Thread regarding PNC layoffs

If I could have a sit down with Bill…

This is what I would say…respectfully of course.

Your employees have stood behind you helping PNC stay successful. Without us, it could not be done. Every single one of us contributes in some way. You are getting a lot of heat regarding your decision. Is this the legacy that you want to be remembered by? A CEO who didn’t care about his employees? I know you have heart, Bill. I’ve seen it.

You were so upset about not being able to reach several direct reports. If your directs can’t be reached, I’d be upset too. But hold them individually accountable, not the entire bank.

Your children are grown, I believe. If I’m wrong, I apologize. This company has alot of single moms struggling to support their children. In most families with two parents, they both have to work. Trying to juggle getting them to school and back home, daycare costs and keeping food on the table has become more challenging than ever. Most of us don’t make enough money to hire a nanny. We want to have enough time with our children to raise them well. Our children are the future businessmen and women of this country. Nothing can replace that valuable time with our children to help them grow into successful adults, make good decisions and always be open to other people’s perspectives. To always be respectful to everyone, because you never know what they may be dealing with. And when you can help someone less fortunate, you should. Be loving, be kind, be supportive.

Those that are happy with the return to office decision are ones who can afford to do so. We aren’t pushing back because we’re lazy people or big babies! Maybe there is a very small percentage that seem to take advantage. Hold those people accountable, not the employees who produce and do their jobs effectively.

Put yourself in our shoes for 1 day. Partner with a single mom for a day and see the challenges. Having to choose between paying the gas bill or putting food on the table. Do you know what that feels like? The cost of commuting whether by bus or car 5 days a week is expensive.

You’ve said how successful we’ve been before & after covid, now all of a sudden it’s hurting the company to work from home. It’s contradictive. We know there are other reasons behind your decision.

I’m asking you to consider coming out and saying you have heard how your employees feel, and maybe have us come in 3 days a week. Inform your management team not everyone can’t wtf mondays and fridays. It should be well coordinated for coverage purposes. For department meetings, everyone in person. That little bit of flexibility will go along way, Bill. Going back on a decision doesn’t make you a weak leader, Bill. It shows everyone that you are a human being who cares about his employees. That you recognized after the fact, this decision was going to cause more hardships than you anticipated. I guarantee if you did that, your employees would be much happier and so appreciative. When employees are happy at work, they tend to go above and beyond more.


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| 1236 views | | 10 replies (last January 19) | Reply
Post ID: @OP+1kf1n3gkc

10 replies (most recent on top)

@at this right here. I am also an exceeds expectations employee year after year and have been fully remote since 2018 and hybrid before that . I feel absolutely crushed and like my work/life balance ace is shot with my 2-4 total hour commute now. The very work life balance that I brought up on every survey as to why it meant so much that PNC believed in tha for its employees. Now, it’s gone out the window . Gone. As I will also be.

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Post ID: @vk+1kf1n3gkc

I really hope this whole mess is reconsidered, and I hope if it’s done sooner than later. It’s clear Bill is more than willing to lose people over his 5 day in-office dream, and he’s using this as an opportunity to thin the herd without having to pay severance. The problem with that? It’s the best employees who are going to leave. The do-ers. The problem solvers. The people who actually keep this bank and its outdated, archaic systems running. Those people are going to take their knowledge with them to greener pastures. The people left will be the ones who didn’t have any better options. Right in time for the acquisition. Good one, Billy.

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Post ID: @bc+1kf1n3gkc

@at thank you for liking my post. I know Bill is in a tough position and I really try to see it from the business perspective as well. I’m not a manager or a high paid employee. If, by chance, my comment did reach his desk, I wanted to speak from the heart and speak in a basic and practical sense. Of course I’m not speaking on behalf of everyone, but in speaking with coworkers and also regarding myself, I’m not asking to work from home every day of the week. I’m asking for employees to have flexibility. Coming in five days a week is not flexibility. What happened to us priding ourselves as having that work/life balance? He has to trust all managers throughout the organization that they are monitoring how often someone is working from home. A lot of people have said that if they do not have the flexibility from PNC within reason of course, then they will no longer offer their flexibility. I hope Bill understands that him pulling back a little with the five days only shows that he has heard his employees and he is taking action based on that. It does not mean he made a mistake. It does not mean that he’s a poor leader. It is actually the opposite because that shows that he really does hear what his employees are saying and he does care. As employees sometimes we need reminded that we are important to the organization. Everyone is so busy working that people don’t have the time to tell each other that their opinion matters and that they are important. Somehow, we have to find a common ground and I’m looking at Bill as our leader to figure that out. The five day work week is a big problem for a lot of people. It’s putting people against each other and we’re working for the same company. This is a sad time. Remember how everyone cared for each other so much after 9/11? We became so compassionate and caring, and then as time went on, that stopped. I’m going to pray tonight that Bill thinks long and hard about his decision and hopefully he’ll try to find ways to bring us all together again and unite as a company. He is the only one that has the power to make this happen.

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Post ID: @b5+1kf1n3gkc

Long time employee here (15+ years), and someone who was hybrid pre-covid and fully remote since. This is one of the best posts I’ve seen about this. Not to toot my own ho-n, but I’m a star employee. The exceeds expectations I usually receive every year would tell you this. I take it upon myself to learn new technology (I’m now the PowerBi expert in my group, and had never touched it before last year), I answer emails when I’m on PTO because I’m the only person who knows the answer, and I was willing to consistently go above and beyond even though I’m criminally underpaid. You know why? Because being remote allowed me to get my kids on and off the bus. It allowed me to use my lunch break to go to their holiday parties at school. It allowed me to not have to stress about snow days, sick days, etc etc etc. It meant everything as a mom. Now? Ain’t no way in he-l. I’ll be setting boundaries. I’ll let the place burn while I’m on PTO. Can’t have it both ways. Social media team; I know you’re reading this. Bill has a chance to reconsider. I hope he does for the sake of the company.

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Post ID: @at+1kf1n3gkc

@OP Bills nickname is The Prince of Darkness.....Google it. He earned it while at Chase.

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Post ID: @ar+1kf1n3gkc

@ag A straight line can be drawn directly from Bill Demchaks actions to the pain, suffering, and loss of millions of Americans for his own personal gain. So yeah, I'd say he's a POS.

His past isn't a secret. There's plenty of info on the horrible sh-t he's done over the years. Educate yourself.

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Post ID: @aq+1kf1n3gkc

@aj I think he’s a horrible human being.

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Post ID: @am+1kf1n3gkc

@ag no one is saying he's a horrible human being, we're saying he's an a--hole and a sh-t leader.

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Post ID: @aj+1kf1n3gkc

@a2 everyone is entitled to their opinion, but I do think he has heart. You make him sound like he’s this horrible human being. We won’t all be happy with the decisions that he makes, but when the majority of the bank is upset over 1 decision, he has to take that into consideration and reevaluate his position. Well, at least I hope he does. Time will tell.

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Post ID: @ag+1kf1n3gkc

Bill Demchak doesn't give a cr-p about his "legacy". He damn near single handedly started the 2008 financial crisis by being the first to adopt credit default swaps. He doesn't give the slightest cr-p about you or anyone else thinks of him. He cares about making money for himself and his friends. End of story.

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Post ID: @a2+1kf1n3gkc

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