Thread regarding MetLife Inc. layoffs

Met SLT/ELT: do they know how bad it is?

Everyone I talk to says how burnt out they are.

Between workloads that double or triple because of layoffs/bungled software rollout/sh---y management decisions, flat raises/depressed AVIPs, and leadership teams infighting - it just seems that everyone that's below the level of a director is just spent.

I count myself as incredibly lucky as my direct manager is outstanding and I have had conversations with them raising the above issues. They've been very upfront with me on these issues, but let's be honest, they're a little cog like me.

Does leadership know how unhappy their workforce is? Do they care?

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| 2621 views | | 11 replies (last February 13, 2022) | Reply
Post ID: @OP+1fdLlwMS

11 replies (most recent on top)

@3ibl+1fdLlwMS

Oh I'm sure 3% is a valid number somewhere.

With that said, I have first-hand knowledge that attrition in many business units is FAR FAR above 3%. I can't name any business units, however Met is definitely aware as they're getting ki---d in the costs to replace all of the employees that have left. Mind you, these are employees that HAVE to be replaced.

It's in the millions of dollars and I guess it's finally risen high enough up that they're trying to do something about it. It being losing money, not losing people.

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Post ID: @4ygg+1fdLlwMS

@1zdu+1fdLlwMS I agree it sounds like BS but there's a post on Yammer right now from HR claiming that. It made me scratch my head at how that number was arrived at.

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Post ID: @3ibl+1fdLlwMS

@ikf+1fdLlwMS

3% is a complete and total fabrication.

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Post ID: @1zdu+1fdLlwMS

Forget rto
You want to come in then come in... If not stay home

But the vaxed don't want the vaxxed in the office

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Post ID: @1mjz+1fdLlwMS

supposedly turnover is only up 3% from its usual place last year. maybe everyone waiting for avip before jumping ship.

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Post ID: @ikf+1fdLlwMS

Strong, respectable leadership can't even say a darn RTO date. What the heck is going on here? Looks like they ran out of gas....

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Post ID: @tlb+1fdLlwMS

You can disagree all you want. For the last 3 or 4 years I have absolutely laid into all leadership in those survey. No repercussion, bonus and raise exactly what I would have expected. You really have to cross a line for them to go track down who youare.

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Post ID: @jnz+1fdLlwMS

I'm gonna have to go ahead and disagree with you (@jzo+1fdLlwMS) there on the surveys.

Less than full candor surveys and non-participation in the survey isn't the problem.

First, despite what black jacket said in her article that they posted on MyMetLife recently, MyVoice only promised "confidentiality". She implied in the article that they were protecting the "anonymity" of the employees. Big difference between anonymous and confidential.

Second, if the executives believe the surveys, they don't deserve to be executives. They can easily look at real data like attrition. Each manager should have the pulse of their group and shouldn't need a survey to know it. That's part of THEIR job.

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Post ID: @lym+1fdLlwMS

If its not a question a Wall St. analyst asks then they don't care.

Thanks to all the dolts who give positive feedback on the surveys in fear of being identified though, you people make the situation way worse giving leadership false hope. Or the ones who don't take it at all.

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Post ID: @jzo+1fdLlwMS

But, but earnings are up!

We're getting 40% returns on our investments.

So no, we don't really care who is burned out as long as you all don't make the MyVoice survey results look worse than our peers.

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Post ID: @sze+1fdLlwMS

Let's question the many undefined and bloated AVP roles within the organization, as they truly do nothing all day, every day. There's the cost savings right there, EG! Let's lattice these AVPs back into the trenches and give them some real work to do.

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Post ID: @zkm+1fdLlwMS

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