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Senior Manager titles changing to Senior Lead

I’m in COO and just noticed some senior managers’ titles changed to senior leads. Anyone have insider scoop on reason for this approach? Is it rolling out everywhere? Does this mean the goal is to remove a lot of the middle management? The senior managers in this scenario have small number of direct reports, including some senior leads.


GT Layoff Was Sc--wed Up

To "Win Now" the goal was to reduce GT cost while making it leaner, faster with reduced management layers.

Yes the GT cost was reduced and few bloated orgs were made leaner..

BUT - a lot of "does" were eliminated and we still have many layers of management. In my domain ( and many others) we have 3-4 managers managing 5-6 FTEs. On top of this we have two directors ( 1 Product & 1 Engg) in each area of the domain and another layer of two Sr Director ( 1 Product & 1 Engg) on top. To make a decision I have to align with at least 6 people on managerial role.
On top of this the idea to blindly lay off everyone in remote role without relocation option (except few orgs like DAI/AI ML) was very short sighted, lazy, biased and borderline unethical.
End result : GT will still be slow due to heavy management layer and because GT lost the "doers" it won't deliver anything meaningful. The "does" who are left will be forced to su-k it up to their managers instead of doing what's right for Nike. Hold on tight - It's going to be a downward spiral.


Thoughts on Private Wealth

I am considering a role in private wealth in Minnesota. Reading through these posts, there seems to be a lot of employee frustration. It seems much of it is around RTO and it appears much of that may be in other business lines. Can someone in private wealth share the good and the bad?
Specific questions:
1) I am being promised a sizable book of business due to departures last year. Historically, will these clients be loyal or are they likely shopping as they haven’t had an advisor?
2) I am being told many referrals and new business opportunities are available via internal bank channels such as the commercial bank. Is this accurate and how many referrals should I expect each year?
3) I’m receiving mixed messages around what has caused the recent employee turnover and how much there has actually been. Can anyone share what is accurate? I’ve heard anything from 3 people left in 2025 up to 25, so that’s quite the gap.
4) I’ve often heard US Bank technology is behind, but I have been told that is no longer the case. Specifically mentioned was salesforce and the integration of daily work. Do you feel the technology allows you to be successful?
5) Leadership - this site has many negative posts about senior leaders, but the local leaders I have met seem to engaged and ready to support me. Is that accurate?

Thanks for your willingness to share to good or bad. I’m excited about the opportunity, but nervous I may be missing something.


"Houston We Have a Problem" XOM PIP Reallity

EM PIP in reality can be driven by statistics, internal politics, bias, or interpersonal conflicts not your performance. So many people end up on a PIP for reasons that have nothing to do with their actual work. Some examples I have seen in past years/teams:

  • He was put on a PIP after questioning unethical practices used by senior team members and suggesting better methods. They felt threatened and collectively turned against him.
  • She was sharp, social, and highly capable. Her manager recognized her potential and gave her additional responsibilities, which triggered jealousy among other women on the team who then ganged up on her.
  • He was new to the group, and instead of helping him integrate, they isolated him, refused to let him blend in, and targeted him for bottom ranking.
  • She consistently helped others develop, but instead of being recognized, her peers sabotaged her work because she was naïve and overly friendly.
    How PIP Practices Often Work in Reality:
    In many organizations, the outcome of a PIP is predetermined long before the process officially begins.
  • Some employees receive only a few formality emails and “pass” without any real process.
  • Some endure a three‑month ordeal that feels like a continuous interview, filled with pressure, bullying, and harassment—only to be told they “failed.”
  • Employees targeted for removal often face hostility, humiliation, and impossible expectations, and at the end they’re given vague statements like “We don’t think you’re a good fit.”
  • Some people have their PIP extended because of medical leave or mental‑health‑related disability leave, only to return and be failed anyway—or receive a letter saying their disability benefits are ending and they will be terminated if they cannot return...
    Bottom line if you are not PIPed soley for statistics choose PIL....Up to you

Posts being downvoted when they are stating facts...

Yes, there were many Senior Directors Cut today. That's a fact. Our org has been impacted by the news today. Called some of my coworkers in different states. Same story.

Why are you downvoting the facts? Because it doesn't line up with your bullsh-t timeline?
Ya'll don't know jack sh-t and keep posting the same cr-p over and over again.

Dan go you running around scared shitless.


Did directors help make the list? Or senior directors only?

I’m wondering if my director (one step above my associate director) help to put together the list of names. Our Senior director is still relatively new and wouldn’t know the or well enough to know which people should stay and go, so I’m wondering if our director had any input.


San Antonio surplus!

There’s some solid information that’s come to my desk about mass layoffs for San Antonio coming within the next 6 months. They will be consolidating to a “super center” and will be laying off people that are getting paid a higher salary than what new reps off the street get. There’s absolutely no benefit for the company to keep paying senior employees close to or over $40 an hour when new employees get well under $20 an hour to do the same work. The company is going to start hiring new reps and once they have a solid amount to maintain the call volumes, they will start weeding out the old employees. Stay safe and be prepared folks. CWA STRONG!