Remaining layoffs will be this Friday
Is this true or trolling?
8 replies (most recent on top)
Final layoffs are underway today. Good luck folks
A thought on this thread. There are very few weak links at Morgan Stanley, in my experience. There is, however, an unhealthy culture of politics, intra-organizational conflict, and a disconnected layer of management at the MD level, which leaves all levels below with uncertain direction and distorted incentives to ensure your direct team gets recognized for performance, rather than contributing to organizational success. I was laid off, after having to personally lay off multiple employees in my direct team in prior rounds. I could have made the case to keep them, but equally could have made the case to terminate. The nature of the Morgan Stanley process is that you are forced to confront making very difficult personnel decisions, and philosophically the firm has decided it makes economic sense to do so. I had already lost passion for what I was doing, despite being well compensated. I expected to be dropped, having held on for the sake of breathing room to find something else. It is a difficult experience, but I realized quite some time ago that the culture of this firm was not for me. As with any firm, there are good and bad people who work at Morgan Stanley. The worst are those who have no empathy for those who were impacted. The best are those who recognize the difficulty of the situation and offer to help those who were impacted. Business is ruthless. Learn from the experience and find an employer that shares your values.
I just find it fascinating that I had the same manager for 4 years, meeting expectations then suddendly says I need improvement then I get fired. Seems like multiple instances where this has happen and it is uncommon in MS. That is why I am worked up, because MD and ED says oh 3 days a week in the office, but my teammates or other teams never show up and they are still working there. I went in the office 3 or 4 days a week, because I lived right next to the building. I got fired, its just office politics. They change the 360 reviews late in the year where I had a great mid year review then suddendly had one "Needs Improvement" in my 360 then I get fired. It seems odd, with the thread about coffee badgeing. Why some people get special treatment and this guy had HR come and explain to him about the policies. The only theory I came up with was that I called my manager out when having a call with his boss which is a ED that no one was coming into the office and that other teams were not. I told if there aren't any consequences then what is the point. Seems like retaliation in my 360s, but I can't prove it. Seems odd that is all.
If are a high performer [...] you have nothing to worry about
Yes? If you weren't then what's wrong with firing you? You aren't entitled to pay just by existing. If you performed your best and still got cut that's the way it is. Nothing you could have done. No point working yourself up over it.
Man how nasty people are. Why are you asking? If are a high performer or like kissing manager's a** then you have nothing to worry about. People like you is what makes MS a horrendous place to work in. I got fired, but at least I am not someone's b**h.
Dead quiet today
So were you fired? You said your manager was ignoring you. Still ignoring?
I would not be saying trolling. I was the op who wrote the Maybe layoffs thread a while back and people said I was trolling. Look at the situation now.