Took a couple weeks to learn of a laid off team member.
Seriously?
We can’t announce those departing? Flag in Teams or WP?
It shouldn’t take weeks to figure out that somebody is gone and another needs to take their deliverables. It’s almost as if the output doesn’t matter.
It seems like, on this forum, that the more technical you are, and the worse your spelling and grammar is, the more negative you are!
Why is that?
It is scary how gullible people are!
Every one is smart until they are not.
Seems you are to naive.
It is scary how gullible people are!
The only way to be "safe" on today's job market, is to continuously develop "marketable skills", skills that are valued by other companies in the industry.
That way, if something happens, you quickly get another job.
Many do not get that this is THEIR OWN responsibility! When they get laid off, and have not developed any new skills for a decade, they are surprised that they are "outdated" in the market!
Correction - object API
Long term STS here. The bottom line is if the right people/person want you gone, you will be gone. Doesn't matter if your great at what you do or if you're just holding on. The problem is the decision makers have no clue what the ramifications will be afterwards.
"I watched good people get shown the door or made miserable. God how I wished I’d be shown the door. I’m one sabbatical away from my resignation.
But don’t proclaim that keeping one’s skills makes them safe or that those who don’t lose their positions. That’s just plain wrong."
There are two types of people.
Those who can extrapolate from incomplete information.
Yes, there are many who hold positions with atrophied skills. They tend to be managers and executives, however. Most engineers, including those on my team, want to drive their knowledge and skills.
Those who don’t? Consider the CTO who proclaimed years ago that we should move all storage to object. Guess they met a vendor or saw a PowerPoint slide. It didn’t matter that NAS and SAN are critical platforms. Didn’t matter that object lacks functionality. Or even that we wrote our own NAS API.
Technical people told him that the objective of moving to all object was flawed. He got rid of most of them. They were right of course, and they’d kept their skills up. We would soften the all object storage message years later. We took outages because of the distraction and bullying.
I watched good people get shown the door or made miserable. God how I wished I’d be shown the door. I’m one sabbatical away from my resignation.
But don’t proclaim that keeping one’s skills makes them safe or that those who don’t lose their positions. That’s just plain wrong.
There are two types of people:
Every ONE think they are one, but one day they realize they are not even 2.
Hopefully you are in the trap or near the trap.
Why would anyone take on more work is beyond me. Just pass it on to others all the way down, left, right or sideways who cares.
Happens often at Schwab. May be its the old people who aren't great at anything let alone communication.
There are two types of people:
Most people here seem to be type 2.
Do people actually think that companies have to provide them with a job, no matter what? That they are ENTITLED to a job, and that they are the center of the universe?
Wait for some time , you will regret your words.
Many of , I knew were decade in Schwab.
They had family look after, I always told them never trust your company and co-workers, No matter how good they are with you.
They will the first to push you when you are standing at the edge of the cliff.
They Laughed at me.
They Saw what Company did, and they are now reading what there co-workers think, about them.
Do not think you will safe, how much and how long that question.
Do people actually think that companies have to provide them with a job, no matter what? That they are ENTITLED to a job, and that they are the center of the universe?
What a bunch of Karens! Spoiled brats! Probably got everything paid for by their parents, and think companies work the same way.
Schwab did not shed the low performers for a long time. Finally they did! Some good people got caught up in it, unfortunately. But they good people went on, and got another job. The people that never made an effort to take a class or course, never developed new skills to stay relevant, and thought they were ENTITLED to a job - guess what - they found out the hard way that the gravy train stopped for them.
There are still a lot of 3rd class directors, MDs and Managers atleast in STS all the way up to EC including EC members. I would get rid of everyone over 50 who graduated in the 90s in STS. They are really wothless people.
Perhaps. But those educated people over 50 know how to spell at least and worthless.
I suspect your ageism is hiding the truth that those over 50, and many of those under 50, run circles around you technically while being more socially capable.
There are lots of low quality middle layers here. There are lots of bad hires. And at least one terrible heier.
But age as determiner? No.
Youngsters also assume they know the goal. It’s clear you haven’t figured out their goal.
"It’s almost as if the output doesn’t matter."
It doesn't - it seems that over the past 5-6 years, only share price matters which they can more easily achieve with even deeper expense cuts, like layoffs and outsourcing. They try to provide the appearance of productivity and growth by posting cringy content ad nauseum on linkedin and regurgitating nonsensical corporate-speak on business "news" channels.
There are still a lot of 3rd class directors, MDs and Managers atleast in STS all the way up to EC including EC members. I would get rid of everyone over 50 who graduated in the 90s in STS. They are really wothless people.
When you read through the comments, you realize that Schwab laid off the right people. What a bunch of whining Karens feeling entitled!
If the people that were laid off were such stellar performers, why do they now complain about not getting a new job?
The people that were solid performers, and happened to be in the wrong place at the wrong time, moved on, retained a positive attitude, and got a new job.
Schwab is so much better off without those low performers dragging the rest of us down.
what does minorities means here?
if they are from service or visa worker, it had been the norm FTEs are given the credit.
In our team there were 3 minorities and 2 whites. Now all 3 minorities were laid off. Let me share some more details one minority used to do the work, another minority used to talk about the work and the white person was given credit for the work!
If you look at big picture, minorities are impacted disproportionately. No one in HR can dispute that fact!
Schwab is working so much better now, when they cut some of the slack. There may be some areas where things fell through the cracks, but there are so many areas where things work better as people not doing their job were cut.
I would say that another 10% could easily be cut. It would improve the productivity even more. Lots of people with outdated skills, that are dragging the company down.
Just think about it: why are so many complaining that they cannot get a job outside Schwab, if they were so great?
Explains the system failures, the exodus of clients, nothing getting done, etc. Is anyone home?
"A point will come it will apply to you also. Whom it got applied were thinking as your at one point of time."
Not really sure what this means. But, the fact is that if you think you are irreplaceable, you are in for a big surprise. People whining about layoffs probably thought they were. Or, think they are "entitled" to a job.
Things change, if you are not willing to adapt, suit yourself. No one is to blame, but you. Develop new skills, be pro-active, be flexible, or suffer the consequences.
If a person is not missed until after a couple of weeks, it was probably not a big loss.
A point will come it will apply to you also.
Whom it got applied were thinking as your at one point of time.
If a person is not missed until after a couple of weeks, it was probably not a big loss.
Also, the old "deliverables" may not be viewed as needed anymore. Processes are changed and things are made differently. Happens all the time!
It is a dynamic environment, you need to adapt!
Not trolling.
We’ve made it policy to obscure departures regardless of cause. That hurts productivity.
How hard would it be to have a white pages script, Workday process or manager update letting people know?
I honestly can’t tell if this is trolling or not. Just trying to imagine what the dynamics are like on a team where someone can go missing for weeks and other team members don’t realize it. Hopefully they were just on sabbatical or a long vacation when they were let go.
if you read old post in this forum, you will come to know
The ERA of BABY LAYOFF this going to be New Norm for a while.
One thing I have noted at least FTE are counted,
Contractor and Service People not even factored in.
Schwab lays off so many people and with such high frequency it's a full time job just to announce departures. Unless there was someone there doing the announcements but got laid off too.