#leadership

Truist Employee Experience: “Lipstick on a Pig”

Ah yes, the "employee experience" at Truist where every town hall is a TED Talk nobody asked for, and executive leadership continues to serve up piping hot platitudes like it's Thanksgiving dinner at a corporate retreat.
"Bring your whole self to work!" they say, right after quietly slashing your budget and ghosting your promotion.
"Purpose. People. Performance." Translation: Buzzwords. Burnout. Bafflement. Bullsht
Meanwhile, we're expected to applaud new "well-being initiatives" (Mental Health post, **cough***) that involve nothing more than recycled thelayoff.com and LinkedIn posts from the Jolly Roger himself. You can slap a mission statement on a coffee mug, redesign the internal portal 17 times, and commission a 3-minute hype video of the Purpose Corner — but if morale is lower than your stock price, it's still just... lipstick on a pig.

Make a real move against a member of your MC who has singlehandedly placed his income and expanding real estate holdings over keeping the business afloat.

FIG is run horribly!

Placed on admin leave with no timeframe because "your position is under evaluation" due to "restructuring/reorg and looking to reduce costs"? Anyone familiar with this? Thanks!

https://www.instagram.com/reel/DMf0cKQN2VX/

Congratulations to the board for a fine pick! You can count on them to make the right decision at the right time.

Executive leadership could have made a significant difference with Cisco - when you look at Google, Microsoft, NVIDA, etc they have very smart technical CEOs and have been able communicate and lead their companies into new key technology trends - unlike Cisco which always seemed to be caught flat footed over the last 15 years. Having a CEO that has weak technical aptitude has been one of our Achilles heel for way too long… so many missteps… so many lost opportunities…. it’s just embarrassing and has cost us dearly over the years…..

Surprise surprise.. 20-30% avg my a$$.

My org and grade range is being cut 50%

Heartless. I bet you c***suite gets a big pay bump and bonus next year for all their savings.

The company was already struggling, and now low morale and disengaged employees are making everything worse. What the he-l happened to this place?

There’s no sense of team spirit, no clear vision, and nobody actually guiding people forward. How this place is even functioning is beyond me.

It is frustrating to watch decisions come from the top with no clue about what the teams face every day. Hans and upper leadership seem unaware of the actual workload and challenges on the ground. No wonder we all feel drained when their expectations are ridiculous.

I got cut during the last round even while hitting all my targets. Management has little say in anything and no one seems to care about employee stability. If you think your job is untouchable, think again. There are plenty of companies out there with leaders who actually guide and respect their staff. It is frustrating to see how much this place has changed.

Gunjan over Stern? Stern seems like the natural replacement.

Will be amazing if AC’e career is destroying a 100 year old company

SW's bad leadership seems to have been realized and she is leaving. Please take lady unlucky with her out the door

It used to deserve your full effort, but the current leadership treats employees with zero respect, and that’s exactly how much they deserve back.

Everything at this place feels impossible: producing executives who don’t resemble a circus act, making a profit without layoffs, holding on to good employees, fostering a healthy culture, or recovering from years of negligence. And then some.

From what I am hearing, most of folks on ISP list will be DLs.

Given the objective of cascade 2 is to reduce leadership layers, it makes sense. GPs/Directors will save their skin and throw DLs under the bus.

Skills, capabilities and performance will not matter. If you are a DL and don’t have a GP/Director protecting you, your name will end up on the ISP list.

After closing hundreds of branches through merger and project star, the latest bright idea to save the bank is to build hundreds of new branches lol. Analysts (particularly Mike Mayo) promptly p-o-p-o these plans as too little too late, pointing out the plan doesn’t actually solve for the banks primary issues.

Looking in my crystal ball, I can see in ~ 2 years time we will have new leaders whose “bold” idea to save the bank will be to consolidate/close branches.

This place has been going downhill for so long, its culture eroded so badly, that I truly couldn’t care less about how it all unfolds. I have zero respect for management, and I don’t trust the new leadership either. I don’t even believe they know what real change would require. The way they’ve treated employees speaks volumes. So if they want to cut my job, I’ll walk away happily.

Apparently our "leadership", for lack of better words, believe that none of the current employees who have dedicated decades to the company and know its people and processes are competent enough to be promoted.

HR must have been wooing the Stellantis hires long before walking the Ford employees out as their replacement are announced with 48 hours. No wonder morale is low.

We have serious organizational and leadership challenges that a headcount reduction alone can’t solve. Yes, there may be redundancies in some areas, but at the same time, we’re missing key roles that are critical to moving forward. What we need is competent leadership with a clear, thoughtful vision for where we’re headed and how we’re going to get there. Letting go of 30 people, seemingly at random, without a strategic plan to address the root problems won’t take us anywhere.

I’ve been at Cisco for nearly two years, and it’s becoming very frustrating. Last year, CPF was cut to 0.61, and now they’ve split merits and promotions, basically halving the budget again. It feels really unfair. On top of that, whenever I bring up a raise conversation, my manager guilt-trips me into believing I haven’t done enough, completely overlooking my accomplishments. I’m seriously considering switching jobs, but I wonder- is it the same everywhere? Are most people this unsatisfied at their companies?

https://www.linkedin.com/pulse/atts-leadership-crisis-arrogance-financial-collapse-legacy-gnall-9qfoc/

Today, I’m feeling profoundly grateful.

Grateful for our firm’s relentless momentum. Grateful for the opportunity we all have to be part of something bigger than ourselves. And grateful—truly—that so many of you still have the privilege of calling Edward Jones your professional home.

As we continue to optimize our operating model and accelerate strategic priorities, we are making some difficult but necessary adjustments to our home-office footprint. Change is hard. But let’s remember: not everyone gets a seat on a rocket ship. If you’re still strapped in, that’s because your work, your attitude, and your resilience have earned it.

To those impacted by this redesign: thank you for your service mindset and the seasons you’ve invested in our purpose. You should leave with your heads high, knowing your contributions enabled this next chapter. I’m confident you’ll land on your feet quickly; after all, talent rises.

To those who remain: this is your moment. Lean in. Do more with less. Embrace the ambiguity that comes with growth. Our clients, communities, and colleagues are counting on your extreme ownership. Let’s turn this into a masterclass in execution—fewer silos, faster decisions, bigger outcomes.

We talk a lot about gratitude here. Let’s practice it. Be grateful for the work on your plate. Be grateful for the challenge in front of you. Be grateful for the chance to build what comes next. Opportunities like this don’t come often.

Onward—driven by purpose, powered by performance.

but when he needs someone to run something he hires all the old folks. He brought back Bonnie G out of retirement as a consultant, and has now move Sue J to run the transformation team.

What’s the point of skip-level meetings if only 'yes people' are chosen to speak, offering nothing but watered-down opinions?

Wonder why Ford is in it's present position.

He is going to go on another firing rampage.

Flashback... apologies if you already saw it and for posting something a bit old(ish), but I just remembered this one...

(FORTUNE MAGAZINE)

https://www.instagram.com/reel/CyEBnomL1RP/

IBM’s CEO thinks AI can do his job. Well, some of it.

“There are elements of repetitive, white-collar work in my job that AI could do,” Arvind Krishna told Fortune at the #CEOinitiative conference this week.

“But decision-making, creativity, collaboration with people, empathy—those are not things AI can do,” he said.

Krishna maintained that AI will create far more jobs that it will eliminate. “10-20% of job displacement may occur, but probably 30% new jobs will be created,” he said. AI is a “wonderful technology,” Krishna concludes.

The marketing person that came from Peloton. The new logo has been nothing short of spectacular and customer growth is at a record pace. Keep up the good work and don't ever leave.

https://www.aboutschwab.com/leadership

Look at all those smiling faces!! Happy, rich & convinced they work harder & deserve more than everyone else! So proud & accomplished as they send out surveys to support planned pay cuts for everyone but themselves & their club.

Let’s vote here (where our voices actually count just as much as they do at CS):

Which EC member deserves a pay cut the most??

Morale is so low that most people just do enough to get by. I used to care a lot, but now I wouldn’t even mind if they let me go. I’ve started applying elsewhere because this place doesn’t make you feel valued anymore.

I was hoping for more answers but it was good to see who our new CEO is and he seemed okay. Any other opinions?

1. America first - Shipment of jobs to the CEO's and CFO's is a conflict of interest.
2. Eliminate the prior regime's dross - The use of consultants at Waters has wreaked havoc.
3. Use qualified ppl. for leader roles - Rewarding the LT's cronies has NOT worked out well.

I'm watching the dumpster fire with me popcorn.

How is MW's relationship with sweet Daddy T? Is it good, and is it as good as his relationship with Jim Cramer?

Both ELT and now SLT appear focused on hiring primarily through Rogers Communications’ network of associates - aka, friends.

Simply reshaping the organizational structure will not drive real change that's needed. The company is not functioning as a truly international business, but rather as one directed by individuals whose decisions risk undermining its future while their personal connections receive disproportionate advancement.

A reporter asked a Marine. "Why are Marines so good at what they do?" The Marine replied, "Officers Eat Last."

Yes, it is a common practice and a widely held belief in the Marine Corps that officers should eat last. This isn't a strict rule, but rather a symbolic gesture and a practical demonstration of putting the needs of their subordinates (enlisted Marines) before their own. It emphasizes the principle of selfless leadership and prioritizing the well-being of the team.

Here's a more detailed explanation:

Symbolic gesture:
The act of eating last in the chow line reinforces the idea that leaders are responsible for the welfare of their Marines and that they prioritize their needs.

Practical application:
In the field, junior Marines are often the ones doing the most physically demanding work and need to be properly fed to maintain their energy and readiness.

Leadership principle:
This practice is deeply rooted in the Marine Corps' leadership philosophy, which emphasizes service, responsibility, and putting the needs of the team first.

Beyond the chow line:
While it's most visible in the chow line, the concept of "leaders eat last" extends to various aspects of Marine life, where leaders are expected to make sacrifices and ensure the well-being of their Marines.

Not just a saying:
While some might consider it a saying, it's a practice that many Marines take seriously and strive to uphold.

I never knew this but subscribed to this philosophy for some time now. Focus on serving other versus self-serving.

There is no Leadership here. Just Management and plenty of poor of it. They oughta start calling these aholes EMT and not insult what a leader should be

Heard a couple of Sr. Managers gone today.

Ulf’s org is the flavor of the week.

Wow what a bunch of useless fluff. They do not sound positive about the future at all. Pete is giving me bad vibes. He’s basically blaming everyone else for Carelon problems.

Well I expect zero useful information at the Townhall tomorrow. Anyone else agree?

Did Jacob just accepted that Roche is a serious competitor? Never seen he accept or agree about a competitor before and losing train of thought and not looking confident is not good. Does Roche have something that’s really a threat to Illumina? He had a plan for Ultima but nothing for Roche.

Usually have no experience managing people, are entitled, and just look out for themselves. Then, as soon as they get promoted, they leave AT&T and go elsewhere. The cycle repeats and a new LDP is promoted by manager. Hopefully my experience is unique but honestly I dislike working for them.