#pessimism

.. tell us what you see that gives you hope. To the extent that you can share, I’m curious what you’re seeing that makes you think the company can and will turn it around .

not seeing any light at end of this tunnel.
our fate is sealed by cr-ppy suppliers and a decade of lowest bid.
2 years to cut that anchor and i cant hold my breath that long.

I have a few times. Worst cases of Chevron derangement syndrome, they usually had pretty mediocre jobs but were addicted to the power point lifestyle . I dont know what it is: a lack of confidence that they cant find a new job, too far Chevronized, maybe not actually into women….but it was so buzarre to me.

Imagine your ex wife going on dates with new dudes and your kids having to deal with that so you could clutch to a cr-ppy house and job in Houston, Midland or Bakersfield. Lol i guess that 401k match is nice

This is all really eerie and so sad. Rest easy and take it one day at a time. Prayers for everyone. 🙏

The recent exterior update to the local branches feels like a downgrade. The original red brick was simple and traditional. The new grey repaint makes the buildings look washed out and sterile rather than modern. It is disappointing. Lifeless. Just like the company itself.

I'm finding it increasingly difficult to watch our engineering colleagues get systematically rebadged over to Cognisant while leadership pretends everything is fine. We used to have leaders who held the line. Now we've traded them for an executive team whose strategy consists of crossing their fingers and asking AI what to do next

How long till capitulation?

G2 posted a strange post on LinkedIn few days ago in which he talks about cynicism and skepticism. Does anyone understand the message of this post?

Dell will be worth exactly 3 percent of today’s market value and 82 percent of its employees will be gone. Rough rough rough times ahead for Dell. Get your popcorn

I just saw, Nike 1st quarter 2027 and I will declare that it was extremely underwhelming to say the least. There was some sign of life in running but everywhere else, it was just not easy to be enthused.

So anyone hoping to Nike turnaround, I am afraid that for at least for more than 6 months, they will not show up.

And if things will continue as is then I am afraid that some point they will be LAYOFFS.

With our leader EH proving that he is not adept for the job of turnaround, I am pretty pessimistic.

I am 47 year Nike independent dealer and I have seen all. Great time and bad times (like when Reebok came and kicked Nike's a-s) but this time, I have a distinct feeling that Nike is sinking and going to dark end.

And be a RAT!!! Jump the ship before it start sinking LOL

How to deal with the problem

Even after working on solutions that these mega logos depend on we are no where close in reaching ¼ of their revenue.

I even feel that the ip business will die a slow painful death

Sorry for being pessimistic, this whole AI BS is taking a toll on me

Like wtf are we even doing wrong, are we doomed ?

Are we on the right track even ?

It's over for all of us here anyway.

I’ve been with the company for a long time.. 30 some years.. if you own Walmart stock, I’d be selling it now.. the company is on a downward spiral and the stock is gonna crash..

Kyndryl is exactly like the salad on McDonald's menu, short lived and nobody will even notice when it's gone.

It's amusing reading all this speculation when we all know deep down that nothing will change. The same thing that always happens will happen again. We'll see more layoffs, more outsourcing, more "do more with less" rhetoric, and more of the same for employees. Nobody gives a damn about us or improving our situation, least of all any CEO.

Get out while you can, save your hard earned dollars fro your family's sake.. you had sacrificed your family time to make contributions to Fiserv stock .. here you are..

Circuit City, Radio Shack, Blockbuster, Fiserv....

Nothing ever changes for the better around here. Especially for us lowly employees.

Mmmmm.

Who knows what is going on?

NIKE IS DONE!!!
WE 3 BAD CEOS MP JD EH
AND WITH BAD ECONOMY, I THINK THAT MOST CONSUMERS ARE CHANGIN THEIR TASTE.
MOST YOUNG PEOPLE ARE BROKE AND THERE IS NO YOUNG CUSTOMER BEING CONVERTED TO NIKE CREEDO.

DEAD AND BURIED!!!

There are 50% chances that Dan might fail but there are 50% chances that he might succeed to transform..
I do see lots of negativity among Band 5 leaders.. overheard negative talk on the floor after All hands..
why can’t these middle layer leaders do not want to give it a fair chance ?
Looks like Dan made these ultra comfortable people uneasy and they are not liking it.

PA is supposed to be the jewel of RemainCo’s crown. I guess it was Cubic Zirconia.

I get venting, but it's not that bad. Some people are being over the top. If it was really that bad, I wouldn't be here.

Anyone able to shed some light on the “compressed” performance review cycle announced this past week? The pessimist in me wonders if it’s just to accelerate the next round of layoffs, but I’d love to know more.

I'm trying to stay positive, but it’s tough to picture things improving in any way without major changes. And I don't think we'll be seeing such changes any time soon, if ever.

It would take a miracle worker to turn this ship around.

Thought you had a future in this industry? Too bad. That's the message we keep getting.

QC stock will continue to tank. 130 is just the start.

More stores will close, more people will go. Until there's nothing left to close and nobody left to fire.

With all the cuts and layoffs, I'm starting to worry I won't live to see the day.

At this point, I'm convinced the damage done to this company is irreversible. The problems are so deep and systemic now that even the most talented leadership team wouldn't be able to turn things around. We're past the point of a simple strategic shift or new vision. When the foundation is this broken, the whole structure is doomed. I'm not sure there's any coming back.

I keep seeing posts from people saying they can’t land a job, and I’m confused. So many who have been laid off seem to refuse anything that doesn’t feel perfect or exactly their level. How do you manage to be so picky if there’s no paycheck coming in? Do you think severance will last forever?

I was among the lucky few who actually had a great team. A few a--holes here and there, but otherwise solid, reliable colleagues. Somehow, we managed to overcome management’s shortcomings, make our tasks easier, and even have fun, or at least feel a sense of accomplishment. Yes, it was a cosmic accident, but it happened. I actually liked my work because of it.

Then the reorg came and destroyed the team. A few exceptionally competent and experienced teammates were let go, some were reassigned, and now my team is hollow and definitely less efficient and productive. The inability to recognize an excellent team says everything you need to know about leadership and management. I can only imagine the end result of reorg.

We now know that nothing matters, so why do anything?

Everyone's got their own experience and everyone's heard different things, but our union rep told us that Mastec has been pretty good at communicating (much better than Optimum when we organized), and that "Mastec is more union friendly than Optimum" so "it might actually work out better for you guys"

Apparently IBEW has a few contracts with Mastec already.

Anyone else's union reps say anything similar?

Yeah, grain of salt, but also it's a low f-ing bar to be more union friendly than Optimum.

On the other hand, CEOs and execs make millions by eliminating entire departments, and nobody does a GD thing about it, so what can we really expect?

I know it's not because people suddenly like it here and have decided to stop looking, but it says a lot about the state of the job market. I won't lie, it makes me nervous.

There’s no real chance of recovery on the path we’re on, especially with the people steering the wheel. At this point it barely matters whether the next cuts land in December or later. They’re coming. It would just be nice if, for once, the people responsible actually took the blame. It’s absurd to pretend anyone but leadership is accountable for the state of affairs.