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This is what no strategy looks like

So the new tech leader has been here over 18 months and still no strategy. Counting keystrokes and butts in seats? Those are tactics you use when you don’t have ideas. Come up with some d-mb stat like “our average productivity score went from 6.7 to 8.3!” Yeah, sure. “We shortened some arbitrary date by three weeks!” If all else fails, talk up AI from the videos you watch. Meanwhile the actual things that need to be done are just kind of floating. I get it that it’s hard to admit when you aren’t up to the job but come on. Just take the golden parachute. Why is it so hard to get a good tech leader at WF?!?


F&B Impacts Theory

I have no insider knowledge, this is just my theory for what could happen on Tuesday:

F&B reports up separately from other pyramids for pretty much every function (Merch/Planning, IM, Store Ops, etc.). Eliminating that separate reporting structure could remove some duplication of work and a lot of middle managers. For example, Food Supply Chain would be absorbed into what’s left of GSCL.

Thoughts?


GrowthX?

Has anyone managed to work out what Ramnaths latest email on his new initiative, GrowthX, is all about?
I can’t quite work through his management-speak word salad well enough to truly understand what this program is aiming to do.
I’m genuinely interested and will suspend my usual cynicism until I can understand the email.
Confused.


Run

Blake has ruined the company. Sure. Stock price is up but so is everything. 2 years ago, there where 9000 NEW people and all the GOOD leaders had left. BECKHOFF and Siemens are delivering way more new products. Blake keeps overpaying for underperforming assets. The board is worthless.


If this company really wanted to move forward...

This zero-innovation management team would be gone yesterday, and employees at all levels (management are also employees) who think spending 8 hours a day being in an office building translates to 8 hours a day of productivity would be culled in favor of those who understand 80% of your results come from 20% of your effort.

Effective employees avoid the other 80% of effort because it's almost always useless. AI could hold an earnings call and draft a better earnings email than any of the current management team. It would certainly sound more professional than WF's Chief uhm-ahh Officer.


What is the point of PG&A?

We haven’t heard much from PG&A lately besides the new intranet “improvement”. Everyone I have met from that organization seems like they are 21 and have no idea what they’re doing. Have also heard how toxic and backstabbing the culture can be. Can someone help and tell me what they do all day besides gossip on campus all day?


Market visits

Our teams work so hard even being short staffed. Last week we had a great visit from our regional! Then this week our market manager came in and ripped us! The club looks the same as last week! So if a sign is a little crooked, or a pallet not on the line, we fail. Is it like that everywhere?


They want to pit us against each other

And they’re doing this by allowing manager discretion with missed hours. Several folks on my team were pulled into a special session to reiterate the new rules last week. As we scanned the room, we quickly realized a common theme: we all have kids.

Meanwhile, coworkers who come in late due to doctor or dentist appointments or counseling or physical therapy are allowed to skirt the 8 hour rule. It’s clear that parents have been singled out as the low hanging fruit during this recent crackdown.

I’m finding it hard not to be resentful of those around me who aren’t being held to the same standard, and I’m beginning to think that’s Just how WF wants it.


This is exhausting

I'm almost at the point where I hope layoffs happen, just so I can move on from the constant thinking and stressing over it. It's inhumane to say layoffs are coming and then just...what? Let us wait? Hope the stress is enough to get us to walk out on our own and save them some money? Is that what's happening here?


How is quiet quitting working out for you?

A bunch of people said a while ago they were no longer giving it their all and have started quiet quitting. I'm curios, how's that working out? How did your manager react, if at all? Have you been put on a PIP or is everything still functioning as usual? This is an honest question. I'd love to do the same thing, but I'm too scared of losing my job.


CVS Health to layoff 72 remote employees after loss of Ohio contract

CVS Health plans to lay off 72 remote employees due to the loss of a contract, which will also effectively end CVS Health's Aetna Medicare Medicaid Program for Ohio residents.

CVS Health said in an Oct. 17 notice filed with state Department of Labor that the layoffs will affect remote employees who report to Aetna's headquarters at 151 Farmington Ave. in Hartford. Most of the effected employees live in Ohio, with one employee residing in Michigan and another in Kentucky.

https://www.msn.com/en-us/money/other/cvs-health-to-layoff-72-remote-employees-after-loss-of-ohio-contract/ar-AA1OQ2b9


Another Post about MGMT to IC demotion

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???


What's up with management at this place?

It wasn't always like this, but recently, thanks to having mostly new people as managers, every one of them in my department seems to live in their own little bubble. You ask for direction and get five different answers, then somehow you’re the one at fault when things collide. It’s becoming laughable.


Why Illumina Stock will Plumett

This is real talk!!!!

Ilumina keeps beating its head over with useless PLM and MRP tool upgrades that neither add value to the company or increase the speed to get products to market. The only group to benefit from these activities is the workforce in India that has substantially grown ever since Jacob has taken over. Consequence will be our competitors taking over our market share and making us irrelevant, an afterthought. These useless initiatives are being spearheaded by our clueless leadership and middle management that neither have the best interest of the shareholders or employees, only their determination to maximize their own paychecks. Management teams like those that fester at Illumian are the ticks that ruin a company's value and culture. If there was a way to replace Middle management with AI, sign Illumina as #1 customer.


Show gretchen

The day before I left Target, leaders were discussing if they should “update” the slides for her (the company needs a real supply chain officer that understands basic supply chain concepts)
Nice should not be the primary qualification. Just like her, Rob has also only worked at Walmart, but he is the real deal.


You can feel how toxic MetLife has gotten

Things are so bad that people who used to care now just do the bare minimum to get through the day. And management is somehow shocked that productivity is dropping. Who would have thought that a toxic work environment goes hand in hand with mentally exhausted employees who barely give a damn.


Sales down 13 percent

Chainwide..
My sales definitely are down.

Getting rid of many of our buyers without looking at what actually sold has made many of customers have to go online or just say forget it. As we should've had what they wanted. I saw sales at LVMH up here . Yes because they can get the product to you without the hassle . What a novel idea. Meanwhile Bloomingdales sales up 5 percent too. Unreal


Wells Fargo: the only office job that prohibits picking kids up from school

This new 8-hour presence requirement is wrecking morale on my team. This is worse than what we had 20 years ago.

Need to pick your kids up from school? Forbidden unless you badged in at 6:30 AM.

Need to go to a doctor's appointment? Better not come into the office then or you'll lose your 8 hour average.

Want to come in an extra day this week to briefly support a team event? Not unless you want to get put on a PIP and lose your bonus.

Imagine thinking that hybrid "flexibility" is choosing which three days to sit in traffic.

All this, not because it improves performance, not because it helps clients, but because some crusty old executive can’t stand the thought of people being trusted to work like adults.


What is the strength of the company

It’s clear that Fidelity cannot and will not develop managers to be leaders.

Is there a strength that the firm has that could reshape my opinion of the firm? Things were better before the pandemic, but it doesn’t seem like work will ever go back to being a great place to work.

I’ve been kicked down so many times that even the bare minimum is more effort than the company deserves. It’s not just me, it’s my whole department and probably just a leadership style.

There needs to be a process to demote or fire the managers who were hired during the pandemic, with no experience or qualifications.


What happened to this place?

We're drowning in management layers. Every issue gets passed up the chain until nothing actually gets done. They talk about being efficient, but you have a dozen people giving orders and no one helping. The pay structure is all over the place and new hires are completely lost. How did we even reach this point?


Dell is only as bad as your manager/ORG imo

Do I have gripes about Dell? Absolutely. No company is perfect and no company will ever fulfill ALL of your wants and needs.

I've been here for almost 7 years now and in all honesty, can't say I have any major complaints. My manager is fkn AWESOME. I have more flexibility in my job than I've had anywhere else. I have 5 weeks of PTO, good benefits, and love the $500/year fitness program bc I just buy random cr-p, then get reimbursed and return it all lol.

My orgs exec. leadership is pretty awesome and are as transparent as legal will allow them to be. We aren't required to be in office 5 days/week but rather 30% of each quarter.

I enjoy working with EVERY person on my team along with almost everyone I indirectly work with.

I've gotten about 25 THOUSAND dollars worth of training out of Dell. idk, I guess I'm not seeing why there is so much hate towards dell? Most of it seems to come from the sales org, which I mean... I feel like that's about standard at any large company.

My complaints is that Dell is still acting as if they are in "covid time."

  • Restricted travel and/or going to conferences - unless you have a VP as a title, for the most part!
  • Promotions have been MIA since 2020, at least for those in the US..
  • My raises have never been below 7% for the last 6 years, my last one was only 4%
  • My org NEVER seems to have any budget and my org happens to be one that, while not on the frontline/customer facing, kind of protects the money and information from hackers.. Not my problem though. idgaf as long as I'm getting paid.
  • Dell has ALWAYS been a hybrid company... 3 days in/2 at home. Why the sudden change in policy for 5 days in office after you forced us to go remote for 6 years, forcing us to change our lives around, then telling us that they don't forsee in office work in the future? Only to do a 180 6 months later...
  • Dell has no identity. They follow and do what the BIG companies do - MS, Google, FB, Tesla, etc... rather than do what they think is best for their own employees. Hence the 5 days in office policy.
  • They think AI is going to be their savior but, Dell's AI is literally HORRIBLE. 99% of Dell couldn't give two logs about AI and they keep shoving it down our throat. Which speaking of, Dell is SO far behind in the AI world it's hilarious.
  • I don't think dell gives a single cr-p about the employees (IC's anyways) and it's obvious the Tell Dell results don't matter to them.
  • They pay to have their company listed as a "Top company to work for."

For me, those are my gripes but in all honesty only a few of them affect me as an employee. The rest, idgaf.


P&I leadership wiped out

Difficult day today for us old P&I staffers....seems like our entire MGT team has been wiped out. Tammy's reign of fire is upon us. I'm gonna believe her heart is in the right place but I'm in the minority. The mess that Deb Thorpe created (why was she feted so much when she left???) has finally come to bite us in the a-s. I don't feel good about where we're heading, gang.