For the SVPs and VPs that were notified, what happens to their roles? Do they just get replaced with someone new? Do their teams get moved under other SVPs or VPs?
8 replies (most recent on top)
@a6 who?
@a8 Is that obvious or has already happened?
@a6 who’s your SVP?
combination of reorg / combine / down-rank
the goal is to reduce the number of people in EACH BAND
you'll see the announcements of more SVPs leaving, and the announcement of the EVPs that are out. A couple of those are painfully obvious (Stacy, Kyle), but since Dan wants to bring in two or three more of his buddies, obviously a few more folks need to move on to spend more time with all of their money...
only Sampath and Tony appear safe (they just signed retention agreements)
Re-org. If you're trying to save on cost, I doubt they'll replace.
My SVP was cut last week and his replacement’s already been announced.
Musical chairs and then they hire new people to become bloated again
More than likely a reorganization and shifting around