Why would Oxy pay its Petro Technicals a very generous one time bonus unrelated to yearly goals or performance. Some top onshore and offshore engineers receives +60,000 for their efforts..
Your opinions?
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Why would Oxy pay its Petro Technicals a very generous one time bonus unrelated to yearly goals or performance. Some top onshore and offshore engineers receives +60,000 for their efforts..
Your opinions?
I keep seeing posts about PE as a savior.
Question, have any of you worked in PE? It ain't fun.
Reminds me of the line in good fellas ..
Business bad? Fu-k you, pay me. Oh, you had a fire? Fu-k you, pay me. Place got hit by lightning, huh? Fu-k you, pay me.
Say good bye to good benefits, PSP, stock options (oh yeah, yours will be worth nothing), probably a reset on PTO...
And if it does turn around, you won't see a penny
I’ve worked at Di-ks for 8 years and in that time the changes have been like a roller coaster !!!!
From firing of quality managers to replacing them with unqualified ones.
The workload is crazy they are not reasonable at all . When you do bring up issues that need to be taken care of , they yes you to death but do nothing .
They post a sign if you see something say something and when I did, nothing was done.
I’ve seen the stock in the midteens and when Covid hit, it was a perfect store for the environment. The stock went through the roof. This company is typical of other big corporations. They only care about the stockholders and their bottom line which on some levels I understand, but I think it has gone to their head. Upper management is just unrealistic..
Back room and the stockrooms are an accident waiting to happen and they do nothing about it. They employ younger people pay them less and go out of there way to not pay Benefits .
The psychological test that they have given the employees that have been working there are all a smoke screen to lower their overhead.
Cut salaries get rid of quality people all for the obvious reason $$$$$ sad really
They don’t Care about the employees at all … God forbid you were a handicap person and had to move your wheelchair in that store. My store was in Florida.
Somehow, they get away with not giving a handicap person enough space I thought it was a law. They just care about stuffing the store with as much merchandise as possible. I’m guessing the state looks the other way. Kind of ridiculous and sad.
The company is all smoking mirrors .
The only care about the customer because they spend money .
Getting back to something I said earlier, it’s a dangerous place to work and no matter what you say nothing‘s ever fixed so in the end I did get hurt. I also witnessed other people getting hurt.
When I was injured, the managers did not know what to do. Didn’t know anything about the paperwork or where to send me. I sat there for two hours and they didn’t know what they were doing in the end. They had to call other stores so with all the training that they give you and it’s a lot I believe all of that is done just to cover themselves for any liability, but they don’t bother to train the managers
I could go on and on about the things that are wrong with that company. I’ve seen it all, but I don’t think there’s enough space for me to put everything down that’s wrong with them. They bought footlocker because they had so much money supposedly because they wanted a European presence. Just not a place I would recommend to work looks good. They get all the kids to work there 18 to 22-year-olds because it’s a sports store. That’s a funny comment because it’s become a clothing and shoe store with the out of fringes of the store being sports and fishing. They recently because of the psychological test that almost nobody passed got rid of a guy that I believe opened the store originally high-quality individual who did anything. They asked them to left the sweat on the floor and how did they pay him back offer them a deduction and salary stay full-time or take a severance package it’s highly insulting and if they cared at all about the customer, that’s a guy that should still be working there he was very well liked by the customers. He was intelligent articulate and learned everything that he possibly could in that store yet he was just a number very sad. Di-k should be ashamed of themselves.
Perkins & Co has been acquired. CliftonLarsonAllen completed the acquisition. The deal resulted in layoffs. These layoffs affected employees in Portland. The acquisition reflects challenges for independent firms.
Portland, Oregon
https://www.bizjournals.com/portland/news/2026/06/25/perkins-and-co-cla-cliftonlarsonallen-acquisition.html
A 6.0 magnitude earthquake in May caused substantial damage. The Royal Kona Coffee Company Center closed indefinitely due to this damage. Four employees were laid off from the Captain Cook location. The business continues to operate, but its in-person visitor center is closed. Resumption of visitor center operations remains uncertain.
Captain Cook, Hawaii
https://www.hawaiinewsnow.com/2026/06/26/royal-kona-coffee-center-closed-employee-layoffs/
What is the cooling off period for rehiring employees who were laid off in May?
iHeartMedia implemented layoffs affecting its St. Louis operations. The San Antonio-based company let go employees. Several local radio stations experienced these staff reductions. Radio hosts were among those affected by the layoffs. One host had been with iHeartMedia since 1985.
St. Louis, Missouri
https://www.bizjournals.com/stlouis/news/2026/06/25/iheart-media-radio-layoffs-include-stl.html
It used to be a place that valued intelligence and creative thinking—a place that took the time to nurture those ideas and bring them to life. Bottom-up really worked here, once.
And now? Collaboration in name only.
It’s full of political operators who shamelessly claim their subordinates’ achievements as their own, and mere clowns who latch onto those operators like remoras clinging to a shark. It’s a culture that swats down bold, unconventional ideas with the brute force of majority rule.
Talk of short-term results and targets has become deafening. There’s no respect left for building a real argument, no respect for intelligence. The only thing that thrives here is harassment carefully calibrated to stop just short of being called harassment.
I’ve concluded that this company has rotted from its people outward.
Goodbye.
I HAD TO REPOST, NOT MY POST:
6 days ago by Anonymous | 10 reactions (+10/-0) | Reply
Post ID: @pj+1kva8jdvr
Before taking the company public, Robert Wood Johnson II worried that shareholder pressure might eventually overwhelm the company's values. To prevent this, he created the famous Johnson & Johnson Credo, which established the company's priorities:
He believed these priorities were so important that he had the Credo carved into massive limestone monuments placed at company headquarters.
For decades, this philosophy helped guide the company.
Eventually, however, later generations of leadership abandoned it.
I joined Tech going on a year now, and I have been working to improve accountability and address long-standing performance issues. Not to be punitive, but because it’s better to deal with low performance directly than end up laying off good employees later.
My biggest frustration has been HR and specifically, employee relations supporting Tech. It’s hard to get a clear answer on what action to take, harder to get a response, and when you do, the guidance often contradicts what leaders in other departments are being told.
I know they’re under pressure too, and I’ve tried to give them the benefit of the doubt. But when managers can’t get consistent support, it makes leading my teams a lot harder. At some point, that becomes an HR leadership issue. I hope their senior leadership is paying attention.
Too many managers got promoted for being good workers, not for knowing how to lead. At least teach them some people skills before putting them in charge of actual people.
I’ve been in the workforce over 30 years ( including 16 of them at US Bank) and I’ve never encountered this level of micromanagement where salaried professionals are treated like they’re hourly employees. This is not meant to disparage anyone hourly at all but being on salary has typically meant you aren’t tracked on an hourly basis. You are trusted to be mature and professional enough to manage your time and perform your job and if you aren’t getting your job done, you get fired. You are evaluated based on your overall performance not based on where you’re sitting and for how long. Simple.
This just boggles my mind because it’s so draconian.
Bumping from @aq+1kt7a1e2m.
Good luck everybody.
It's wild how disconnected senior leadership is from the actual day to day. They sit in their meetings looking at spreadsheets and making decisions that have nothing to do with how things operate on the floor. Meanwhile, the people who actually know what's going on are put on ignore, and then they wonder why their grand plans never work out.
Heard there is going to be layoffs? Did it happen? Which departments were impacted, and how many colleagues?
The VSP makes sense for me. I am fortunate and I know it. And I get the fear of everyone. I have heard via a high ranking person within the company that pretty much everyone that asks for it will get it. They might be kept beyond the 9/1 date due to a project or something.
I get what is happening, but the people who don't place the blame 90% on the shoulders of Sarah London and the BOD are misguided. Last week we saw the BOD firming up their grip on power by bringing in another person on their side. This is unfortunate for the employees and probably the stockholders as well.
I wish all my coworkers well, but if you can swing it, take the VSP and move on.
What positions are considered NOT business critical?
Layoffs started today at optum
2 of my 10 person team were let go today
Can anyone confirm the great Mr Bob T is still at fis or left last week?
...for longest period of time that a public company has posted consistent YOY headcount declines.
I got curious this morning about just how unusual the situation at Wells is, and decided to do some digging. Based on the information I can find, here's some of the existing records for longest consecutive streaks of corporate downsizing:
IBM went through 8 years of downsizing from 1985 to 1993 as the tech market moved from mainframes to personal computers, shrinking from a high of 405k employees to 219k by 1993.
General Motors went through 7 years of YOY headcount reductions from 2002 to 2009 as a result of foreign competition and shrinking market share, up until their bankruptcy in the wake of the global financial crisis and bailout by the US government.
Blackberry/RIM posted 5 straight years of headcount cuts from 2011 to 2016 as a result of competition from iPhone and Android, finishing in 2016 with 25% of the employees they started with.
Wells is currently running a streak from 2019 to today, blowing past Blackberries record and in line with GM. Given the CEO's public statements, we're also on track to beat IBM as well. Don't you feel proud to work here?
(My point was this post was just to let folks know, if this feels like an overwhelmingly toxic place to work, you are not alone. The situation at Wells is extraordinarily, historically bad. This is not normal)
They have just started to do major Layoffs nationwide!!!!!!!!!!!! They have not announced anything and are telling employees to keep it hush.
Positions are being dissolved, and are encouraging people to apply to other positions within the organization
East Tx and north Tx being laid off today, some peeps already saying their good byes on teams
Our manager went on leave and let us know a few days later through email he was no longer with the company. Now we're sitting here without a manager not sure if he was fired, laid off, or just left on his own. Frankly, he wasn't a great guy so I don't really care about him, but it'd be good to know if it's a sign of something to come for my team.
I wonder if any DEI department employees were let go.
But I'm yet to hear that anybody found it. That's how bad it is out there. And that's the main reason why not just Verizon, but most of the companies can currently get away with treating their employees like cr-p. There's literally nowhere else to go for the majority of us.
I keep hearing WellCare legacy what does that mean? Who is being considered as a WellCare legacy? I keep hearing this but not sure what that means
We’re all adults here with careers, families, mortgages, and kids.
Yet we’re being treated like toddlers who need constant supervision, or maybe Stink just thinks we’re his prisoners.
Presence reports. Badge tracking. Attendance monitoring. Endless RTO enforcement. Isn’t it a bit much?.. All of it sends the same message, leadership doesn’t trust its employees, and once trust is gone, disengagement follows.
Seriously, why would anyone want to work in an environment like this?
The company talks endlessly about “culture” while implementing policies that actively destroy it.
The result is exactly what you’d expect, lower morale, higher turnover, and employees spending more time worrying about presence reports, FTW letters, and layoffs than innovation or growth.
When professionals are treated like they’re one badge swipe away from detention, it’s hard to feel respected or motivated. Especially when they’re blaming the masses for the faults of 1% who are no longer here.
You can mandate attendance, but you can’t mandate trust, engagement, or hard work & dedication. Loyalty and trust go hand in hand, and this CEO said “loyalty is dead”.
Layoffs are nothing new at Cisco. I often joke that there are three unavoidable things in life: taxes, death, and Cisco layoffs. But this latest round feels different. I've noticed a significant shift in attitude from the executive leadership team, and it's unsettling.
On one hand, I'm glad the "#WeAreFamily" and "#WeAreCisco" messaging has largely disappeared. Those slogans always felt difficult to reconcile with the reality of recurring layoffs. On the other hand, what has replaced them may be even more troubling. The message now seems to be that layoffs are simply part of life and should be expected. Fran has openly stated that Cisco does not offer job security. Mark's focus appears to be relentless cost-cutting. And Chuck seems willing to support whatever is necessary to keep the stock price moving upward.
What does that create? A company that grows through acquisitions, cuts headcount quickly, and offers fewer opportunities for long-term career development.
Why do I say that? If your skills happen to align with current business priorities, you're probably safe for the moment. But if your expertise is no longer considered strategic, you may find yourself included in the next round of layoffs.
I know Fran often highlights internal mobility as a strength, but in more than ten years at Cisco, I have never personally seen someone targeted for a layoff successfully secure a new role through the standard internal hiring process. I have seen people land other positions, but typically because they had strong networks and someone actively advocated for them. Once your name appears on a layoff list, hiring you can be seen as challenging a decision already made by management and approved by HR. Few people are willing to do that.
Meanwhile, only a limited number of roles seem to be available internally, while acquisitions continually bring in new talent and headcount. Combined with the lack of meaningful internal redeployment, it creates the impression that Cisco would rather acquire or hire externally than invest in helping existing employees develop the skills the company says it needs for the future.
So what are we left with?
For me, it no longer feels like a career. It feels like a gig, just a paycheck until something better comes along.
Former Xbox employees warn of potential for retaliation in rumored impending layoffs
Ahead of rumored layoffs at Microsoft-owned Xbox, former employees are warning of potential for retaliation.
They base this claim on their own experiences being ousted by the company under potentially retaliatory circumstances.
They urge current employees to document their experiences at the company and contact their HR partners.
https://www.gamedeveloper.com/business/former-xbox-employees-warn-of-potential-for-retaliation-in-rumored-impending-layoffs
I keep hearing about layoffs but nobody will say when. Does anyone know when they'll actually start?
I'm so tired of being punished every time I take a little extra time to help a customer. We're not working in a manufacturing factory. We're not working on a conveyor belt. I need to be able to interact with people without worrying that it's going to cause problems with my manager.
Putting emotions aside and trying to be objective, it seems to me that Danfonso will be moderately successful. They’re just financial engineering their way to a slightly higher free cash flow. Layoffs, outsourcing to India, and cutting costs aren’t novel or revolutionary ideas. They haven’t come up with any new strategies to open up new markets or increase revenue so they’re relying on the tired old playbook. The hype about AI is a smokescreen. It’ll get implemented to some extent but it’s not going to increase revenue, or unleash synergies or cut costs drastically.
It stinks for the employees and will continue to do so. The company will become leaner and slightly more profitable and the executives will exit after getting a big payday.
I feel sorry for the Zenzar and Cognizant newbies who weren’t already employees but are replacing RIF’d and non-rebadged staff.
Thrown into the deep end in some cases and with zero process training.
Better hope there’s some internal documentation to follow because if there’s anybody left to train them those people sure won’t have the time!
I’m excited to be leaving. I get paid to leave this sh-tshow!!! Good luck to those who stay.
It is just extremely frustrating that Stankey is still CEO and Chairman of the board after his business blunders cost the company $106 billion. Employees are held to a high standard and now we have these strict presence reports but the CEO gets a free pass.
Stankey and his predecessor Randall are both not capable of running a lemonade stand on a sunny weekend. But we let Stankey remain CEO of a Fortune 50 company. Randall is now on the board of directors of Walmart after leaving AT&T in shambles.
These board of directors should be ashamed of themselves. They are so far removed from the daily operations of the business to understand what is in best interest of the company. To them it is just a part time position where they get to fly into Dallas and be treated like a celebrity for the week.
HP laid off the handful of people who post here.
But somehow that only applies when the topic is easy and doesn't make anyone uncomfortable. When we try to find out about incoming cuts, suddenly its silence. Funny how that works.
Pender County Schools faces a $2.7 million budget shortfall. This deficit could lead to the elimination of about 30 positions. County commissioners approved $6 million for capital needs but not the full operational request. The district requested a $4 million increase but received only $1.3 million. School leaders will meet with commissioners to seek additional funding.
Pender County, North Carolina
https://www.wect.com/2026/06/23/pender-county-schools-says-budget-shortfall-could-lead-layoffs/
The people who actually know how things work are either retiring without documenting anything or getting laid off. And leadership thinks it's fine because they have their VPs. The same VPs who don't know the details and don't want input from anyone below them. It's scary to watch the company make such a huge mistake and not care.