Topics regarding layoffs at MetLife Inc.

Topics regarding layoffs at MetLife Inc.

RIS Contracts layoffs

Anyone know when they will begin letting go people in the RIS Contracts Department?

Variable Annuity LOB Sold?

Starting to hear some rumblings rehashing the topic that Reuters reported on early last year, about selling off or reinsuring the variable annuity business. Any more gossip on this?

800 new jobs in Cary

Whaaaat happened? I haven’t checked recently….Maybe they’re all AVP’s….

How to know layoffs are happening

The real clue that you will start to see now that bonus has been paid, are the internal emails about how employees have informed their managers of their intent to retire or pursue outside opportunities. The language is the same, regardless of the... — read more 

How is HR defining “employee care”?

Can they stop creating marketing terms and just do the freaking obvious right thing for employees. Better base salaries, better benefits at less cost to employees. It’s not that hard. Perhaps they should think about it as a volunteer opportunity for... — read more 

No More Summer Hours! Per T Katz

Get in the office & be miserable!! That's an order! Oh, also ...we are a great place to work. Look at all of our awards and other fluffy stuff. We dare people to leave, but most don't.

Pay Ranges

So does anyone know what the pay ranges are for Grade 12 and 13 in Cary? TIA.

It's like they want us to feel miserable

Working in this company has become very tiring and frustrating. Do you too feel that managers are doing everything they can to make you feel miserable and quit?

People are tired and overworked

I don’t think they are going to start hiring for open positions like earlier. When the work is getting done with same resources why fill in open positions. Saving the $$$ and more work for existing resources as always Does anyone else share the... — read more 

Employee Care

It’s too late, you haven’t cared why start now. It’s more like employees…who cares.

They totally ignore feedback

Someone here made a great point, employee feedback from surveys is not used to improve the company at all. Do they care about what we think and how we see this place, or are they totally uninterested in our opinion?

Hiring Freeze End Date

Does anyone have insight into when the hiring freeze ends? I’ve heard both March 31st and others have told me April 15th Thanks in advance

Rage quit?

So close….. Worse by the minute. Manager useless and has opposing objectives. Exhausting unfulfilling and unrecognized work. Did I mention useless manager other than source of frustration

AVP status here is bloated

AVP status here is bloated and needs a thorough review by upper management during their "expense study". Mine serves no purpose other than being a high priced babysitter we don't need, adds no value, takes up a seat (salary) and by being here... — read more 

Employment is like an insurance claim!

At the end of the day of the 93% that only rec'd Successfull and the people that got 0% raise the company will look 3 months from now and see "who quit?" Remember the only way to immediately and guaranteed way to increase profitability is to cut... — read more 

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| 6550 views | | 2 replies (last March 11, 2023)
Post ID: @OP+1lAMVp9u

Shareholders seeing through the BS

https://www.marketbeat.com/instant-alerts/nyse-met-sec-filing-2023-03-10/ Pathstone Family Office decreased holdings by 33.4% Smart move Pathstone. Others expected to follow in droves.

RIS Employee Su----e

Wasn’t there a RIS employee that committed su----e? Then a day after the su----e some Director in a team meeting insensitively asked “who’s doing his work now”? Yeah fact.

US Business Performance Factor

Interesting that Susan P's email says US Business performed at 113.3%, however AVIP statements show 102.1.%. Anyone able to explain?

Interview question

Employer: So tell me why you are looking for a new job? Candidate: I work at MetLife Employer: Say no more. I understand.

Law suit - Express Scripts rebates

Did anybody see this? https://news.bloomberglaw.com/employee-benefits/metlife-accused-of-wrongly-pocketing-65-million-in-dr-g-rebates

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| 3070 views | | 3 replies (last March 10, 2023)
Post ID: @OP+1liPqfch

2023 team goals

It’s always been company goals. Cascaded down to the p-e-ons. Now they are called team goals. They look like job descriptions. Weird. No explanation why it’s different. An explanation would require, ah what’s that word…transparency? Is that the... — read more 

Hiring Freeze

Michele noted the hiring freeze at yesterday’s LTL for an undetermined amount of time, is this the precursor to layoffs?

Fidelity is hiring

https://www.newsobserver.com/news/business/article272524184.html

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| 2810 views | | no replies yet
Post ID: @OP+1leceAjZ

LTL - Stock buybacks - What a sh---y answer

I hope you saw the LTL today and Michel's tap dancing about stock buybacks. Not once in his defensive and pandering speech did he mention how Met's buybacks benefited its employees. I wonder why? I also loved the line of "when our investors buy... — read more 

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| 3320 views | | 13 replies (last March 1, 2023)
Post ID: @OP+1ldxd63e

"Raising the Bar"

I'm gonna guess meaningful raises isn't part of the bar raising MK is blathering about on LTL.

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| 3180 views | | 4 replies (last February 18, 2023)
Post ID: @OP+1ldAXKrI

New CEO

Board will oust CEO. Time for a new top leadership team.

Stuck in the past

Unfortunately, this company can no longer be said to be progressive. Why is that so? Does our leadership think it is too risky if they let go of some outdated models or maybe they didn't even notice how stuck in the past this place is?

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| 3340 views | | 8 replies (last February 23, 2023)
Post ID: @OP+1laS2jKe

Cross training

They are really hitting the cross training hard in US business. This isn’t an opportunity for you to learn, it’s an opportunity for the company to seamlessly put someone else in your place after you are fired. Don’t fool yourself, there’s nothing... — read more 

Paycheck to Paycheck

Who else is a Metlife employee living paycheck to paycheck? I’m a single person living in NY metro area and can’t make ends meet! A grade 10 educated professional that struggles every pay check to cover the basics! FFS! Hey Michele if you’re reading... — read more 

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| 3300 views | | 7 replies (last February 13, 2023)
Post ID: @OP+1l3WAdXT

Y'all see them earnings?

Met missed its EPS estimates by 10 cents. Get ready to get reamed. Don't worry though, we only bought back $3.3 Billion in shares last year! https://ycharts.com/companies/MET/stock_buyback

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| 3520 views | | 14 replies (last February 8, 2023)
Post ID: @OP+1kYM4yUd

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