#seniorexecutives

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Here’s what’s weird about RTO

Of course it’s not about collaboration. But companies are worse than pre covid with the on office stuff. I know someone at another company that said a senior manager sits by the door to see who is leaving “early”. Like 5 minutes early. Seriously what is going on? All the big companies are doing it. Spending money monitoring stuff that you thought went away in the early 2000s.


Nobody is listening

Let’s face it - senior management have their own agenda, and what staff actually want or need rarely makes the cut, especially if it costs money. Clients don’t want to hear they’ve bought into something that isn’t working, and somewhere along the line, feedback just stops going up the chain. I think it's at my line manager, who's also given up.

Feels like most of us end up posting here just to check we’re not the only ones seeing it this way. The company is too big. It will continue to lumber on quietly shedding staff until there's nobody left. It could take a while!


Is there any news about layoffs ?

I understand that this board provides a channel to vent and criticize senior management and their methods.

At the same time, this is to provide any information / rumors (that has legs) about impending layoffs. Of late, I do not see any news here?

Are we entering a period of no layoffs as this is a message that is widely spread in one particular platform consisting mostly of employees from a major subsidy


Edward Jones 10-K and ELT Compensation

Are you all ready for the 2025 10-K to come out in a few days and see PP and the soulless ghoul squad all getting another 8-15%+ bump.

Our hollow shell of a MP is about to make $30-33M+ and the rest of her sycophant cronies $20-25M+!!!

But we need to manage our costs and get more efficient folks!!!!


Sekou making news today.

It’s being reported that Sekou Kaalund, Senior Executive VP and member of the Managing Committee, may have involved himself in some financial shenanigans, and may have misrepresented some material facts to the court appointed Receiver of troubled distiller Uncle Nearest Inc. This could subject the bank to substantial reputational risk as the story develops.

https://www.thebourbonandryeclub.com/splash-page/uncle-nearest-lawsuit-live-updates


Major Talent Exodus Following Bonus Payouts

The largest employee migration in Bank of America Company’s history has begun following the February bonus and 401(k) contributions. While some employees are waiting until the end of March for their RSUs to vest, many senior leaders are departing after receiving substantial bonus payouts.🤫


MDs

Citigroup Plans March Layoffs for Managing Directors

https://www.peoplematters.in/news/strategic-hr/citigroup-to-cut-managing-directors-and-senior-staff-in-march-after-january-layoffs-48158

Citigroup is preparing a new round of job cuts in March. These layoffs will primarily affect managing directors and other senior employees. This follows approximately 1,000 roles eliminated in January. CEO Jane Fraser is leading a multi-year restructuring effort. The bank expects workforce reductions to continue into 2026.


The guard is changing.. finally.!

With BS out, another org shake-up to cut spans and layers is unavoidable. A wave of senior exits is being politely labeled retirement, but it’s really a reset.

And while leadership churns, IDC’s forecast is inflating expectations.. numbers will spike whether execution is ready or not.

Less patience. Less cover. Bigger pressure.
The next phase won’t reward tenure.. it will expose performance.


Is it finally time for an ER?

The argument AGAINST any ER was that in the past too many senior people took them and lots of tribal knowledge walked out the door.

Now with the company focus on AI and that AI should have absorbed a good chunk of that knowledge is now finally the time to get rid of a lot of the expensive folks that have been around forever?


IGS Leadership Exodus

Two big exits in two weeks. Honestly feels like things might finally be moving in the right direction. Really hoping the unannounced / undecided LSS interim is the one we’re all secretly pulling for. And that today's announced CTO interim doesn’t end up permanent. Who's the next one to go?


PepsiCo Code of Conduct is a joke

So every year we employees have to do “training” about the PepsiCo code of conduct. This is the first year in my many years as a Faithful employee where I have felt it is a performative joke. My senior leadership is very much violating said code of conduct by creating a toxic and antagonistic work environment. And it is apparently CEO sanctioned. PepsiCo is no longer the supposed ethical company it claims to be. Anyone telling you otherwise is lying.


Message to Leadership

Senior Leaders,
Your tenure has been defined by the distance created between the executive suite and the customer experience. The external environment—the shifting market, the competitive landscape, and the voice of the consumer—is moving at a velocity that has exceeded the speed of our internal change. This is the moment where that gap closes.
The core failure is one of vision:
• The Customer Forgotten: Price escalations and complex plan structures were designed for boardroom reports, not for customer loyalty. The brand damage incurred by these choices is measurable and is being repaired daily by those on the front lines, whose warnings were not heeded.
• The Illusion of Importance: Cross-global travel and protracted, high-level meetings created an illusion of operational necessity. These activities served to insulate decision-makers, rather than connect them to the actionable data required for real growth.
• The Unpaid Debt: A loyal, skilled workforce sought guidance, mentorship, and sponsorship, only to be met with a leadership culture that served itself first. The trust deficit created by this failure to invest in internal talent is significant.
Change is arriving. Some will face profound uncertainty regarding their future employment. You, however, are insulated by the financial structures put in place during this period of detachment. This outcome is the definition of accountability deferred.
The mission now falls to those who remain: to rebuild the brand, re-establish trust with our customers, and implement the authentic, ground-up change that poor leadership made inevitable.


Linkedin

I have noticed individuals who accepted the VSP last year now asserting that they chose to leave rather than being laid off on LinkedIn. VSP acceptance and being laid off as functionally the same, as both indicate the company was not invested in retaining those roles. Trying to reframe VSP acceptance a year later as a superior decision does not change the core reality that those positions were considered replaceable. Such a coward move to stay quiet for a year then come out talking about lay offs when it’s easy. Cowards!

I have seen posts on here mentioning that specific Senior Directors are updating their LinkedIn profiles to "open to work," but the authors are refusing to name these individuals. DONT BE A COWARD. If you have firsthand, verifiable information about specific SDs, please include their names when posting.


Senior Directors Cut

Many Sr. Directors were axed today in retail and across other orgs. Everyone else impacted will be notified on Thursday. For Band 6 (Directors & ADs) employees that are impacted, I'd encourage you to take the package they're offering because there will be more cuts and the severance might be worse.