#morale

From the outside, Verizon looks like the safe play. Big paycheck, fat dividend, steady corporate perch. People ask: “Why would you ever leave? You could have milked the cow forever.”

But here’s the truth: that cow isn’t grazing in some open field. It’s chained in a barn, weighed down by debt, and it’s the employees who end up getting milked.

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Dividends Don’t Pay Morale

Sure, investors cash the dividend. But if you’re on the inside, you don’t see that money. What you see are endless “transformation” projects, morale sinking year after year, and consultant slide decks dressed up as strategy. Try paying your spirit with that.

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Stability Is a Mirage

From 30,000 feet, Verizon looks like a fortress. Inside, it’s duct tape and reorgs. Every year brings another round of “cost-cutting innovation.” Stability isn’t real here — it’s a talking point that masks constant churn.

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Golden Handcuffs Rust Fast

People who stay aren’t milking Verizon — Verizon is milking them. More work piled on, promotions drying up, pensions shrinking. What looks like safety is really just slow erosion of your time and energy.

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Better to Leave Before the Obituary

When Hans Vestberg finally announces his retirement, the spin machine will crank up. But the reality is simple: Verizon isn’t a growth story, it’s a modern utility in decline. Better to leave before that obituary phase than have your name tied to it.

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The Real Win

Walking away wasn’t missing out. It was stepping out before the air ran out.

I didn’t just exit the cow.
I walked out of the barn.

HR head clown Eric Leef is leaving Hertz. Looks like he is the fall guy for the recent disaster employee survey. Good riddance! Unfortunately this departure won’t mean much for the Hertz employee workforce who are likely faced with continued compensation hardships stemming from a broken company.

This company is top heavy with unqualified leadership. People who earned their way to their positions not due to skill, but rather someone liked them. These are the very same people who continue to make poor business decisions. Can you believe the HR director left? What will happen to the unqualified “HR” managers? Many stemming from uneducated positions now working in Human interaction positions.
Here’s a tip: look at your highest generating RAC locations-those locations should have the most qualified HR managers. Not a payroll clerk now glorified as a senior HR business partner. lol !
You can’t make this insanity up.

I miss those days.

Truist Employee Experience: “Lipstick on a Pig”

Ah yes, the "employee experience" at Truist where every town hall is a TED Talk nobody asked for, and executive leadership continues to serve up piping hot platitudes like it's Thanksgiving dinner at a corporate retreat.
"Bring your whole self to work!" they say, right after quietly slashing your budget and ghosting your promotion.
"Purpose. People. Performance." Translation: Buzzwords. Burnout. Bafflement. Bullsht
Meanwhile, we're expected to applaud new "well-being initiatives" (Mental Health post, **cough***) that involve nothing more than recycled thelayoff.com and LinkedIn posts from the Jolly Roger himself. You can slap a mission statement on a coffee mug, redesign the internal portal 17 times, and commission a 3-minute hype video of the Purpose Corner — but if morale is lower than your stock price, it's still just... lipstick on a pig.

This place is a disaster and is not going anywhere but straight down to the bottom of the ocean. Just a bunch of incompetent bench warmers just pretending to work for an underpaid salary. Would rather use that time for something productive instead of pretending to work and dealing with the BS at this company

This job is a joke! Again we have the most expensive healthcare in the world but we deny the basics for our seniors! HUMANA you stink! Why are your “ cherished old” nurse NOT eligible for ERP??? We deserve better than this!

You can’t drop a layoff announcement and then expect everyone to act like nothing happened.

Surprise surprise.. 20-30% avg my a$$.

My org and grade range is being cut 50%

Heartless. I bet you c***suite gets a big pay bump and bonus next year for all their savings.

The company was already struggling, and now low morale and disengaged employees are making everything worse. What the he-l happened to this place?

There’s no sense of team spirit, no clear vision, and nobody actually guiding people forward. How this place is even functioning is beyond me.

Letting people go to improve results is short-sighted and self-defeating. It doesn’t solve anything and just shifts the pressure onto those who remain, making everyone miserable and less productive.

It is frustrating to watch decisions come from the top with no clue about what the teams face every day. Hans and upper leadership seem unaware of the actual workload and challenges on the ground. No wonder we all feel drained when their expectations are ridiculous.

Leadership seems completely focused on short-term gains, cutting costs wherever they can, and keeping stock prices up for the moment. Employees feel like replaceable parts, and it’s clear that long-term health of the company is an afterthought. There’s no sense of investment in people or the future here.

I got cut during the last round even while hitting all my targets. Management has little say in anything and no one seems to care about employee stability. If you think your job is untouchable, think again. There are plenty of companies out there with leaders who actually guide and respect their staff. It is frustrating to see how much this place has changed.

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.

It never stops being exhausting to hear the same complaints repeated endlessly. People vent, post, and talk about the same problems day after day, but nothing ever changes. It’s frustrating, yet at the same time, there’s a strange comfort in knowing you’re not the only one feeling stuck.

SW's bad leadership seems to have been realized and she is leaving. Please take lady unlucky with her out the door

It used to deserve your full effort, but the current leadership treats employees with zero respect, and that’s exactly how much they deserve back.

Everything at this place feels impossible: producing executives who don’t resemble a circus act, making a profit without layoffs, holding on to good employees, fostering a healthy culture, or recovering from years of negligence. And then some.

Very discouraging , disgusting behavior

The worst thing about SF is that it's a Mutual Company and there is no one to hold the Executives accountable for their actions. A Mutual Company works when the Executives are in it for the mutual benefit of the policyholders and employees. When you get incompetent and immoral leaders in place (MT, JF, CS, KC) they can abuse the system. They fleece the policyholders and employees out of every penny they can to enrich themselves. Shareholders are not much better but they usually demand a level of competence that we do not have. They make changes when stuff does not work. Shareholders would fire all these incompetent goons and get away from the useless agency model. We have been hiding for a long time behind the SF Mutual Company and MK getting called in front of a congressional panel recently scared the sh-t of some Execs because they saw the possibility of getting found out. It will catch them....they are all crooks! There used to be some honor among thieves. It is ok to lay people off, give them a severance package and then let them draw unemployment while they are looking of a job. There is a right way and wrong way to sc--w people over. State Farm, they just torture employees, make them miserable and try to force them out. They lie, manipulate, con and use every other ba----d arrss tactic to try to destroy people. Run away from this place as soon as you can.

I work at U.S. Bank for 33 years and was forced to retire. Credit card fraud area is a sham they have new management and the new management has taken the department into the ground. They have lost good employees that have either left the bank or retired. All they worry about now is production. They don’t worry about the quality of work since they opened an office in India in Poland. After 33 years of dedicated service to this bank, all I got was a small face of flowers not even a retirement card congratulations or anything. It’s very sad when you’re a dedicated employee and you leave and this is how you’re treated.

When was the last time you told someone, “This is a great place to work, you should try to get in”? I honestly can’t remember the last time I heard anyone I work with say they like their job and consider themselves lucky to have landed here. All I hear is that they’re bothered, exhausted, stressed, unhappy, frustrated, or angry. Great vibes, top to bottom.

Who else is tuning in this morning to see how our CEO will inspire or demoralize us?

This place has been going downhill for so long, its culture eroded so badly, that I truly couldn’t care less about how it all unfolds. I have zero respect for management, and I don’t trust the new leadership either. I don’t even believe they know what real change would require. The way they’ve treated employees speaks volumes. So if they want to cut my job, I’ll walk away happily.

Apparently our "leadership", for lack of better words, believe that none of the current employees who have dedicated decades to the company and know its people and processes are competent enough to be promoted.

HR must have been wooing the Stellantis hires long before walking the Ford employees out as their replacement are announced with 48 hours. No wonder morale is low.

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.

So heard today no bonus next quarter and layoffs before Christmas due to Lexmark doubling up staff and I’ve had to job match my team.

This firm sold its soul awhile ago. PP can keep smiling that creepy smile and tell you it's going to be alright but it isn't. Her and her friends will give themselves more bonuses, bigger salary increases until this firm is either bought or goes public. Anyone getting laid off should do the least amount of work as possible. The firm doesn't care about you, why should you care about it.

Yup, and the email sort of blamed the employees. In any case, just a guess but layoffs are gonna have to happen. Again, no first hand knowledge. Guess they should not have bought two companies.

https://www.aboutschwab.com/leadership

Look at all those smiling faces!! Happy, rich & convinced they work harder & deserve more than everyone else! So proud & accomplished as they send out surveys to support planned pay cuts for everyone but themselves & their club.

Let’s vote here (where our voices actually count just as much as they do at CS):

Which EC member deserves a pay cut the most??

Is the food on the cork site part of the forced wfr attempts.

The standard of the food is frankly disgusting and the menu that gets sent out weekly is often incorrect.

I've been thinking is the food designed to try to destroy our will and quit?

On Aug 7, there was an event celebrating 100 years of innovation at AT&T in Middletown highlighting past AT&T inventions. It was organized by Raj Savoor, VP of AT&T Labs. Retirees were invited because they were the last ones to see any innovation.

Highlight: keynote by Ed Amoroso, past CSO at AT&T who puts Rich Baich to shame. Talked about the future of cyber security (he started his own company after leaving) and gave the top 10 things in Letterman style that AT&T should be doing in the future. Am pretty sure not too many things AT&T is actually doing were on his list.

Lowlight: Some ex VP level retiree stood up during Q&A and said something like "I hear morale at AT&T is now in the toilet, what are you doing to engage employees such that the innovations we have heard about today will continue?" Andy Markus who was on the panel said "we are using AI to drive down costs and save the company money."

These past few days have been incredibly tough. We could all use a breather.

Working at Truist often feels less like being part of a team and more like being dropped straight into the Hunger Games. Colleagues are positioned as competitors rather than collaborators, and every day becomes a test of endurance where management and peers alike seem focused on outmaneuvering, undercutting, or suffocating your progress. The company’s glossy slogans about “Purpose” and “Care” ring hollow—just polished propaganda masking a reality where employees quickly learn those words are for external image, not internal practice.

Human Resources, rather than acting as a neutral protector of fairness, feels more like another arm of the Capitol—perfectly aligned with leadership, but not with the people actually fighting in the arena. Meanwhile, Truist quietly disengages from its most loyal workers, even as Bill Rogers and the executives enrich themselves exorbitantly. With each new round of lavish bonuses and raises at the top, it becomes clearer: the sacrifices of employees are little more than the currency funding Bill Rogers and the executives. In this version of the Games, survival means accepting that the system isn’t broken—it was designed this way.

It’s hard to stay positive these days at Visa. This place is such a downer, but we’ee lucky enough to be employed for now. What are healthy coping strategies that have worked for you?

Associates no longer trust leadership because of their random layoffs. Hopefully those who are still there will remember the dynamics when the next associate satisfaction survey comes out. The typical cycle happens in that the Site Leader will bring in a modest lunch to give the impression of associate appreciation before they drag everyone thru the dirt for the following 11 months. For those who stay long enough to feel like you're being loyal, consider all of the holiday seasons you miss out on before they lay you off

The video's are are being played over and over in SP1 3rd Floor related to CEP need to be taken down! Such a moral inhibitor. We all know those twats won't lose their jobs!