I was both a manager and in the executive ranks with high performance reviews. I was axed yesterday. My downfall was my age I believe. I was probably one of the youngest in the exec ranks. I think there were too many untouchables (52+) in my grouping which forced them to go way up into the rankings. Got to ask yourself if you are a shareholder how keeping some of this dead weight (which will leave anyway in 3 years or less) to ax good performers to hit short term numbers is going to affect long term performance of the company. Couple this with the survivors being launched to the bottom of the treadmill rankings with additional workload, no raises, no 401k match. If oil goes up significantly next year, Katie bar the door, they will lose everyone. No sane individual will buy their “we are all about long term career here” (which some brave individual brought up during one of the executive teleconferences I was in).
Originally posted by @nxs+18dpc2Yo.