Not a single management layoff...dunno whats the grand plan..
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Whoever started this post has no idea what they're talking about. Some managers WERE let go and some also EOI'd. Some were even knocked down a level.
The biggest problem here is they keep putting hi-pots into management roles that have no business being in management.
Their comp and net worth matter greatly especially to them. The LT will continue to do whatever it takes to ensure their security. That security requires a high price to be paid by the other 99% who actually do the work. And, their questionable conflict of interest does not serve the stockholders well either. So yes, it matters and it is an issue for discussion.
@2bpd+19CYv8VG Why should it matte what their net worth is?
Leadership Forum (21+) get three years severance. It’s an entirely different outlook for the “chiefs”. Different investment options for deferred compensation, RSUs, options and key employee pensions. These are all 8 figure net worth individuals.
It was an equal mix of Chiefs and Indians where I am
Only reason for this is that the ones doing the firing are gutless and spineless, . . . and also clueless about who really does what around here,
Its easy to axe the single contributors, not so much if they have institutionalized s—up skills (ie managers with mentors and hipots with relatives in the aforementioned)
And here I had hope that they finally would.
You must be new to COP. Managrrrrrs only go sideways or up. Never down and out. Technical staff are disposable like napkins. But sooper dooper managrrrs never go away. Speshully if they has a brittush axesent. They’s sooperest of all!
The fact that Will Giraud was retained should be enough proof that they aren’t making sound decisions.
But COP does not respect or listen to its technical contributors, while leadership can stagger from one mess to the next and still get rewarded - so really not surprising that nearly all the management survive
I'm shocked, shocked!