#demotion

I'm seeing some linked in posts where people are 'so excited to announce I'm taking a new position as a director in Fidelity blah blah ' where they were formerly VPs. Of course one in particular I saw scrubbed that gleeful vp announcement from 3 years ago from his linked in page. Are there people who took demotions to stay in lieu of getting $hit canned or is this some sort of universe correcting reorg?

The latest circling HQ is anyone with a “manager” title without direct reports is going to be demoted to specialist / coordinator / analysts whatever the respective position would be. Hearing minor impacts to base pay but would impact bonus % and stocks.

A commenter said: “leadership needs to be realistic about the culture issue. There are people on both sides who clearly don’t even want to be here anymore. Fine — give those people strong packages and let them move on. That is not the reality at VZ. It was demomstrated that VZ is a cliquish club. They downsize those who they dont like. They dis not care about performance.

So heard in a meeting today that MS has some managers getting demoted, overall wholesale changes in leadership in some groups, folks with 10 years in DS leaving...

So whats really going on?

Maybe your role wasn’t eliminated but it’s different now… you’re managing a lot more people suddenly or not managing people anymore? Or you were asked to go down a level in title or comp?

Settle down P4’s - no one cares about what you were prior to be being demoted from a “manager” position which you probably still hold dearly to your blessed heart. You are nothing more than a glorified wanna be. P5’s with no reports stop pretending the Executive Director role means something. You are executive directing yourself. Please lord let me be let go on the next few weeks.

Rumour mill to confirmed that managers M2/M3 are being asked to drop to IC level. Rumor from my M5 level buddy is that the plan is to PIP these folks quickly and work them out without severance. The belief is that most won't be able to show value as IC4/5 if they have been managers for a few years quickly. Saves the company a boatload on severance costs. Also a downgrade might help a few quit themselves again saving seperation costs. The later is already happening in some offices.

Associate, Advanced, Expert, Principal etc. ?

Heard a rumor that this restructuring led to somewhere near 50 people getting title changes like “soft demotions“ and it’s in these people didn’t even lose their salary but they’re going to be asked to train others on what they do and then demote them further (with pay cut) or eliminate them by end of Q4

Considering they demoted the majority of sr managers last February... Which su-ks bc my manager was AMAZING! New manager/director is cool but he has no clue wtf we do on a daily basis and has no personal relationship with any of us.

I've never gotten below a 4% raise so hoping for a 6% this year at least.

So the HR management call happened about the upcoming pay and performance week and some interesting but not shocking news. Apparently, with the restructuring in the career architecture and demoting everyone to lower titles, this also includes new lower pay scale bands for those titles and roles. So if you were a person who was previously in a role that now has been artificially demoted with a new salary band that is lower than your current salary, you will not be eligible for a merit pay increase because you’re outside the band for your new title. Just another way to squeeze people and not reward them for good performance. Comment on this if this turns out to be true next week.

It's so lame both leaders are not even making eye contact. RA doesn't want to talk about his demotion. Hopefully, they are finding a replacement to consolidate all compliance departments.

Is the company interested in trying to keep any District Managers that might want to take a demotion to Store Manager? This would allow the company to keep experienced people and get rid of less qualified people, no?

I am just wondering if the fact that DMs will be laid off, if that means that store managers will get fired to make room for DMs who want to stay as SMs.

Disappointed in the firm. Not only was I reimagined , received a demotion and changed from salary to hourly, but that put me into a category where my merit raise is about 1% and bonuses are half of what I used to get . Not to mention the force back to office 4 days a week, tracking your location when you open up documents. Since when did this turn into highschool?
Why is this happening? I have been at the firm a long time. Nothing like this has ever happened. So much for work life balance

They're charging 10 dollars for those they laid to access their W-2's. I guess they might profit off the people they demoted to customers.

During the all hands meeting we had the other day the VPs were saying they were looking to change current employee roles to, essentially, lower level roles. They’re basically giving out demotions but saying they’re good opportunities for growth.

They’ve already started doing this by forcing engineers and coordinators into drafting OSP designs.

Sadly not many people are complaining or raising concerns, and an oddly large amount of people are “excited” to provide “value” to the company.

This layoff has a special experience. What a shameless Sr Director, Director and Sr Manager taking any position. These people are taking low level positions. Shame shame. What is your comment??

The strategy, who they chose to lay off, demotions...unless the goal is to ki-l morale and destroy the company. Then, things make perfect sense.

I'm hearing SMRA & T100 Just got hit with demotions or layoffs. Can anyone confirm?

Many people asked to take a demotion.

Sr. Manager to Manager
Manager to Sr. Engineer

This su-ks

How does one go from being a VP to manager in their next assignment? Does that show that the MC made a mistake in promoting the person and that they have topped out? Have they reached the level of their incompetence?
I’ve seen this happen in a couple of businesses recently and curious if this is a metric that HR should track better? What’s everyone’s vote?

From my perspective in accounting, this keeps happening. They release senior staff to balance the budget, but the underlying strategic errors remain. In my twenty years, I have never witnessed this leading to genuine recovery. It only demoralizes the teams left behind to pick up the pieces with less support.

Pic will be managers of entire store. Demoting FS managers into ops

Anyone look at their upcoming paystub yet? The way they calculated their fuzzy math on 27 pay periods is they reduced the wage Rate. Is this legal? It’s like we all got a demotion. Unless you survive to 2027 to get the catch up payment. I’ve never seen a company handle things like this before. Usually, they catch you up in the same year and do it in a month that has five Fridays. I’m sorry there is zero way you could make it make sense except that this is a way to leverage our money for their pockets. Completely demotivated to ever go that extra mile again at this company,

Did anyone receive confirmation it’s the 8th? I am hearing potential demotions for people and complete reorgs

VZ just announced cut 20% management or 13k to save 1B .

Are y’all hearing about the “spans and layers” conversation? Am being told demotions are on the cards as well? Is there no bottom?

I've recently noticed several people who were Auditors/Education are now back to working as regular medical coders. Seems like a demotion to me, what happened?

I am trying to transfer to our Department of Golf Tournaments & HQ Celebrations. That seems to be the only growing area in the company and the work looks interesting if not outright fun. I think I've outgrown my current engineering role and I'd even accept a demontion or a lateral move to the coveted department.

Do you think this is possible?

Fu-k this I’m taking a demotion somewhere else. Worst leadership in my 20 year career

Do you know how stupid it sounds to call your demoted manager a Lead in front of the customer?

We don’t have managers anymore when it comes to escalations and I wouldn’t be looping in a director because it would look even more stupid to the customer.

What are we supposed to do when the customer wants to speak to the manager? Did the leadership think about this at all???

In Penny's Page dated 10/13/25 it talked about the concept of Ikigai. For those who do not waste their time reading Penny's garbage anymore Ikigai is the intersection of doing what you love, doing what the world needs, getting paid for what you are doing, and doing what you are great at. Penny has either forced people into the unemployment line or has demoted people who once obtained Ikigai. Let's review this for a second. Those people no longer do what they love as they are either unemployed or are now working for a firm and leaders they do not trust and no longer love. The ones who have been laid off are no longer doing what the world needs. The ones who have been demoted are still doing what the world needs as they are still serving their clients who they love despite the failed leadership. The people who Penny has laid off are no longer getting paid for what they do. The demoted people are no longer being paid what they deserve for doing what they do. The people Penny laid off are no longer doing what they had become great at after years of perfecting their craft. Many of the demoted associates have been placed on teams without any direction as to what their function will be due to poor restructuring leadership. I find it laughable how Penny's Page is talking about Ikigai when Penny is doing anything but promoting Ikigai. I also noticed company cheerleader (that is all she is good for), JK, was on the panel talking about this false concept at Edward Jones. The article also brings up that if you feel like you are too small to make a difference you have not spent a night with a mosquito. Well, that is absolutely true. The mosquito is the most deadly animal on earth to humans. At Edward Jones Penny is the mosquito.

My manager got demoted to IC and their direct reports were moved under the director (by the director themselves). How come the director has this much power? Why are the directors never demoted?

I like my manager much better than the director.

Now the director will have around 30 direct reports which is suspiciously high number. Looks like many people in my team will get laid off eventually.

Know that should they offer you a lesser role (lower level of responsibility, Supervisor to IC, etc) in Edmonton than you have today that could be deemed a demotion and also subject to constructive dismissal, and severance.

Do not accept a demotion. Consult a lawyer before your accept a job.

When Penny was named managing partner she spent like a drunken sailor on leave. Now she admits her mistake and says she is holding herself accountable. How is holding yourself accountable by laying people off and demoting people while she stays and receives compensation increases to bring total compensation to over $29 million per year? If she were to hold herself accountable she would step down and let a new managing partner fix the problems she has created. Penny is making innocent people who are really good at their jobs take the fall for her failures. If anyone close to the work had failed as miserably as Penny at her job they would have been fired on the spot. Penny has been an absolute disaster for this firm.

I survived ER in August and was moved to a new position. This new team seems a mix of different grade levels (not confirmed, just my feeling).

Anyone heard of talk, or maybe think that, in the next months there could be another re-alignment of levels and pay reduction?

I personally wouldn’t put it past them, but at the same time I’d have hoped they at least figured out this new team I’m on since it’s net new.

I heard there will be an investigation into the placement decisions. Specifically, those who were demoted, received or pay cut or ISP'd. The investigation will be focused on them being replaced by others who were less qualified and/or based on favoritism. There is also the issue of those placed into "undefined" roles. When challenged, HR denied the existence of undefined roles. Why? Because they would need to admit there was favoritism and bias in the selection decisions. For example, one leader campaigned for a new role in a specific department all summer despite being unqualified. They were initially placed in an "undefined" role in that department and then displaced other more qualified people to secure their target role.

The investigation is supposed to be with lawyers - so it's important for everyone to speak up. It won't get ISPs their jobs back, but the pay out could be greater.

All exit conversations have happened.

Many people have an option to exit or get demoted, and those people were given 48 hours to choose. Thus more exits may happen, but initiated by conversations that happened on Tuesday.
OP: @ah+1k48nnf8v

Don’t say a word.. Davy’s gonna buy you a mockingbird.. and if that mockingbird doesn’t pay… you’ll get to keep your benefits and LP. ASK: does anyone know how many huckleberries got demoted and how their pay/ pay progress was impacted? Why is that not all over the media? Career earnings stunted in STL and TEMPE by major employer

WIthout doxxing myself, the gist of the story is that after a reorg, the incoming management are power grabbing shitstains that blatantly grabbed the work that was done, virtually demoted a few people by bringing in their own people (the demotion was by way of reduced responsibilities and effective sidelining). Some emails with leader(s) exist that can clearly be construed as retaliation for speaking up in the face of wrong plus witnesses. Though not all them might speak up fearing for their career at Citi but one or two definitely will. Power grab was repeated without repurcussions

I know HR is useless and will either protect and/or try to brush it under the carpet. Don't want to pursue outside legal options. What other inside resources exist? Obviously, the shitstains don't care about any consequences as they have gotten away with this before.