#poorleadership

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Nov 2025

Quite a few layoffs happened in November 2025, right before the U.S. mid-term election day so it would get buried in the news. It affected administrative and IT positions not only at hubs but smaller airports. "People were being immediately escorted out in large groups of ten or more." The 2025 third quarter "dog and pony show" right before those layoffs was completely out of touch, per usual, and they reported spending millions on a "grab-and-go" food section at CLT, a new alcohol partner for first class, and a yet "really bad" earnings quarter. Their Station GMs had a mandatory in-person "training retreat" the week prior and were told of the layoffs, but told not to tell their staff. As someone who's seen AA's lack of oversight and poor spending decisions from as far back as their US Airways merger days up close, and attempted to put an end to them, I am not surprised. "AA is an 800-pound gorilla." Money was/is overspent right and left. Accounts being auto-paid for services no longer rendered or properties no longer occupied, etc. simply because it's too big and no one is watching. Rather than practicing natural talent attrition from the COVID days, and truly evaluating work supported by operational, administrative and IT positions for already skeleton teams, they resorted to these drastic layoffs. I would not be surprised if non-hub mainline stations will all transition to partners starting in 2026, corporate's out-of-touch management and spending simply can't sustain both them and the field.


Agile Leadership, lol

Let’s start by saying the quiet part out loud: most of the “agile leadership” still hanging around the bank looks like the clearance rack of corporate transformation. Folks who washed out of Best Buy and Target and couldn’t quite stick the landing anywhere else in the Fortune 500. You could cut half the agile coaches and performative agile leaders tomorrow and the only noticeable impact would be fewer meetings about meetings.

The latest org changes just reinforce that reality. A digital leader casually floated the idea that there was “opportunity” to rotate product and agile assignments across teams. Translation: since we can’t actually promote or develop people, let’s blow up stable teams instead and call it growth. Why not inject a little chaos, instability, and work/life imbalance for fun?
Naturally, instead of agile leadership doing their actual jobs, like explaining why this is a spectacularly bad idea and gently escorting that leader away from the cliff, they went all in.

Scrum Masters got shuffled around, including ones who were deeply embedded with teams that existed long before said leaders showed up. And, of course, everyone was told to keep quarterly planning on track, maintain team performance, and execute rushed handoffs at the same time. Because nothing says “agile maturity” quite like lighting the house on fire and asking everyone to keep dinner warm.

And let’s not forget the timing. This brilliant idea was floating around before ICE went full dystopian cosplay in local communities - storming around, kidnapping children, pepper spraying grandma on her way to target, and generally reminding everyone that the world is already on edge. Against that backdrop, I have to hand it to our failed agile leaders for truly impeccable coordination: announcing these changes while simultaneously rolling out layoffs. Chef’s kiss.

Nothing reassures employees quite like organizational chaos paired with “by the way, your job might disappear.” Thank you so very much for letting me keep this absolutely fantastic job, at least for now.

An enterprise-wide commitment to failing fast, failing often, and learning absolutely nothing.


Chevron Theme Song

I think Muse's Dead Inside should be Chevron's new theme song especially these lyrics. The leadership and company has no soul left....they are Dead Inside

You're free to touch the sky
Whilst I am crushed and pulverised
Because you need control
Now I'm the one who's letting go

You like to give an inch
Whilst I am giving infinity
But now I've got nothing left
You have no cares and I'm bereft


Uk

What is happening to the UK business. Has everyone given up. Sales targets missed month after month and no one cares. Can't get a project done for love nor money. The strangest place. Even the leadership and upper management don't care.... is there any hope????


Terrible company with terrible people

BNY has almost no redeeming values. The office is an ugly, smelly, stale, demotivating place. Everyone in here has the look of a loser.
People look beaten, downtrodden and tired.
There is no way this bank is getting the best out of people. And this translates to our clients getting poor service and non inspirational
Partnership at best. If our employees are being tricked, lied to and given unethical interaction, then clients of BNY have to be getting the same. The stock price cannot rise much more.

If senior mgmt does this to us, then they are doing it to clients. The dam will break soon.


We're being deliberately kept in the dark

The biggest sign of poor leadership is a complete lack of transparency. The leadership purposefully doesn't tell us what's really going on with the company's direction or our own job security. Good management is honest with its employees, even when the news is bad. Being left to guess and worry in silence is the worst way to run a place.


Lack of any acknowledgement is pathetic

The fact you can work for a company for over 30 years and not get one thank you or goodbye from leadership or even your peers is very telling and just plain sad. Before any of you trolls starts saying move on and get over it, just remember your day is coming. I hope this company sinks faster than the titanic.


Voldemort and Grindelwald world

It feels like the Voldemort (Mr H) and Grindelwald (Mr. Witty still in the background?) are either very disconnected or have evil agenda to drive this company to the ground. How can any leader (even the unqualified ones) can do so much damage to the company, culture, and its employees life quickly? There are so many smart minds in the organization and I am surprised no positive revolution igniting.


The new tu-d

Which one is more accurate?

There's a fresh wa-ker strutting into town, handed the keys to International on a silver platter like he's won the bloody lottery. And what does our heroic new overlord do? Bu---r all in the way of actually selling anything, of course.
Instead, the daft sod's obsessed with poring over every sodding line in the SFDC opportunity updates, picking at them with the sort of OCD paranoia that'd make a conspiracy theorist blush. Proper control-freak territory, innit?
To top it off, he's an arrogant bellend who's being an absolute cvnt to customers (never mind the poor sods who work for him). Charming bloke, clearly.
Mark my words, this pillock's going to hammer the final nail into Avaya International's coffin. Either he'll get the boot by the end of H1 for missing his numbers by a country mile, or he'll manage to torch half the business in the process.
Frankly, I'm not convinced PD or ML give a toss about International anymore if they're willing to serve it up to this manchild on a plate. What a shower of sh-t.

.......
OR
.......

Another absolute genius has been parachuted in to run International, handed the whole bloody kingdom like he’s the second coming of Steve Jobs. And what’s his masterstroke, you ask? Sweet fu-k all when it comes to actually shifting any product, naturally.
No, our fearless leader’s true calling is to hover over every single poxy line in the SFDC opportunity updates like a proper obsessive-compulsive hawk, nitpicking with the sort of deranged paranoia that’d make your average flat-earther look well-adjusted. Top-tier management material, clearly.
And the charm! Christ alive, the man’s an arrogant, swaggering bellend who treats customers like something he’s scraped off his shoe—and that’s on a good day. The staff? Mere peasants fit only for a daily bollocking.
Give it a few months and this utter we-pon will personally drive the final, glittering nail into Avaya International’s already knackered coffin with a flourish. Either he’ll get spectacularly sacked by the end of H1 for missing his numbers by a galactic margin (shocker), or he’ll somehow contrive to incinerate half the business before anyone notices. Either way, a triumph.
Honestly, if PD and ML are happy to lob the entire region to this tantrum-throwing manchild on a silver salver, it’s blindingly obvious they couldn’t give a flying toss about International anymore. What an absolutely magnificent shower of sh-t. Well played, everyone.


It's always the same play at AAP

Every time they want a quick win on the balance sheet, the first thing they reach for is another round of cuts. There is no real strategy behind it, just the same tired playbook of downsizing teams and offloading pieces of the company. The people running the place have stopped trying to build anything and are just stripping it down piece by piece to make the numbers look good for a moment.


I'm so tired of wrong people being promoted

People skills matter! My new manager was great in his old role, but he was also an a--hole with zero people skills. Now he's our manager. He knows the technical side, but working with people is a complete mystery to him. Scattered communication, yelling, giving mixed messages, all of it has become normal. We're basically coaching the person who's supposed to guide us, and it's getting tiring pretending everything is fine.


DXC the slave driver operation

DXC treats its employees in a slave like manner. Once your in you never get a pay rise, promises are made of a annual merit evry year but it never materializes. They expect everyone to deliver at a top level to clients and retrain into AI and Cloud for nothing. The exec meanwhile dont deliver on their promises of growth but are entitled to Millions of $s in pay for delivering their failures. They tell the employees to leave if they dont like it. What an unjust and corrupt company, the DXC way.....


CEO News

She was challenged several weeks ago on this board to go on CNBC to be interviewed and by golly, she did ! Albeit a soft ball interview with Sharon Epperson for DEI reasons.

Let's be honest here, if she interviewed with Jim Cramer, David Faber, or Sara Eisen, she'd be eaten alive trying to defend her missteps. It is ironic that even Roger Ferguson has appeared on CNBC as a contributor more times in the last year, then Duckett has appeared on CNBC in 5 yrs.

There are rumors and whispers she is losing internal support. All of a sudden, we see a flurry of activity from her lately in an attempt to save face and her job. So many speeches and public appearances that she has no real time to run TIAA like she is supposed to and this begs the question; who is really running TIAA ? She is paid millions and the company is chaos and no one is at the helm. She collects hundreds of thousands of dollars as a Nike Board Member & a pair of Air Jordans.

Instead, they have Jay Leno headline the TIAA FutureWise conference with the CEO laughing herself all the way to the Bank while many long term TIAA employees are being laid off. Shoot, maybe is she ran AI to run the company, it would be in much better financial shape today. It's funny how she criticized AI, but sold out to Accenture as they promised us the world with AI driven solutions which have not materialized.

TIAA FutureWise Conference (November 2025) In a discussion with CNBC, she advised that retirement investors should focus on building diversified portfolios and guaranteed income streams rather than worrying about an AI


I could easily get this share price to $60 per share

Cant believe how poor the Management and Shareholders are in this company.

I could turn the situation around easily, spin off the insurance to Private Equity or IPO for $2billion, which will pay off all the debt.

Your left with a cash company generating Free Cash Flow of $400 million with no debt on a PE of 20 thats $8 Billion= $48 per share.

I would not hire any new folks, natural wastage would get rid of 20% of the workforce in the year, i would get rid of the several layers of management, the existing employees would retrain if they were offered a good pay incentive, FCF would rise to $450 milion, another $10+ on the share price to $60, then get some bolt on Acquisitions.

If Fernandez isnt going to grow the Company this is about to happen soon.


End of COE/FPAS?

So with FPAS being consolidated into corporate FP&A, what was the point of coe finance transformation to begin with? It just goes back to finance like nothing ever happened? Finance is always chasing everyone else for savings, while untold millions were spent on overlapping roles and chaos for years with no accountability or sensible organizational structure. It is a travesty what has happened to so many careers over the years as a result of costly misalignment among the finance leadership. There could really be a full case study on it.


It’s layoff season AGAIN at Progress software

One of the amazing things about working at Progress is that every November you get to wonder if you are on the list to be laid off. Yup, an entire company culture built around who gets let go this year right before the holidays. And to make it even better, none of the c suite executives responsible for the company doing so poorly ever get let go. The c suite boys club continues to bring in millions for themselves while investors (stock down almost 50% this year) and everyday employees get the brunt of their non existent management acumen.


Converse Layoffs?

It’s disheartening to hear what’s happening with the converse team being left hanging with their fingers crossed and no clue what, who, or when, layoffs will impact. Why do this for so long dragging it out with no communication? Folks in VP and director level seats seem to be the problem and the real contributors are disregarded and silenced. Things aren’t looking good.


Rant...

Verizon is in this situation because of poor leadership, which was replaced with poor leadership, which is now being replaced by more poor leadership.

Just once, has any of these feckless leaders held themselves responsible? I mean they blame the economy, they blame COVID, they blame the employees. But they never take responsibility.

Isn't that literally in the credo?

But, it is the employees who will suffer. Hans will never have to worry about buying groceries, or losing thier home or paying medical expenses. Neither will Dan. They care about nothing and no one else.

The are typically sociopaths (and yes, there are peers reviewed scientific studies that show this).

Just once...


Nothing is better than seeing ORCL bloated stock dump

The AI market is ORCL’s golden goose and they are betting the farm on it. Diversification is the way you survive in tech. ORCL down 110.00 from 2025 high. That means oracle clown employees that thought it was the best thing since sliced bread lost tons the last 8-12 weeks. Good. That’s what you, esp mgmt, get for laying off so many good people. The worst run company in the world. You could be be lacking 90% of your brain and be a director at Oracle. Hahahagahag


Wellmed Homecare Dimensions

Someone please explain to me how Homecare dimensions survived the cuts That department has been losing money year over year. HS terrible leadership and so many high paying positions. Therapists making full time salary over 90k and seeing 2 patients a week. Nurses that see less than 4 patients a day and a VP who has not clue what she is doing. So many employees laid off of so many departments that are needed and this department spending money like it’s growing on trees.


More special sauce daddy!

RamNot won’t shut up about his special sauce. Newsflash, it’s ketchup in a champagne bottle. Revenue’s tanking, cash flow’s drying up, and those “bookings” are yesterday’s scraps served with a smile. If this is his magic formula, someone needs to tell the chef and his CFO they are cooking bankruptcy.


So have we given up?

Are we just not even going to pretend to be a compliant & sound bank? Has USAA just given up on quality leaders, innovation, member focus and truly caring about its employees. We’ve gotten so used to scraps around here, when id--ts with a title makes greed based decisions we all just nod and clap. This place will have a day of reckoning. When and how bad, who knows. My prediction is lights off and news cameras we wake up to randomly one morning.


Penny's Page October 27, 2025

In Penny's Page for October 27, 2025 Penny says great teams don't just work side by side, but they grow together so they can build something lasting. Is she serious? Does she think anyone is buying her BS anymore? This is something our first five managing partners could have said and it would be believable because those leaders lived those words. Unfortunately, our sixth managing partner does not live these words. She spouts these words out haphazardly and then lives a different life. How does our Edward Jones teams grow together and build something lasting by eliminating American jobs and sending them to India? How do you bring people out of COVID and back into the office because we need to do business face to face and at the same time send American jobs to a third world country on the other side of the world? Is Penny serious when she says these things? During the sixth managing partner search the candidates underwent psychological testing. If Penny is serious when she spouts out this garbage then she probably needs a more current psychological testing. She is losing it and she is losing it quickly. Penny, come to your senses and just step down. You have done enough damage already. I do not know if this company is salvageable or not. If it is, the next managing partner is going to have their work cut out for them. God save our firm.