Resignation, that allowed others to get promoted, perhaps ahead of schedule and have a stretch job,” says Alan Guarino, vice chairman of consulting firm Korn Ferry. “Now people can’t move up and they potentially get demotivated because of the lack of opportunity.”

Managers, meanwhile, were only a short time ago complaining about low retention rates. Now, there might not be enough healthy turnover to reinvigorate their teams.

Leaders usually have ways of managing out unwanted employees. There’s “quiet firing,” basically sidelining someone to underscore the writing on the wall. Another favorite tactic is a performance-improvement plan.

“Truthfully, being put on a performance-improvement plan means, ‘We do not want you here,’” says labor attorney Kim Cramer. “That sounds really harsh, but in my experience, performance-improvement plans are not meant to help the employee.”

Instead of taking the hint, though, more people are riding out their employment as long as it lasts. In recent weeks, Cramer has had a surge of clients ask her to review their severance agreements after being terminated. She estimates 60% to 70% of them knew they had fallen out of favor a while ago but didn’t leave.

Exceptions to the rule

The prototypical job hugger is a drag on the team, but not all are like that. Some are average contributors or even high achievers.

Doug Yakola, a former McKinsey senior partner who is now an independent consultant, notes many workers no longer take an up-or-out approach to their careers. Instead of leaving for a bigger title and greater responsibility when they hit a ceiling, more people are willing to remain in neutral if the pay and work-life balance are decent.

A tech worker I’ve known for 20 years is in this position. He sees no upward mobility and resents his employer’s rightward political turn. But he earns well and has a sweet, hybrid schedule that affords ample time for hobbies. He keeps putting in a good-enough effort at work because the job, though unfulfilling, serves its purpose in his life.

B-teamers like him can be valuable to companies that can’t realistically expect everyone to be an all-star, Yakola says. This is especially true at businesses like the ones he advises, which often need turnarounds and aren’t exactly magnets for top talent.

“I actually like job huggers in a weird sort of way because I can’t replace employees very easily, and I need to keep the experience,” he says.

There is also a strain of type-A job huggers. They reached the upper echelons of their organizations but feel blocked from the very top. They are disillusioned yet too risk-averse to break away. And it’s not in their DNA to slack off.

“I work with somebody who hates being a lawyer but she’s amazing at it,” says Alisia Gill, a former corporate HR chief who coaches midcareer women. “She cries in her car every morning before she goes to work, and then she goes in there and does her job because she doesn’t know what else to do.”

Gentle shove

In cases where a company wants someone to leave, but the person keeps hanging on, firing seems like the obvious solution. But managers say they would much rather have an employee leave voluntarily.

It’s often cheaper, since businesses might owe severance pay to people they let go. A resignation spares the boss an awkward conversation. What’s more, it can preserve relations with the rest of the team. It’s easier to manage people whose friend took another opportunity than it is to lead employees whose pal you just canned.

Research by University of Chicago economist Virginia Minni suggests a relatively simple strategy can help nudge job huggers toward the door: reflection.

She and colleagues studied roughly 3,000 white-collar workers whose employer put them through a series of exercises to suss out their sense of purpose. Overall productivity increased for a few reasons.

“This actually encouraged some people to leave on their own,” Minni says.

While others found better-fitting roles internally, being forced to confront the drudgery of their jobs was enough to make a bunch of low performers quit.

So, if you are hugging your humdrum job and your boss strikes up a philosophical conversation about the meaning of life and work, you’ll know what’s going on.


Bosses admit they’re using return-to-office mandates to trim down teams—without needing to announce layoffs

Story by Jessica Coacc

Rather than trimming down headcounts by enforcing layoffs, business leaders from across the U.S. told the Federal Reserve Beige Book they’re hoping that upping their in-person requirements will do the job.

The Fed Beige Book report, published eight times a year, summarizes current economic conditions across the 12 Federal Reserve Districts. It is based on interviews with business leaders, economists, and other local contacts for a real-time look at the economy.

The report highlighted that multiple districts this month have “encouraged” attrition with return-to-office mandates.

A separate survey of 849 managers reveals 3 in 10 companies will require employees to work in-office five days a week by the end of the year, driven by corporate shifts and new regulations. Meanwhile, more than half of Fortune 100 desk workers already have workplaces with fully in-office policies, according to new data from real estate company Jones Lang LaSalle.

Just yesterday, tech giant Microsoft said its employees will be required to go back into the office 3 days per week. Though Microsoft has had rounds of letting people go this year, Amy Coleman, Executive Vice President and Chief People Officer, assured employees in a memo yesterday “this update is not about reducing headcount,” and instead is “about working together in a way that enables us to meet our customers’ needs.”

Workers aren’t sold on badging in—but the grass may not be greener on the other side
Almost half of workers say that if their employer no longer allowed them to work from home, they would be unlikely to stay at their job, including about a quarter who say they’d be very unlikely to stay, according to a 2025 poll by Pew Research Center.

But even for the workerks who ditch their jobs in response to more days commuting to the office, the grass might not be greener on the other side of the corporate job market.

Across the white collar job market, employment has looked increasingly frozen for job seekers. Non-degree earners like bartenders and baristas in hospitality jobs are seeing bigger wage growth than office workers right now, as demand for in-person job experiences has surged post-pandemic.

Another nail in the coffin? AI. The Fed’s Beige Book also referenced the technology that is assisting organizations with silently trimming down headcount.

Bosses have previously admitted RTO mandates were to make staff quit, but some workers are ignoring the new rules
Though the Fed’s research was published last week, it’s not the first time CEO’s have admitted RTO mandates were meant to make staff quit.

In 2024, a survey of over 1500 U.S. managers found that a quarter of C-suite executives hoped for some voluntary turnover among workers after implementing a RTO policy—with one in five HR professionals admitting their in-office policy was meant to make staff quit.

But even though bosses are the ones making their staff come back in, they’re the ones who are notably zooming in on in-person meetings themselves. In fact, 93% of CEOs say they don’t go into the office full-time and have instead adopted flexible working patterns.

And despite employers sending out email memos on new mandates, a report from Resume Builder found that 1 in 5 workers are ignoring their new in-person policies too.

https://fortune.com/2025/09/10/bosses-using-return-to-office-mandates-to-trim-down-teams-without-needing-to-announce-layoffs/


Breaking News: Badge Swipes Now Drive Revenue

Wow, everyone, stop the presses! Apparently the entire future of AT&T hinges on whether you can beep your badge at a turnstile. Forget customers, forget results, forget innovation… it’s all about that sweet, sweet swipe. Truly world-class leadership right there.

Nothing says “cutting edge” like forcing people back into cubicles to sit on the same Teams calls they could’ve taken from home. Genius move. Productivity? Down. Morale? Dead. Attrition? Through the roof. But hey, at least the parking lot looks full!

And the relocation ultimatum? Chef’s kiss. “Move to Dallas, Atlanta, NJ or else.” Brilliant way to show your employees how valued they are by treating them like disposable furniture you can just drag around the map. Who needs decades of experience and institutional knowledge when you can hire cheaper replacements who live within badge-swiping distance? Or better yet, hire them overseas and let them work from home. Collaboration only matters domestically I guess.

“Working from home is a privilege.” Yeah, so is still having a job after Stankey’s email circus. Remote work kept this company afloat during Covid, but now suddenly it’s “lazy” and “entitled”? Please. The only thing lazy here is leadership’s inability to manage without breathing down people’s necks.

So congrats to all the cube warriors out there. Keep flexing those badge swipes, the rest of us will be busy actually producing results while you polish your chair indentation.


Predict the next 8 months

Tell me what you think will happen from now until April.

My predictions:

Cable stripped to bare bones. CBS completely restructured.

Most fully remote employees cut in November (I’m fully remote) so they don’t have to relocate anyone. International fully destroyed.

Mass exodus due to RTO.

Engineering and streaming jobs all posted in LA, NY, SF with below median compensation.

DE outsourcing everything he possibly can to Oracle.

DE buying more IP with his dad’s money.

And I say all this as a person who absolutely loves our company. I hate what this has become. I hate to be a glass half empty person. And I’m not trying to hate on any department or division of Paramount. I’m just being completely realistic about what is going to happen here.

Ok, let’s hear it.


Oracle laid off the wrong people

I'm stuck working with people whose IQ is a few points above than a box of rocks. Not the sharpest tool in the tool shed, and I wind up doing their jobs for them. Not only do the smart, hard working people that got laid off got the shaft, but those also that remained with those that should have been let go.


We are being hit by several attrition tactics all at once

RTO is definitely one of them, make no mistake about that. It’s always been the primary goal of RTO wherever it’s rolled out. The least they could do is be transparent and communicate clearly about all the plans, whether it’s voluntary severance or RTO, so people can make at least a somewhat informed decision. But knowing leadership, that’s probably too much to expect. They’d rather keep us in the fog of war.


What is happening???

I just saw that Leah is leaving AMN after nearly 10 years. That’s a huge loss of knowledge and leadership.

Honestly, it makes me wonder what’s going on behind the scenes. Is anyone else feeling uneasy or thinking about leaving? Are there things happening at AMN that we should be aware of?

Not trying to stir the pot, just looking for honest perspectives from others here. She was the best thing that happened to AMN.


Uncertainty

People just want to be told what the plan is. The company should just quit with the management speak and tell everyone what the plan is. They want attrition right? Maybe admitting what the future looks like will help some people on the fence decide to leave.


Do you worry about those left behind?

I had some great colleagues at O, truly top notch people. Some were riffed, others were not. Sometimes I feel concern for the survivors, as they will be under great pressure to do the work the laid off used to do, and the workload was already very heavy. My group has already lost over 50% of staff over the past 10 years, and it was becoming difficult to keep the lights on before this blood letting, which still isn't over. And I'm hearing about attrition as some of the survivors are fed up and are leaving on their own. I can't say that I blame them.


Return to Oblivion (RTO): The Crusade to Cost-Efficient Chaos

In the gilded towers of BNY a bold new vision has emerged—one that promises to revolutionize banking by replacing logic with leveraged cost ratios, and employees with AI bots. The mission? A 25% displacement goal so ambitious it makes someone with an unusually large head look like a walking Super Dome.

This is not just a transformation. It’s a crusade. A cost-efficient, culture-energizing, AI-powered march toward oblivion.

RTO: Return to Office or Return to Obsolescence
The EC’s flagship initiative, Return to Office (RTO), is less a policy and more a spiritual awakening—one that beckons employees back to the fluorescent-lit temples of productivity. Not because collaboration improves, mind you, but because empty buildings are bad for optics and worse for lease negotiations.
Employees are given two choices:

  1. Return to the office and pretend the vending machine is a coworker.
  2. Voluntarily resign, thereby forfeiting severance and preserving the sacred cost-to-income ratio.
    It’s a masterclass in corporate jiu-jitsu: force attrition without triggering WARN notices, all while claiming “voluntary turnover.” HR calls it “strategic realignment.” Employees call it “gaslighting with a badge swipe.”

Leveraged Cost Ratios: The New Religion
The EC’s obsession with leveraged cost ratios has reached theological proportions. Every decision—from layoffs to latte restrictions—is filtered through the holy spreadsheet. If the ratio improves, it’s divine intervention. If it worsens, blame middle management or the interns.
To meet the sacred 25% displacement goal, the EC has deployed a three-pronged strategy:
• Radical Offshoring: Because nothing says “client intimacy” like a 13-hour time difference.
• Real Estate Consolidation: Turn five buildings into one, then fill it with crowded parking lots and free ice cream.
• Geographic Darwinism: Employees must relocate to “low-cost hubs” like Pittsburgh, Lake Mary or “somewhere near a functioning airport in Poland.”
Those unwilling to uproot their lives are gently nudged toward “career transitions,” which is EC-speak for “LinkedIn Premium trial.”

Offshoring: The Great American Job Evaporation Act
In a move that would make Machiavelli blush, the EC has embraced offshoring with the fervor of a startup chasing Series A funding. High-paying U.S. roles are being shipped to India and Poland faster than you can say “knowledge transfer.” Now tell that to your son or daughter with a new Comp Sci degree and a huge student loan!
The rationale? “Global talent optimization.” The reality? A 3 a.m. Teams call with someone who just inherited your Jira board and thinks “Agile” is a yoga pose.
Meanwhile, U.S. employees are asked to train their replacements with a smile, a script, and a non-disparagement clause. It’s like being asked to decorate your own guillotine.

Real Estate: Consolidate, Congest, Confuse
BNY’s real estate strategy is modeled after a game of corporate musical chairs—except the music is a fire alarm test and the chairs are pulled with barely a WARN notice
Entire floors are shuttered, cubicles are repurposed as “collaboration pods,” and thermostats are set to “Arctic Ambiguity.” Employees who once had offices now share hot desks with the ghost of productivity past.
The EC touts this as “space efficiency.” Employees call it “a dystopian WeWork with free Starbucks coffee.”

AI: The Messiah of Mediocrity & Risk
To distract from the mass exodus and morale collapse, the EC has unveiled its pièce de résistance: artificial intelligence. Not the kind that solves problems, but the kind that generates code fixes and sends and endless stream of calendar meeting invites.
AI is heralded as the “game-changing solution” to banking’s future. Never mind that it can’t distinguish between a compliance breach and a cat meme. It’s here, it’s expensive, and it’s definitely not replacing the EC anytime soon.
Investors are told that AI will “energize culture.” Employees wonder if that means replacing the annual bonus with Eliza-generated haikus.

Investor Relations: Fiction Meets Finance
In quarterly earnings calls, the EC paints a picture of a vibrant, energized workforce—one that’s “leaner, more agile, and deeply committed to innovation.” This is technically true, if by “leaner” you mean “unemployed,” and by “agile” you mean “dodging layoffs.”
Analysts and interns nod approvingly, spreadsheets and dashboards sparkle, and stock prices flutter upward like a paper airplane in a hurricane. Meanwhile, the actual workforce is Googling “how to fake enthusiasm in Teams meetings.”

Corporate Absurdities That Deserve Their Own HR Memo
To truly appreciate the EC’s strategic genius, one must examine the absurdities baked into the day-to-day experience of surviving their vision:
• Buzzword Bingo: “Let’s circle back after we socialize this idea.” Translation: We have no idea what we’re doing, but we’ll pretend to have a plan once enough people nod.
• Perks That Feel Like Punishment: Free kombucha on tap—but new high priced benefits premiums and no dental coverage and no payment for unused vacation.
• Performance Reviews by Ouija Board: “You exceeded expectations, but we’re giving you a ‘Meets’ to keep your raise under budget.” “Your leadership score dropped because you didn’t smile enough in Teams meetings.”
• Office Space Shenanigans: Hot-desking in a building with no available desks. Hot seating means stall #3 on the 11th floor. “Collaboration zones” are of course next to the expensive coffee makers because by design this is where innovation happens. Open floor plans are designed by someone who’s never worked in one.
• AI Adoption Theater: “We’re using AI to streamline operations.” Translation: We bought a chatbot that can’t answer basic questions. “We’re training AI on our internal data.” Including the EC’s lunch order history and passive-aggressive “word salad” emails.
• Layoffs Framed as “Strategic Realignment”: “We’re right-sizing the organization.” By removing everyone who knows how the systems work. “This is a growth opportunity.” For the remaining employees to do three jobs.
• Relocation Roulette: “You can keep your job if you move to Lake Mary.” With 10 days’ notice and no relocation support. “Remote work is no longer aligned with our values.” But offshoring is.

Culture: The Energized Mirage
The EC insists that culture is thriving. There are town halls, virtual scavenger hunts, and mandatory quarterly mindfulness fireside chats led by designated talking heads, but when it comes to answering questions about people issues and layoff concerns…. Guess what, sorry folks we’re out of time!
But beneath the surface lies a culture of fear, fatigue, and forced optimism. Employees speak in hushed tones, Teams channels resemble support groups, and “career development” means surviving until Q4.
Still, the EC remains undeterred. After all, nothing energizes culture like a 25% headcount reduction and a chatbot named “SynergyBot.”

Conclusion: The Cost of Cost-Cutting
BNY’s EC team has achieved something truly remarkable: a strategic plan so aggressive it makes a hostile takeover look like a bake sale. Through RTO mandates, offshoring, real estate consolidation, and AI evangelism, they’ve redefined what it means to “optimize.”
But in their quest for cost efficiency, they’ve forgotten one thing: people. The ones who built the systems, served the clients, and made the spreadsheets sing.
So here’s to the displaced, the disillusioned, and the deskless. May your severance be generous, your next job be remote, and your AI overlords be slightly less passive-aggressive.


We’ve seen the stick, where’s the carrot?

If the firm expects or wants remaining associates to stay with the firm, you’d think they would give them a reason. Where’s the enhancements to comp, benefits, profit sharing, etc. that were dangled nearly two years back and mentioned again a few months ago? Haven’t heard a peep about any of that for a while.

The firm’s below-market pay already made it difficult to attract experienced talent. Now it has a bad reputation which will make recruiting even harder.

If leadership doesn’t act quick they are going to find themselves in a talent black hole. Attrition is going to spike through the roof which is maybe what the firm wants but who is going to fill those vacated roles? Candidates the firm wants aren’t going to accept mid pay AND a toxic culture. The money they’ll spend course correcting to attract talent will greatly exceed whatever savings they just captured from these layoffs. I’ve seen it before and it is not pretty for management’s pocketbook. The clock is ticking to get ahead of this disaster before it’s too late.


Intel as an Employer

You probably already know this, working there.

Since BK and ACT, Intel has been hyperfocused on getting more work for the same or less money. ACT, the layoff when no layoff was necessary was the give away, but there were other things, like the focus on H1B’s. I don’t need to tell you it’s destroying the company; first you focus on getting a labor force that can properly fulfill your task needs and then you work on containing costs, especially when your product is a fragile cash cow. But instead our leadership considers labor to be “the only cost we can cut”

LBT is 100% on this and I’m sure you figured out on your own it’s just going to get more and more miserable as time goes by. The only way you can resist is leaving (but they love attrition)


Layoff Blog Draft – Brutal & Forensic

Sampath strikes again with his favorite sport: talking down to the workforce while pretending he’s discovered management philosophy. Translation of his post: “We cut middle managers, slowed promotions, shrank the talent pool, and guaranteed attrition… but hey, decisions move faster!”

This isn’t leadership, it’s narcissism with a LinkedIn filter. Only a CEO at Verizon could brag about hollowing out the company while admitting it leaves employees with fewer career paths, worse pay equity, and higher churn. Then he pats himself on the back for “fewer layers.”

It’s not strategy, it’s shrinkage dressed up as innovation. The BSG boy is just narrating his own PowerPoint slides.


No more CPMs thanks to the AI CTO

Intel might not need any more CPMs since the attrition will be so high due to the non-existent AI strategy,no accountability, no decision making, high handedness , absolutely no market/product insight , just PPTs for academic purpose, thanks to our AI CTO. People are frustrated , angry and disillusioned. Don’t know why LBT cannot see it


Kiss your pension bye bye!

January 01, 2026 the pension plan will be frozen and all employees will be converted over to the current 401k match plan.
Here is the plan:
RTW-will shed hundreds
Reduction in pay and benefits will shed hundreds
Reassignments to claims will shed hundreds
Outsourcing and AI will shed hundreds
Pension going away will shed hundreds
What's left may get some kind of the new severance plan but that will be the last resort as SF will do everything it can to force you out and make no mistake about it. These people are pure evil!


Future of CNE

Wondering how many CNE folk are trying to jump ship this round. Should be a good indicator of how close we are to sinking that boat. We were slow to jump in after BP and Shell had first tried to float their low carbon, low IQ portfolio’s. BP threw their ambitions overboard with thier CEOs, as they were going “too fast too soon”. Perhaps we will continue to be followers in the wake of our cross Alantic competitors.


What needs to be done!

SM Energy needs to give people room to breathe because everyone is overworked. With AI and automation available the company should be helping employees. Not increasing their workload. the IT team needs to be rebuilt because people have stopped asking for help, knowing it is often faster to fix things on their own. all the strong it talent keeps leaving and what is left is undertrained and inexperienced. good people need to be kept instead of replaced with hires who require more training.

Mgmt should be cleaned out because the culture is struggling and expectations are unclear. communication from the top doesn’t always filter down and it makes the work harder than it should be. slow down, be upfront with expectations, and remember that client needs should guide the work.


Toxic work culture at TCS

Summary below and I encourage people to think carefully before applying:

  • punitive approach: managers overreact to minor mistakes, pushing them harshly. Fear runs rampant.
  • hostility: bullying, gossip, cliques are widespread and allowed. Leaders sweep serious issues under the rug.
  • favoritism: certain employees receives special treatment.
  • unfair expectations: you're over capacity, with unreasonable workload and no resources. Deadlines are always urgent.
  • Lack of recognition: leaders routinely steal credit for others accomplishments.
  • Limited growth: again favoritism plays into it, if you are not in the club no promotion for you. You will not have career development.
    So glad I got out of this hole. At some point, you need to respect "yourself" as a human being. This company is not a place for it.

Toxic culture at Aramco

Summary below and I encourage people to think carefully before applying:

  • punitive approach: managers overreact to minor mistakes, pushing them harshly. Fear runs rampant.
  • hostility: bullying, gossip, cliques are widespread and allowed. Leaders sweep serious issues under the rug.
  • favoritism: certain employees receives special treatment.
  • unfair expectations: you're over capacity, with unreasonable workload and no resources. Deadlines are always urgent.
  • Lack of recognition: leaders routinely steal credit for others accomplishments.
  • Limited growth: learning is discouraged. You will not have career development.

So glad I got out of this hole. At some point, you need to respect "yourself" as a human being. This company is not a place for it.


I just lost the last experienced people on my team

We’re literally down to bare bones now, without anyone who truly knows all the ropes. Over the past two years, skilled veterans have been disproportionately targeted. I don’t even think it’s about age. More likely, it’s because good work and accumulated experience come with a price. Tomorrow, leadership will have no right to complain when there’s no quality work coming out of their organization. You get what you pay for. What short-sighted a--hats.


Of course RTO is getting more strict

And it’s only going to get worse. Anything management can do to make it more miserable, more difficult to comply with, more absurd or outright humiliating, they’ll do it. Because no matter what they’ve claimed, the real goal of RTO has always been the same - to make you quit. Pure, distilled attrition.


GNAL

What the he-l is going on with GNAL?? Have a ton of people quit or been laid off or is this just due to the new system? It’s been terrible for the last 2 months and we have no connection with our teams to know what’s really happening. Are people being laid off?


Corporate TheLayoff Damage Control

They’re on here playing on your experiences and gaslighting so FLD can keep selling $XX million of whatever stock and direct f5 to an oblivion of fake setting the bar shenanigans. Get out. Just leave. Then go tell your story on LinkedIn even if under a mock profile.

The place is effed and you’re effed if you care about staying there.

GET OUT NOW BEFORE THEY SEND YOU HOME