I am a manager and I can assure you that many of us know any more than non-managers about what is going on. We learn about layoffs with a couple days notice. And we are supposed to justify the decisions and keep our teams motivated. Please don't confuse TR execs with your manager. Many of us are losing our jobs and being demoted in the quest to "flatten" the organization. These moves are being made randomly with no consideration about how this is hurting customers (while ironically saying the reorg is to improve service to customers).
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So the org charts are up. Anyone know when the rest of the details are going to be revealed ie who is minions will actually report to? January? When exactly in the first quarter?
What is MIP'd?
For me there is no point in flattening an organization for cost savings and efficiencies if the same leaders making the same questionable decisions remain in their roles, and at least the same generous salaries and benefits as before. There are a lot of execs who remain but who should have been booted out the door for bad leadership and bad decisions for way too long. Their jobs and more importantly their titles and prestige and exec benefits remain intact.
But seriously, what big changes actually have been made? That we can try and cross sell products? That we have grouped our customer base? Is it just me, or does anyone else think it is embarrassing to say to customers that our big news is that we are now structured our business around our customers? As a customer, I would ask why I wasn't the company's focus before.
I have a job today, but in this environment, that means nothing. I'm keeping my options open because I expect that the best case scenario is that I'm paid the same and that I'll be told I'm lucky to have a job at all. All this flattening means zero career growth. They've set this up to reduce employees not just by laying them off but also making the environment so undesirable that we look elsewhere. Really demotivating environment.
That makes sense. But at some point there will be accounting of why manager-indiv contributors are making more than indiv contributors.
Will there be flattening of salaries? That would be some bs. Look just give my severance like the others and I’ll be outta here.
I have heard managers are being given titles that are considered individual contributor level, to fake out the new "flattening", but still given a title that is MIP'd, and still acting as their current position, so the directors and execs can keep an arms length from the working employees.
I'm betting people managers are going to be asked to take a pay cut.
The people managers in my group were told 1 hour before their reports were laid off. As a people manager, I am wondering if ee’ll Be asked to take a pay cut with the reorg? Does anyone know?
Regardless of their titles, there are people getting forced out and fired that have spent years, in some cases decades building some of the great products and services that TR has acquired over the years.
The customer relationships that have been built over the decades are being p-ss-d away and they don't realize it.
The execs are clueless.