#leadership

This last leadership in action call with JF was pretty comical. They had the usually "woke" testimonials from the usual suspects. Talked about wanting to build a "culture" at State Farm but were also basically bragging about all the people they have run off or in their words this was "not for them". Happy for them that they moved on. LOL! You can tell these are clueless re--rds living in Bloomington that don't fight the traffic, crime, and ghetto workforce that we all have to tolerate. That is the "culture" we have now. JF and his cronies are putzsss! The day this company shuts the doors the better of we the world will be.

What is taking so long???

At what level knew or contributed to the layoff list beforehand? L8? VP? SVP? President?

Who made the call???? Who do you think really made the call on this round: MF, BC, or the board? Or someone else...

If Jamie Dimon thinks that coming to office 5 Days a week is good for all of his employees then you can be sure that his bff Charlie thinks the same way. Maybe that $3 billion dollar tower on Park Avenue was built for Charlie when he takes over his 69 year old mentor’s job soon.

So out of touch.

Before Edward Jones started handing out pink slips and demotions like candy, there was supposed to be a real conversation about pay. Leadership told us they were reviewing pay grades firmwide and that the process would take about a year.

Instead of following through, they turned around and started firing people. Just empty smiles and “tough decisions.” And now everyone seems to have forgotten the original issue. We’re still the lowest paid people in the entire finance sector. That’s the part they don’t talk about in the press releases.

They didn’t fix the pay ranges. They buried it under layoffs, reorgs, and canned speeches about “efficiency.” The truth is simple: this company had a choice between paying its people fairly or protecting its executive bonuses. And they made their choice loud and clear.

How can these people sleep at night?

Resorting to low attacks bc why not, but did we think we’d be safe when the incoming CEO can’t even tell the abomination that is his horrible balding pattern? Targets doomed if the incoming CEO can’t even see the problems directly in front of him.

I liked JC, he obviously got replaced for someone cheaper.

Was there some other story there?

This week I had to travel between three office locations. I’ve never seen morale so low across the organization. I found employees to be shockingly unrestrained in their criticism of management. WF has a real problem brewing, and I hope they are prepared for the inevitable fallout.

Just know that if you’re feeling squeezed by the new mandates, you are not alone.

Lyondellbasell has terminated roughly 85% of its IT (or Digital buzzword) staff (originally announced as 100 employees but real numbers are around 300+) that had 8+ years..with the company in an effort by an ex-Shell fool named Kayoor to outsource American jobs to TCS outsourcing Indian shared services, keeping only Senior leadership and dozens of 'directors' that are solely responsible for saving their own jobs ' and not the ones performing the actual work for the company.
Claiming they want to industrialize utilizing AI , these individuals have adopted an old model of cheaper, less experienced and less knowledgeable workers hoping they can recoup money lost due to a CEO thats agenda was to make a plastics ccompany not develop plastic.
Lyondellbasell is circling the toilet bowl.

I genuinely believe Target generated the wrath of too many people, and this caused its downfall, unfortunately innocent people who have not been involved in these terrible decisions end up suffering. As an ex employee, my treatment was absolutely horrendous and nobody on my team spoke up. I came to Target, thinking I was working for a really positive, forward looking company when in reality it’s an organization filled with yes people who are scared to speak up because the status quo will not allow it. As soon as you speak up you become a targeted individual that has no career path. I genuinely hope a new group of leadership can take over and make things right as the current leadership cannot do this. Rinse and repeat will not save Target. Investors have already signaled this, but of course why not continuing ignoring them.

Investors had grown frustrated with Mark Barrenechea's ego-driven acquisitions that bloated OpenText, diluted focus, and buried the company in debt. His exit was overdue, and the board's failure to act sooner led to a loss of investor confidence. With new directors stepping in, the reset has finally begun.

Since the leadership change, the stock has rebounded roughly 13% and investor sentiment has shifted from scepticism to cautious optimism. The message is clear — the market believes a turnaround is possible.

The next CEO will have a mandate to streamline the portfolio, divest non-strategic businesses, and rebuild discipline. Expect a leaner structure, renewed focus on innovation and profitability, and tighter execution. AI-driven efficiency will help reduce costs, while those unwilling to adapt — or who feel entitled to a job rather than earning it — will be replaced.

OpenText's best days could still be ahead — smaller, sharper, and stronger than before.

Anyone else find it funny that they are using the excuse of making faster decisions to justify the layoffs? To the people at the top, the time it takes to make decisions isn’t the problem, ITS THE DECISIONS THAT YOU ARE MAKING THAT IS THE PROBLEM!! Dei, pride, every decision they make has been wrong! But they get to stay and we get to suffer lol.

https://finance.yahoo.com/news/t-mobiles-incoming-ceo-att-is-taking-potshots-because-its-under-pressure-152258495.html

So much for that new campaign those smooth-brains on the Q3 Earnings Call were so excited about.

Wish we had a CEO like TMUS

Anyone else fall asleep during the meeting? Lots of taking heads and not a lot of substance. Does anyone have any questions? Please ask us a question.

Yesterday’s memo saying “effective Tuesday, 1,800 people will be laid off” hit me hard because of the timing and the lack of clarity.

Why announce something like that on a Thursday and then expect everyone to carry on as usual until Tuesday? The uncertainty is exhausting. It affects morale, focus, and the trust we have in leadership. And to do this right before the holidays feels especially disheartening. We work here. We contribute. We care. We deserve to be treated with respect and compassion.

I truly believe this could have been handled differently. Private conversations with impacted team members, or at least a clearer timeline, would have shown care and transparency. Providing support for those waiting and acknowledging what this means for real people and their families would have gone a long way.

To everyone still showing up and doing their best right now: you matter. Your work matters. This moment is difficult, but you are showing strength and professionalism that leadership should be proud of.

There is a lot of uncertainty about which departments will be impacted, and I honestly do not know what will happen. Many are wondering if the Service Delivery Enablement umbrella, including TES Operations, Resource and Ops Enablement, Workforce Management, Project Management, Global Business Integrations, and Quality, are safe. Much of this work is being shifted to TII, but there are already challenges with execution that are not being discussed openly. TII is being given a pass because they are more cost-effective on paper, yet the true cost is being felt by the people who built the systems, processes, and culture that keep this company running. It is painful to watch valuable knowledge and commitment being replaced by cost-saving metrics.

We deserve better communication, empathy, and honesty. And for now, all we can do is continue to support each other and take pride in how we show up in the middle of so much uncertainty.

Naturally tons of rumors going around. Listing below things I have heard that I feel relatively confident in based on my sources.

• IM & Planning combining. Potentially leading to middle management cuts?
• A&A combing with another pyramid, likely home?
• F&B and E&B combining.
• L8+ have been told to relocate to Minneapolis. Already hearing some will not be returning to company.

General Numbers (from WSJ & internal)

• 1,000 layoffs, 800 job posting eliminations
• 80% of layoffs will come from US HQ
• Leaders will have 3x impact vs individual contributors.
• Would lead to estimated 600 leader layoffs, 200 ICs.

Hearing layoffs all the way from EVP down to L5. Top of pay range relative to level likely highest risk.

Assumptions are merch will be hit hardest, with likely impacts to planning as well as support roles for all functions.

Curious on the validity of all of these rumors. Like I said, I feel pretty confident in them but curious to what everyone else is hearing.

Feel free to use this thread to discuss the strong town hall presentation from our leaders.

Please Clap!

https://journalrecord.com/1997/07/17/walter-leaves-att-after-fallout-with-allen/

If there’s no real strategy or bigger plan and, more importantly, if leadership can’t adapt effectively to fast-changing circumstances, none of these layoffs or reorganizations will mean anything. My confidence in their ability to steer through the turbulence is very low.

soooo if leadership roles are affected at roughly 3x the rate of ICs, what is the target span-of-control after consolidation

a decade+ of bad calls have wrecked the org. period...

Merch is an utter mess. It used to be elite - now it is junk. sooo hard to see how they recruit.

The brass tanked the stock valuation with suic_idal blunders.

With Michael taking on more as CEO, they’re bringing an outside team to lead enterprise acceleration: Thelma and Louise

Why would this be happening especially with HR?

https://www.washingtontechnology.com/companies/2025/10/saic-parts-ways-ceo-toni-townes-whitley/409034/

Anyone know what's going on?

Blake has ruined the company. Sure. Stock price is up but so is everything. 2 years ago, there where 9000 NEW people and all the GOOD leaders had left. BECKHOFF and Siemens are delivering way more new products. Blake keeps overpaying for underperforming assets. The board is worthless.

We were a well oiled machined when I ran Operations.

This zero-innovation management team would be gone yesterday, and employees at all levels (management are also employees) who think spending 8 hours a day being in an office building translates to 8 hours a day of productivity would be culled in favor of those who understand 80% of your results come from 20% of your effort.

Effective employees avoid the other 80% of effort because it's almost always useless. AI could hold an earnings call and draft a better earnings email than any of the current management team. It would certainly sound more professional than WF's Chief uhm-ahh Officer.

Stop! Just Stop!

We are all just complaining way too much about friggin’ everything.

Hug your spouse or partner. Hug your child. Sh1t, hug a stranger and you should feel better about it.

RTO - I know many of you were f&ck3d, but you gotta get over it already. Even us who had to relocate or are still under the threat of it. We all have choices even very tough ones.

RTO - yes, I wish there were much more respectful facilities and dedicated space. But the f&ck3rs decided not to step up and do so.

DEI - you gotta be kidding me. These “others” have been royally f&ck3d forever and you all are still b1tch1ng. They’re just trying to survive like the rest of us.

Leadership - I can’t explain how or why Stinky got the CEO job given his fingerprints all over really bad decisions but that’s how most corporations work.

H1B and Outsourcing - sure, they took some jobs but probably better for our country to get good talent in here. And, they’re just trying to survive too.

Libtards - yeah, they definitely over rev on “causes”, but they do mean well. Trying to help the have nots.

Conservaschmucks - they care too but come at it from a different perspective. Teach someone to fish but not endlessly give fish.

Just be friggin nice. We’ll be better for it. It is what any decent person would want.

And that’s all I have to say about that.

Ranked in the top 5 of employers in all the major magazines? That sh-t was all over circuit…posters…guess they aren’t publishing those numbers any more. Andy is rolling in his grave. Took a little time, but I found something in two months, better pay, normal work hours. No more 9pm task forces 7 days a week. 6am factory passdown, that you then go have to repeat in 4 other meetings before noon. Go to work, do my job, and go home. At Intel work-life balance just means If Intel isn’t your entire life, you don’t get to work there.

So fu--ing sad.

Some VPs and SVPs got laid off yesterday and today. Anyone know who has gone so far?

Unfortunately those impacted will likely be the team members who actually do the work. As a former Target HQ employee of more than a decade, I can tell you to look at SVPs, VPs, and Sr Directors who have no investment in the team in Minneapolis and no interest in returning to the office despite what they expect of their working teams. They are where the culture and the ROI breaks down but it will likely be the doers that pay the price for their leaders lack of clear strategy, general disrespect for the Target team, and disconnect from the Target consumer. Tip for Target, clean house at your leader level and watch your working teams thrive again.

Even with stock buy backs!

Are there more Acqueon layoffs coming?

thank you for your attention to this matter!
https://seekingalpha.com/news/4507696-unitedhealths-optum-unit-cfo-depart

Can we all just agree that the upcoming layoffs are noting more than CP being greedy?

Who makes the decision on who gets cut or not? Directors? L7s and L8s?

Saw a comment about a Sr. Director say to their org that they didn’t know and was blindsided by the news. I personally don’t believe that

Well the Train Station looks nice, but is a money pit for taxpayers and Ford. There are supposed to be. 5,000 w2 employees working there today, nowhere near that.