Will there be layoffs in 3rd or 4th quarter after RTO attrition and after-bonus retirements? I’m thinking the aforementioned won’t be enough to avoid layoffs.
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@ek was written up in December for now reason. No raise or bonus. Been here 30 years , more or less started departments at this company.
this year was definitely a slap in the the face.
@df this is exactly what they’re doing. Coaching memo, low rating, affect raise and bonus. Hoping you will quit or they will eventually get rid of you without severance for s*cking so bad because of course it’s YOU not them.
@e1 Basically
@d7 does “alignment exercises” mean layoff list?
Seems they aren't doing layoffs but are instead calling people out for small things to try and build a case to fire them. Apparently I exceeded expectations and got the rating but I am told I am not meeting expectations due to some cherry picked events that had other factors at play and was told to be careful. Just be honest and give me a severance package. I don't mind making this stuff public so Schwab has a hard time with recruitment.
@a2 This tracks. PLs seem to have received instructions from the top to start tracking IC KPIs and attendance patterns more closely and to put on coaching memos as needed. If they want you gone or want to withhold your bonus, they’re going to start finding reasons for it.
@a2 PL. There’s no communication about RTO 4 enforcement being different from 3. There is a list from last year’s alignment exercises. Staff and managers are on it or not.
Plans have been made names have been submitted now we just wait. Attrition is just too low and if some don’t leave they will make you.
Preparations already underway. There will be increased scrutiny of badge logins, and how they match with what days you said you were WFH, on vacation, or sick. The plan is to crack down on people not showing up at the office. Fast and hard! Good luck!