#employeerelations

I couldn’t be more queasy about that whole boondoggle circus in Vegas — dragging out the new execs like show ponies, trotting them around in some desperate song‑and‑dance routine for clients, flogging “new products” that any serious person would laugh out of the room. Absolutely stomach‑turning watching those mercenaries Mike and Takis hauled in strut about like they’re the future of the company, when half of them will be gone before the dust settles, leaving the wreckage behind like it’s someone else’s problem.

And honestly, the LinkedIn boot‑licking from the SVPs is even worse. Reposting every blurry moment from Forum like it’s some historic global summit, all just to kiss MC backsides and prove their undying loyalty. Pathetic, the lot of them — parroting whatever the latest corporate catchphrase is. “Double‑click on this,” “finish the swing,” all that drivel. It’s like they hop online every Monday to see what the biggest su-k‑ups are saying so they can copy it word for word. Watching from a distance and having a good laugh. Have some self‑respect, for crying out loud.

And you ever notice who these people are? Divorced, middle‑aged blokes and women, or married but outsourcing the raising of their kids — yet they never forget to post that one annual holiday photo with the children to pretend everything’s normal. What a life.

Let’s not even start on how much this Vegas stunt cost. I’m sure it’ll have the same impact as Investor Day and that Town Hall where Takis bragged about going to the NBA Finals the night before — as if he could pick a basketball out of a pile of sports gear.

Another IBMer in a PIP today. Anyone else is in PIP?

Why isn't AT&T cutting the pay for all remote workers?

Guarantee you 90% would stay even with a 10 to 20% pay cut. Make it happen and stop torturing the rest of us. The expense and inconvenience of commuting 5 days a week is outrageous.

Funny how when I was giving my supervisor advice on crypto and trading strategies we were the best of friends the second money stopped coming in my audits picked up and that “friendship” faded and I was switched off the current team

Any news about new round of RAs in September?

I was put on a PIP today in France... what should I expect after meeting PIP's goals?

My Manager rated me 'needs improvement' and provided some comments after giving me additional work due to allocating more work after laying off a colleague year back. I used to have good ratings during previous 6 years with successful meet expectations.
Are these managers not trained, or what legal advice can I take or who should I talk to? EU employee.

Yet again, Fiserv shows just how much they care about their employees. Guess the people who used it need to figure out how to get to the office for that oh-so-important collaboration on their own come September.

Those of us designated NSI, for performance reasons, politics, or just because some freak Project Manager with the stupidest hairstyle hated you, what are your thoughts during this 21 day decision period?
What are you likely to choose and why?

I can't prove it but it's what I think. When Alex was brought on as CEO, everyone was like WTF this guy is at best an EVP at PayPal and definitely not CEO material. Enrique joined the board in 2021. When it came time to hire Alex, every board member was not on that search to hire him/her. It was only Ann Sarnoff, John Donahoe (then the chair), David Dorman, and Enrique. It ultimately did go to a full board vote but Enrique was on that initial candidate review team of four that narrowed downt he list. Eleven months after Alex started, Enrique becomes the board chair. With Donahoe, shareholders voted for him. With Lores, it was not done that way. He was appointed via a governance committee. About 1 1/2 years after Enrique becomes chair, Alex is sacked and Enrique is appointed.

Writing from me but data below from ai research and SEC public info discovery.
Alex Chriss (2023) vs. Enrique Lores (2026) equity when hired:

Regular RSUs: Chriss $16.75M | Lores $16.5M
Performance RSUs: Chriss $17M | Lores $16.5M
Make-whole RSUs: Chriss $10M | Lores $20M
2027 RSUs granted upfront: Chriss $0 | Lores $11M
Special stock-price award: Chriss $0 | Lores $25M

Total listed equity: Chriss $43.75M | Lores $89M - dan's comp was less than 30 million btw. Now you tell me how important WE are in this equation? We are not. I've never felt so disgusted with a company.

finally, one more question, why tf was Enrique's comp almost doubled over Alex Chriss? I also looked at his compensation at HP. our equity package was 4x that what he had at HP. something is OFF with all of this. this is what I am doing instead of working as I wait for the axe to come down. go to h*ll PayPal.

Please? I'd give anything to be shown the door with severance. I've grown to absolutely hate this place.

I am going heads down for the next 12 month until things get worse. We should lose EH in about 6 months.

It's not. Everything has shifted, the economy, the industry, the expectations. We don't have to like the changes, but complaining about them is fruitless. You have two options: adapt or find somewhere that still fits who you are. Which you might find out is not as easy these days.

Just got my Zoom meeting. Final separation date is Oct 23. Severance is salary/benefits/vesting through separation date plus 2 weeks of On Target Earnings (min 8 weeks) for commission employees.

How ya'll doing? Anyone still standing or did they entirely replace you with AI? How many roles are rolled into one now? First, it was Oracle ONLY hired law school graduates for these roles and there was a very structured (for good reason) process for O contracts with a checks and balances system.

Deal Managers who project managed large $$ value, complex deals, working with Deal Specialists who assisted with first-line draft of CPQ quotes and standard T&Cs, with SalesHelp and Deal Desk separately assisting Sales with building quotes, structuring deals, and creating DAS approvals--all with different groups for the different LOBs. Then they cut numbers and had folks do ALL LOBs.

Then they collapsed DM/DSs into one role. Then they rolled in SalesHelp and Deal Desk into that role. So, essentially four roles got rolled into one. With increasingly reduced headcount, lots of turnover, NO pay raise, incentive, or even a "thank you"; rather, it was "be grateful you didn't get the axe yet". Not only did they not pay us more, they took away the source of the majority of why most of us stayed at O--overtime. They cut that. So, people went from doing one job and making significantly more money, to doing four jobs making less money. Hmm.

Not to mention management. I had five different managers in just over two years and not one of them did even a mediocre job "managing". They had NO idea how the ins and outs of contracts actually worked and could barely answer basic questions. In fact, they were always the ones coming to their reports to ask for explanations to give to their higher ups. I have no idea why some of those middle-management jobs were not cut.

But any who, if you need an idea of how severely underpaid you are, check out any other company hiring for a Deal Desk or Contract Manager position :)

Looks like SSNC health is hiring cost center representatives at Mumbai India for the first time they are traitors to their own country. They just sent out a welcome new associates communication and I looked them up and they are in India. It’s bad enough that they are using AI now now they do not hire Americans anymore.

Many senior employees in chandler doing the badge and leave in Arizona with zero consequences. Intel can’t figure this sh-t out

I’m hearing talk of VSP’s being offered to Verizon retail corporate store employees very soon. How is this possible when every location is adding headcount and jobs are being posted ?

Has anyone felt that they or another employee have been discriminated against for either age, gender or religion?

Half the remaining US customer service was laid off across all brands due to "restructuring" with zero notice given. Those of us left are being trained on all brands.

My whole team in Europe is on PIP...

We were put on a PIP after being classified as low performers. There are about 15 of us, and we don’t know why we’ve all been put on it together. We assume the idea is to fire us afterward, since we haven’t been given any further information other than being told to meet the PIP objectives. However, we’ve been hearing rumors that we’re going to be fired in a month.

Sooo I have been on a STD Leave of Abscence just got a random email that my workday etc all terminated ... i got notification about spectrum reach all of that.. sooo what the heck did i get let go?

I'm wondering how log do PIPs last in Europe? (1-3 months?) After the PIP what should I expect?

Located in a core location and received IM for mid year. Does ageism play role in this? I ask because like many others I have been a top performer but i am 59 years old. Does this mean I will be layed off soon or is it worth making effort to raise the score for year end?

Anyone feeling that all of this new AI agent deployment basically means it’s going to eventually replace all of us at the ground level? That town meeting today was very uncomfortable & felt like they were dancing around that issue.

Hearing maybe something at the end of the month. Anyone else?

So much for cost savings in technology. Everyone from Europe and NA in May lost their jobs to pad this guy's payroll.

Hey man we just want to let you know ELT how we all feel about you. If you are truly like Ted Lasso then you should open your ears and eyes and actually hear what we are saying and how we feel about the company right now. You all are the most hated ELT in the history of the company so from all of us:

🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕

Here to shear that there is a massively supportive corporate level campaign to monitor and manage compliance with the RTW mandates. This includes the 5-day requirement for employees who have always been assigned to an office to badge in five days a week, and the January 2027 requirement for former remote employees close enough to an office to work 5 days a week in office.

Leaders are cautioned to monitor dashboard activity and use non-compliance for employee exits. HR is also monitoring aggressively. If you have an under table agreement with you direct manager, HR is overseeing it all. Plan accordingly.

One of Fauci's associates just pled guilty to conspiracy and covering up what they were doing.
None of what is coming to light bothers the covidians or the people who targeted and fired the unjabbed. Or, worse, they made you get jabbed and then laid you off a few months later, anyway. No remorse, no conscience- nothing but silence. Astonishing.

Seriously, if the comp. is going down then why are they hiring?
OK, they remove the employees with high salaries, give more work to those who are still there, but then still hire new ones (obviously less pay) does that mean the teams that are hiring are not being affected by layoffs?
Or are the employees that are being given more work complaining so much they actually decide to hire to help them?
Maybe I will be answering my own question now, maybe they are hiring to laying off regardless what happens... Meanwhile the newly hired employee has no clue he'll be let go soon.
Anyone know if this is the strategy they are doing?

I have never met a bad person that got RIFFED. It was always the nice ones that were at or close to retirement . People look at it as a punishment but in reality it’s the company way of rewarding the good ones . The truth is everyone I know wants that package but too bad the company will determine who is deserving of it .

Did Macy’s recently change their policy about having personal belongings at the registers? In the store I work we can’t have our clear bags at the registers. The bags have to be put in a locker.

I’m curious what percentage actually took Cara up on the offer to uproot their lives and move to Minneapolis to serve their bullseye overlords

The amount of people in a management position without the slightest idea of what being a manager means is incredible. Directors that continue to belittle and undermine their managers and direct reports, creates a toxic environment that manager then replicate on thier own teams. I have never seen so many people paid to literally do nothing. Managers spend more time in their cars running errands while attending calls that actual doing the jobs they are paid to

☕ Coffee? Check.
📅 Calendar? Check.
😰 Existential dread? Check.
👔 Manager + HR meeting? Oh… sh-t.

Good luck to everyone tomorrow as we gather for that very special corporate tradition known as “Career Roulette Thursday.”

Remember, no matter what happens, your company has a carefully prepared plan for your future…

…it just may not include you. 😂

And somewhere in India or the Philippines, someone is already polishing their résumé.

May the odds, the severance, and your remaining PTO be ever in your favor. 🍀