Thread regarding PNC layoffs

A load of Kwap

Did anyone else notice in the Kwapcast how they're already starting to soften the language about RTO?

It was indicated that the reason they didn't go for a 3 day RTO is because they felt like they'd only be able to get people to do 1 and it was suggested that by going for a 5 day RTO, they'll be able to get people to do 3.

Hold the line, ladies and gentlemen. I think Bill D's nonsense will blow over.


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| 21 views | | 8 replies (last April 21) | Reply
Post ID: @OP+1knae8ym1

8 replies (most recent on top)

@1hc I didn’t get that impression from Bill, but my managers have said that.

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Post ID: @2tz+1knae8ym1

@np what I’m hearing in my area from out cio is that he is not going to invoke any sort of day definition, so if you have to do bus runs or stay at home when your child is sick, that’s fine. He wants flexibility for people. We will see how that goes.

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Post ID: @1hc+1knae8ym1

@t8 I can already tell you it's not going to work the way you expect. There's areas of the bank that don't work 9 to 5, let alone have official shifts...

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Post ID: @zb+1knae8ym1

@dp your post is the first I’ve read about 3 days, but whether it’s 5 or 3 or 4, there’s going to have to be some tough love on managers as a whole. They need to be fair, consistent, and objective on this. There’s been a subtle growth of favoritism over the last several years (even beyond the normal) and I’m not going to like it when people “the boss likes” continue the coffee badging cr-p and get away with it. I’m willing to do RTO5/9-5 as long as everyone else is held to it as well.

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Post ID: @t8+1knae8ym1

Where does one find this podcast? Is it on the company interwebs?

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Post ID: @qf+1knae8ym1

My division-wide communication emphasized five days, in office, starting May 4th. Haven’t heard or read anything different. Beyond the focus of “five” I’m still curious what a “day” is….. are we REALLY going to the “good old days” of 8:30 to 5, or is it more like, “what? I was here from 11 to 1 so that counts!” We’ll see, but I don’t really think the “5” is gonna be the real problem; it’s gonna be the “day” definition that drives good people out of here.

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Post ID: @np+1knae8ym1

The CEO announced 5 days in January as the official policy starting in May. Since then, nothing. No follow-up from him or any executive clarifying or expanding on it. Now the CIO is floating 3 days as the real target in a podcast.

So which is it? And who’s going to ask? Town halls don’t take anonymous questions anymore. You either say it to their face or put your name on an email. Most people aren’t doing that.

So what happens when layoff rankings get run and you only did 3? Which policy applied? Nobody can answer that, and nobody in leadership is putting 3 days in writing either.

Voluntary attrition gets them headcount reduction without severance costs. If that falls short, layoffs follow. But the cost that won’t show up on a spreadsheet is the talent that keeps walking out the door, VoiceEx scores that keep dropping, and productivity that takes years to recover. Even if they eventually settle on 3 days, people already know how this was handled.

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Post ID: @dp+1knae8ym1

People are leaving left and right. People looking for employment are passing on PNC because of this RTO nonsense. Customers aren't too thrilled by how PNC is treating the employees. As a teller I have seen customers close their bank accounts because of how PNC is treating the employees. This is going to get really ugly as we near the RTO date. The people who leave are making the job even more difficult for people who stay. If youre a shareholder you can vote no on the outrageous compensation for the CEO. Time for new leadership. More boring than brilliant.

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Post ID: @b0+1knae8ym1

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