Why would the company spend all this money on surveys and action items when their plan based off of the latest Townhall and our earnings is to recover by more layoffs? The constant riffs is what is impacting morale. Not what processes need to be better. It’s the direct cause of the bad survey results. And because of the constant cuts and layoffs, the lack of merit increases AIP and ability to get promoted are second in line.
Layoffs = “Cost Optimization” on Paper
• To Wall Street, layoffs are seen as responsible financial management — reducing expenses to protect profits.
• But to employees, it’s job loss, stress, and heavier workloads.
• It looks good in an earnings report, even though it destroys morale.
4 replies (most recent on top)
What is up with the Carelon SLT rif posts being deleted? Are we hitting too close to home with the information?
@b2 Many have suggested we are already in a death spiral.
Don't surveys satisfy the board that they are "in touch" with associates and engaged with us. Smoke and mirrors - all the problems outlined are always our fault and ours to fix - never SLT - I don't think Wall Street is confident with layoffs - look at the stock price - doesn't elude confidence
SLT don't know what they are doing and going to put this company in a death spiral.