Think about the people you work with. Every one of them has a distinct mind, a unique set of experiences, a whole library of skills they built over years. That is an enormous amount of potential sitting in one place. A smart company would see that as gold. Instead, most corporations treat employees like identical spare parts. Interchangeable. Disposable. If that is not a sign that the economy has lost its sense of what actually matters, I honestly do not know what is.
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@qh what does it mean when you say the AI bubble will implode?
I am biding my time until the job market improves like most employees. The AI bubble is going to implode, it's just a matter of time. In the mean time, I will collect my paycheck, learn new skills, and save/invest. Once the market improves, there will be a huge exodus of employees who can and want to leave.
@dq same same. Anywhere else (been here since 2018) I'd be a senior lead engineer or manager. I'm instead kept in my role, never exceeds or NI just kept stationary under 100k while they toss me from team to team like a rag doll doing effectively double the work.
They're on a countdown timer, all it takes is one good offer & I'm out. The writing was on the walp when Dilip got hired to replace the retiring legacy American TOS leader & sealed when Gunjan took CEO. I'll almost double my salary when I leave.
I don't want to change jobs at all, I don't mind work even very hard work, but how I'm treated & the lack of any advancement at all, no hope, no pathway forward, low pay & no intention of catching me up, there is no rational option BUT to leave.
I'm a case study in OP's point & I'm using only a portion of my faculties here. The work I do as a SWE is largely monotonous & chasing after everyone's silly changing priority firedrills game: go to cloud! Now worry about cvits, okay now this new team created a new extra paperwork process so go do that & duplicate it in our ticketing system.
Sorry for the rant, tldr: this company is run by fücking mo--ns, anyone above VP is effectively useless & running us into the ground, in a tunnel leading to of all places Chennai - pinnacle of advanced technolog
I’m moving on, taking my talent to another bank, it’s been happening and will continue, the people who can find other jobs in their market or are willing to relo will leave to go to a better run bank.
Just wait until cloud migration goes up in flames.
Same old story...consultants get rid of good talent...quality goes down....consultants leave with a bag of money...new leadership realize the mistake....start hiring good talent again....start onshoreing again...
Problem is this process takes years and lots of damage is done
@bv "I watched as a whole team of highly experienced, dedicated, and professional employees get let go because they lived in a more expensive place."
Guessing California, Colorado and ??? were the expensive places. The Irving, TX and Atlanta, GA hubs are the low pay ones.
I watched as a whole team of highly experienced, dedicated, and professional employees get let go because they lived in a more expensive place. Not surprisingly they were replaced by much cheaper, and poorer quality, contract workers. After that, I knew what this company had become - meeting the bottom line at all costs, and the easiest though short-sighted way to do that is to cut costs dramatically, even at the expense of shooting yourself in the foot
@bn most of us are biding our time waiting for the job market conditions to improve. I think most people in corporate banking and technology worth their salt are just waiting on leverage. Whether that's better working arrangements or pay or both.
I've watched so much talent, knowledge, and dedication completely wasted by management. If you are at the end of your career and holding on for a few years, I get it. I don't understand the under 50 employees who see their talents disrespected daily and never look for a better job.
I felt in the end USB prioritized talent by the price tag of the annual salary, not the skills, experience, or anything of that nature. Too many times the most junior leader is being promoted in to a more senior role, qualified or not. I imagine it’s cheaper talent. But as the old saying goes - you get what you pay for!