Division meeting today just ended. T.P says more ISPs coming. No number given, just the same ole same ole "transformation" jargon. Also, 700 HBAs impacted by the new RTO policy. They did this knowing a lot of those folks will rage quit or simply not be able to do RTO, leading to termination. Why is EDJ leadership actively at war with the very people who make the company home office work? It sure as Sh1t aint the GPs pulling this wagon.
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It is increasingly clear that a large portion of the operations workforce is actively seeking opportunities elsewhere. If current conditions continue, the firm is likely to see record turnover within the next 12 months. While this may align with executive intent, the operational impact and loss of institutional knowledge will be significant.
Leadership actions have sent a clear message to working staff: employees are viewed as a cost to be reduced rather than an asset to be retained. Outsourcing, offshoring, and simultaneous reductions in bonuses and merit increases have reinforced this perception and accelerated disengagement.
The decision to require new hires to live in the St. Louis area further compounds the issue by sharply limiting the talent pool. Geographic restrictions in a market that expects flexibility, combined with St. Louis’s reputation as a high crime city, will materially slow inbound talent. Meanwhile, employees are recognizing that their experience is marketable, with competing firms offering 20-30% higher compensation and greater flexibility.
I encourage people to understand what’s going on in that area….
Good work KJ. Not that she was any good at transformation other than what she read in a Harvard business review article.