#leadership

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The race to offshore America!

Job offshoring in the country is gaining momentum at an unprecedented pace. Major companies are making headlines that show it’s no longer confined to lower-level positions — middle and upper management roles are now being transferred to India as well. A striking irony: those who once designed and championed the offshoring strategy may soon find themselves among its casualties. (Some may feel gleeful at that thought.)

How do you stop it? A lot would need to change, but one thing is certain, the leadership that implements this will go down in history as saving society.


LIES

This group is closer to penny wize, dollar foolish than most. Here's why. Remember all the times BH mentioned de-layering and reducing decision making authority? The exact opposite is true. I know this as I look at the list of job grades of those recently axed. Nothing higher than manager and overall average job grade let go is 9. At the same time we (they) mint more VP's. The consistent and frequent additions to the "C" suite ONLY increases beaurocrocy, time and effort to approve low $, low risk investments. Lastly, the severance for these folks was drastically REDUCED compared to previous January layoff. The thing about boiling frogs is, they all end up cooked. Demand leaders with integrity, not these imposters.


They’re Trying Too Hard

L and D is posting on various platforms stating what a huge success the Month of Learning was.
No it wasn’t, it was the same failure it’s always been since the new group of leaders took over.
Everyone I’ve talked to says they didn’t get anything out of it.
They’re trying too hard to convince, I don’t know somebody, maybe even themselves, that they are really performing a good service to the employees.


Keeping costs down

As we continue to feel strains and increased costs as a company perhaps looking at top exec costs would help cut off some of that. Are there business travels at that level that are really needed or lunches for those in those positions that really need to be paid for? How are leaders paid more and advancing levels when others are not? How many additional senior leaders do we really need? Our members need to be able to reach live, direct workers. Happy employees lead to happy members and business which organically leads to overall better business. Telling associates benefits are more, AIP is less, and growth will not really happen is tough for lower ranking associates. I wonder when that piece of the puzzle will be realized by the business. Further consider these associates are also members trying to make it in the world today.


“Leadership” Politicians

What’s really frustrating, and honestly a little disturbing, is how many of our leaders have started acting like politicians. They ignore anything negative, spin reality, and only focus on whatever sounds good in a town hall or email. It’s insulting to our intelligence and completely out of touch with what’s actually happening on the front lines, where the real work gets done.

Until leadership stops pretending everything is fine and starts listening to the people doing the work, nothing will change. Just more talk, less trust, and a widening gap between the top and the rest of us.


SteveB: the unfiltered reality check

This isn’t rumor, emotion, or gossip.

This is what the company itself has said, plus the math that follows from it.

No fluff. No slogans. Just reality.

Where Xerox actually is:

  • Q3 cash generation did not cover costs; free cash flow driven by working-capital timing, not profits.

  • Legacy business declining on a like-for-like basis.

  • GAAP gross margin is 22%, very thin to support debt, restructuring, investment, and dividends.

  • Significant debt added to fund acquisitions.

  • Leadership has stated we do not have 2 years to fix this.

  • Workforce reductions confirmed to continue into 2025–2026.

  • Integration urgency now tied directly to SURVIVAL narrative.

  • Merit / raises tied to profit (uncertain to say the least).

  • Strategy locked: no pivot planned, only “execute faster”.

This is a turnaround under time pressure, not a routine quarter.

What has been signaled:

  • The model is right, execution has failed!

  • The company will run out of runway without faster performance!

  • More layoffs are expected!

  • Every function and region expected to “do more with less”!

  • Employees told to stop prioritizing personal situations and put the company first!

  • Execution failures = leadership changes!

The bets are already placed. No turning back. Sink or swim on execution.

Employee reality:

  • Job security is performance- and speed-dependent.

  • Raises contingent on profitability, not guaranteed.

  • Higher workloads, fewer resources.

  • Culture shifted from “corporate career” to “survival, sprint, sacrifice”.

Clear message: contribute at full speed or self-select out.

What happens next? Likely 12–18 month environment:

  • Continued restructuring & RIFs

  • Ongoing cost compression

  • Integration friction + tech platform migration

  • Talent drain and forced performance pressure

  • Narrow focus: cash, margin, execution speed

Best case? Turnaround works, company stabilizes, slow growth returns.

Middle case? Extended grind — layoffs, morale erosion, cash tightness.

Worst case? cash performance fails... strategic alternatives come to play (asset sales / debt restructuring / Private Equity involvement).

All are standard outcomes in leveraged turnarounds; which one we hit depends on speed, cost takeout, and execution.

Bottom line:

  • Xerox is no longer operating in “business as usual”.

  • This is SteveB's plan A: execution speed vs. cash runway.

  • There is no plan B. And plan A must work quickly.

  • Everything else — morale, culture, careers — is secondary to operational survival right now.

Wartime rules are in effect. Everyone just heard it live.

The mood shift, the urgency, the tone, the pressure... all real.

This is what corporate in distress looks like when management says it out loud.

Now you know.


Running for the low hanging fruit

Nothing seems to have a good captaincy anymore. Sailors are shaking the boat. In Visa domain knowledge and love for systems is not rewarded anymore. New direction is looking at easy points. Share prices stumbling. Old people are let go. Maybe if there's any small indication, it is right time to part.


When did leaders start acting like politicians?

I might not have liked all of Dan’s message but at least it was spoken plainly and honestly. What is really annoying and a little disturbing is that a lot of our leaders now seem to operate like politicians. They ignore anything negative or challenging and only look to talk about the positives. This is totally insulting to employees intelligence and emphasises the gulf between senior leaders with what is happening on the front line


Smoke and Mirrors

Big companies are laying off and repositioning themselves to run more like a start up. Why? Because everyone has AI FOMO! Everywhere you look billions are being invested in AI. The work force is getting trimmed before companies understand whether or not AI can deliver on all that it's developers promise. Sending all your employees the message that they need to worry about their employment just days into your new position is not the definition of leadership. This is not how you build a winning team. The posts on this board are a reflection of Dan's leadership. You have yet to share the substance of your vision on just how Verizon will pivot. All you have accomplished so far is the demoralization of the work force. You are getting off to a very disappointing start.


Strike

Morale is horrible across the board. Unless you’re in leadership or close with someone who is, you’re on your own. U.S. employees are treated like they don’t matter, while offshore teams get better support, flexibility, and recognition. It’s discouraging and unsustainable- and yet no one seems to be able to stop it. US employees (not in leadership roles) need to unite and demand changes immediately.


This company is just for show

Most of the Sr staff are replaceable, they actually do not implement or solve any of the work place challenges, but they like to report on other people work. You spend more time explaining what you have done so that they can repost if the work.
If the auditors actually pay attention to the attestation the would realize something is very strong with this company.

Everything is always fine when in reality most of their students are flawed.

There's is no real integrity or leadership.


Drowning

Post Enterprise Reimagined, I am struggling in my new role. I had no onboarding, just a whole lot of department meetings with no context. My new leader has no experience in this work and spent their entire career in a different discipline. My partner in the work also has no experience in this discipline. We were thrown headlong into a project with no guidance other than, “You are smart. Figure it out.” A month later, my work was just doubled because we are short handed on our team because of layoffs. I am scared and sick and stressed out. And my leader has made it clear they don’t care. I am frustrated and angry. Anyone else dealing with this scenario? How do I handle it?


What are you all thinking about this?

If really talented CEO should not choose layoff to show money

He needs to guide the employees how to increase stacks value and how to increase customers to come VZ network

Layoff and show money as company growth any one can do for that we dont need talented people normal people can do this

eam


McChevron

Looks like they really are taking the training wheels off the managers and letting them manage a little. It's funny though to watch them try to continue all the garbage McK generated simply to have projects to charge time against. Maybe now they will see the idiocy of it all and how / who REALLY made the new organization. Good luck managing the pile McK leaves behind.


5 years in the captains chair and 0 value added

It’s been five years since John Stankey took over as CEO in July 2020, when AT&T’s stock was around $23 a share. Since then, it’s dropped as low as under $15 and today it’s barely above where it started, roughly $24.

Five years. Billions in spending. Countless reorganizations. Massive layoffs. Zero value returned to shareholders or employees.

How does this guy still have a job? At what point does the board finally admit this isn’t working?

If this is what “leadership” looks like, it’s no wonder morale and performance are at rock bottom. The numbers don’t lie it’s time for real accountability.


Leadership Saved Themselves, Not the Team

Being part of a recent round of layoffs has given me a lot to think about — not just about my own career, but about leadership, accountability, and the values that guide organizations.

In many cases, it seemed that leadership roles were protected while teams — the people who did the day-to-day work that drove results — were let go. It’s a tough reality to process, but also a revealing one.


My middle managers day

My boss spends her entire workday talking. All day, she is “stakeholdering” with people, then comes to us to get all the actual information. After that, she passes that half-baked information to superiors behind our backs, making it look like it’s all her work.

Many times, the leaders above don’t even know that we have spent countless hours solving problems or working on a solution. On top of that, she is too lazy to even put it together in slides — she expects us to do that so she can go behind our backs and present it to her VPs or what not ?

Do we need her ? I do not know but she will stay and people who are doing actual work will be fired.


Future Back Drinking Season 2

Athina’s podcast is back…

Unsure who the he-l would listen to this. How “transformational” can a Strategy & Transformation officer be when their company's stock is only up 3% over her 5 year tenure????

She needs to go, this toxic S&T culture starts with her, absolute corrupt coward who acts like a dictator