We are next. I am not talking about small here-and-there cuts. I am talking about a major round coming our way, guaranteed. Between the ongoing boycott and the tariffs, we are in serious trouble.
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The karma of dumping your minority customers stings doesn't it? You're truly, ex employee and ex customer.
Hello newly overpromoted L7. How's your core week going? Gulp down a full gallon of red Kool-Aid yet?
To anyone reading, the person habitually responding covering for top brass is making $200,000+ a year surfing this forum during business hours.
Their mindset IS how Target functions today. Working menial store job and sales down? It’s YOUR fault not the store leader. Manage one system in a supply chain or financial center and the company loses money? It is YOUR fault, not the person making $300,000 as VP who signed the service contract with a company who could never deliver and it was obvious on Day 1.
jfc yeah, keep blaming L7+ for the failures of the ICs...if you think making "shiny powerpoints with all of their accomplishments that they had nothing to do with" is even remotely true, I shudder to think how you got hired on... L7+ are the visionaries who provide the ideas which is why our career growth and pay is aligned with our impact...
The problems in my area stem from SMEs and frontline team managers saying an initiative is not ready and some L8-9 going ahead anyway. Then the project fails, people work crazy hours to try and salvage it, and the L8-9 move on to a promotion or lateral role abandoning responsibility for their decisions.
Yes, this happens at the L7 level too. Newly promoted "Directors" (who are not directors at most companies) feel the need to manage upwards and make shiny powerpoints with all of their accomplishments that they had nothing to do with, their teams did. The director has limited experience in their new job, and their team members tell them what needs to be done and what resources are needed. The director will scold their team in private, but will be bubbly in their next coffee chat with some L8.
Amazon and UHG have fully remote teams and smash earnings. The “just bring every one back in” logic of that commenter below is reductive.
The problems in my area stem from SMEs and frontline team managers saying an initiative is not ready and some L8-9 going ahead anyway. Then the project fails, people work crazy hours to try and salvage it, and the L8-9 move on to a promotion or lateral role abandoning responsibility for their decisions.
The executive level needs to hold anyone L8+ to the fire. Up or out. No more cycling these VPs who sc--w up all over the company like we are the high church of the 1500s.
The Walmart layoffs are the replacing employees with AI which every company is doing. Target is flat revenue growth with increasing cost and a demand/expectation to keep increasing the dividend. Target will be a smaller company this time next year in revenue, dividends and employees. I no longer trust Target with my career.
The company told employees Wednesday that it will reshape some of its teams in global technology operations, e-commerce fulfillment managers that support U.S. stores, and Walmart Connect, its advertising business. The changes will lead to the elimination of around 1,500 jobs, according to a person familiar with the matter.
https://www.wsj.com/business/retail/walmart-layoffs-reorganization-2abd46eb
Yeah, we're burnt toast.
Unfortunately it was well deserved considering how much resistance there was in coming back to the office where collaborators and effectiveness would have skyrocketed. Too many people wanted to work in their PJs which sunk our ship. I anticipate having to layoff 2 or 3 people on my team.