I think what’s worse than the tangible changes being made is the culture and environment it’s creating. They lack actual leadership competency to know that with any change comes a far and wide ripple effect you have to LEAD through! In the absence of that you create irreparable chaos that flows all the way downstream. Your next level leaders fear their jobs so they start throwing down hammers, those leaders isolate in fear cause they don’t know how to cascade those messages. Employees then feel the weight of all of it knowing something is going on and watching their colleagues disappear like it’s a reaping. The stress causes people to act in ways they normal wouldn’t and it’s not good! Unethical behavior takes shape, employees suddenly view their colleagues as threats - he-l even leaders do. You create a culture of every man out for himself trying to essentially save their life while dying on the inside.
Whatever your intended outcome is, congratulations MC, you effectively destroyed your workforce in the end.
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Give the person a break, they lied on their resume and continue to lie to stay employed. It’s not their fault they didn’t get caught!
@k0 Sounds like the bank's tech costs are severely bloated if a lower level developer is a fu--ing grade 19 SVP which starts at grade 18. Wow.
@hj Grade 19 is a lower level developer and is being replaced with grade 18, which is still SVP, and grade 17 which is the highest grade of VP? That grade 19 sounds like a ridiculously high pay grade for a "low level developer". That would be a reasonable pay grade for a senior leader of a sizeable team of developers. Perhaps that's the reason they're being eliminated.
There is another trend we are observing. The lower level developers 2 per grd19 were riffed. Now the same leaders are recruiting grd 18/17 in the name of AI enablement. Is this fair?
Life is good if you are a direct of a MC member or even a two down. No accountability but you can make stuff up and take credit for invisible wins. Everybody else suffers, though some won’t admit it because they are striving to get into senior leadership.
oh it will become unethical indeed. uncaged animals offshore reps will be very "ethical". i mean whats the worst that can happen? bunch of offshore reps asking you to not redeem that gift card but now they have all the resources to every american account from chk/sav to credit cards with this company.
@a7 “ The leadership in the mid levels, particularly in payments is incompetent and afraid of the successes their reports generate, such that there is nothing but suppression, backstabbing and overt discrimination against successful but not dependant employees.”
I worked in payments until I was let go after experiencing every horrible thing you describe above. It’s a very toxic and unethical division, CPS in particular.
@a7 not just in payments, sadly. I was sure we worked in the same department
The toxic environment created is irreversible and cannot be restored through ceremonial team building and other disingenuous charades. The leadership in the mid levels, particularly in payments is incompetent and afraid of the successes their reports generate, such that there is nothing but suppression, backstabbing and overt discrimination against successful but not dependant employees. Coupled with RTO, hotel seating, business contraction, wholesale offshoring and inexplicable layoffs, the environment the leadership has created is terminal and a sad reminder that leadership matters, political correctness and social concerns ki-l businesses, USB will figure it out when it is too late and the once proud entity is too far gone.