Thread regarding American Electric Power Co. Inc. layoffs

Layoffs at AEP

Lots of IT people cut in Columbus

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Post ID: @OP+1qB6FXi3

2658 replies (most recent on top)

Why did my post about we---e hut general get deleted?

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Post ID: @27ke+1qB6FXi3

The longest week ever.

Sincerely, AEP employee who was hired as a remote employee in 2021.

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Post ID: @27jk+1qB6FXi3

Leaders hang out at the salty spittoon

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Post ID: @27hy+1qB6FXi3

10 hours a week sitting in traffic, calculating the parts of the job I could have gotten done instead.
I'll believe this is 'more productive' when 'me sht turns purple and smells like rainbow sherbert'.

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Post ID: @27fk+1qB6FXi3

Harmed Investor

In the Matter of American Electric Power Company, Inc.
Admin. Proc. File No. 3-22425

On January 17, 2025, the Commission issued an Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order (the “Order”) against American Electric Power Company, Inc. (the “Respondent” or “American Electric Power”). In the Order, the Commission found that American Electric Power, a New York public utility holding corporation, with its principal place of business in Columbus, Ohio violated federal securities laws in connection with its relationship with, and statements made about, Empowering Ohio's Economy, Inc. (“Empowering Ohio”), an Internal Revenue Code Section 501(c)(4) entity that American Electric Power formed, fully funded, and controlled.

The Order found that, in July 2020, former Speaker of the Ohio House of Representative Larry Householder (“Householder”) and Generation Now, Inc. (“Generation Now”), a 501(c)(4) organization controlled by Householder, were charged with federal racketeering and conspiracy related to a years-long bribery scheme. Shortly after Householder's arrest, American Electric Power issued a press release regarding its relationship with Empowering Ohio and contributions to Generation Now. The press release was misleading because it omitted key facts. Specifically, in the press release, American Electric Power stated that it did not make any contributions to Generation Now. This statement was misleading because American Electric Power had fully funded Empowering Ohio, and an American Electric Power employee directed Empowering Ohio's contributions to Generation Now. American Electric Power also failed to disclose material related to transactions with respect to payments it made to Empowering Ohio on its 2019 Form 10-K. Finally, American Electric Power lacked sufficient internal accounting controls to provide reasonable assurances that transactions with organizations formed, fully funded, and controlled by it were reviewed for potential disclosure as material related party transaction, as required by Generally Accepted Accounting Principles. The Commission ordered the Respondent to pay a $19,000,000.00 civil money penalty to the Commission. The Commission also created a Fair Fund, pursuant to Section 308(a) of the Sarbanes-Oxley Act of 2002, so the penalty collected can be distributed to harmed investors (the “Fair Fund”). See the Commission’s Order: Release No. 33-11356.

The Fair Fund includes the $19,000,000.00 paid by the Respondent, and any additional funds collected from the Respondent, pursuant to the Order, will be added to the Fair Fund. The Fair Fund and has been deposited in a Commission-designated account at the U.S. Department of the Treasury, and any accrued interest will be added to the Fair Fund.

For more information, please contact the Commission:

Office of Distributions
Email: ENFOfficeofDistributions@sec.gov

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Post ID: @27fj+1qB6FXi3

Not as dark as when the power goes out because AEP service failed yet again

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Post ID: @27fc+1qB6FXi3

Got too dark in this thread, can’t keep reading the posts

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Post ID: @27f8+1qB6FXi3

@27et
you forgot your number :)

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Post ID: @27f4+1qB6FXi3

@27ex
"You reach an certain age where prison and death are no longer a deterrent to you visiting the justice on those spoiled, entitled, smug bullies, who diminish humble and decent people to asininely elevate themselves far above any earned and deserved station. "

Go to therapy or touch grass.

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Post ID: @27f0+1qB6FXi3

Corporate got where they are bullying humble and decent people. They bullied people in school. They hazed underclassmen in college and now they think they can get away with it in the real world where adults didn't get to extend their childhood 4, 6 or 8 years. We went to work. We enlisted in the military. We have raised our families. Supported our nation and communities by volunteering in the Military Reserves and National Guard. We serve as auxiliary police officers, auxiliary deputy sheriffs, volunteer paramedics and fire fighters. On top of working 40+ hours a week and storm restoration. We pay our taxes because we are not freeloaders. We do not buy politicians to cut our income taxes and look the other way while we steal from working, middle-class and retired Americans and our own employees.

You reach an certain age where prison and death are no longer a deterrent to you visiting the justice on those spoiled, entitled, smug bullies, who diminish humble and decent people to asininely elevate themselves far above any earned and deserved station. There are a lot of AEP employees, who have spent DECADES making AEP a great company and you Johnny-come-latelys show up strutting like peacocks and bandy roosters antagonizing the REAL AEP, making our lives and our customers' lives a living He-l, don't act offended when you find yourselves plucked and simmering in a "just reckoning" stew pot.

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Post ID: @27ex+1qB6FXi3

@27ef my password is going to be F#ckBillAndRTO!!

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Post ID: @27et+1qB6FXi3

Oh for christ sakes a 16 character password now!! Are you guys trying to get us to give up. Everyone is going to locked out or calling IT for a reset.

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Post ID: @27ef+1qB6FXi3

You su-k Bill! You literally brought our culture down to nothing.

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Post ID: @27e9+1qB6FXi3

Hey Bill, F#ck you!

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Post ID: @27e8+1qB6FXi3

@27bv

They absolutely do monitor these boards. One time I made a comment about Bill's calendar on Outlook and how all he does is fly around and go to fancy dinners. The next day his calendar was no longer accessible for view.

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Post ID: @27dp+1qB6FXi3

A lot of AEP leadership is insulted you dont work for them for free, as they brag about their second homes or drag cars. He-l most of us just wanted to save for retirement and pay for your kids college. How dare some one want to support their family. Complete narssitic behavior. How much do you need? I know you dont like it quit.

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Post ID: @27d0+1qB6FXi3

A year from now AEP will still be in the same rut. It will be interesting to see what magic BS Bill comes up with since the RTO didn't produce the effects he thought it would. Nothing will change, they just don't see it. Upper Managers are hamstrung by the Executives. The Executives are just a bunch of over paid id--ts with MBAs that are worthless. People complain about nepotism but the Board members are the worst example of it. They sit on multiple boards making a million or two every year but can't make a decent decision to save their a$$.

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Post ID: @27c0+1qB6FXi3

Ya know, I can’t help but think that executive leaders scan these boards far more regularly than we think. And it makes sense because it’s one of the few rawest forms of employee discourse and feedback (and they always want a pulse on the narrative). But some of these comments; I gamble that they get overwhelmingly annoyed and comment about how lazy and unjustifiably disgruntled we are as IC’s - and of course to just quit. It’s actually hilarious to imagine their angry thumbs typing, hypothetically of course.

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Post ID: @27bv+1qB6FXi3

Lesders at AEP got to comfortsble. They had a free check by raising rates. They did not have to compete. Therefore, they have no problem with neopotism or favortism promotions. I myself never liked deregulation. I would love to be able to choose another provider than AEP. The utilities need to compete. I consider a rsise in rates as a tax increase. AEP needs DOGE.

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Post ID: @27bb+1qB6FXi3

I don’t know what it’s like to be a senior leader of a utility, but I can compare them to those in other industries I’ve worked. They come off like dolts. I know that can happen anywhere, but the behaviors speak for themselves.

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Post ID: @27b9+1qB6FXi3

The jobs employees applied for years ago are not the same jobs. Responsibilities and territories were expanded to fill gaps in staffing with no commensurate increase in compensation. Employees are treated like rented mules and put into situations they do not have the experience or training to perform and told to figure it out. Corporate leadership are space occupiers, figure heads and little more. They forward emails and fill their TEAMS calendars with back to back meetings to ghost their subordinates. When you cut staffing without any comprehension of the institutional knowledge and dedication you are throwing away and the experts, who are the only employee with crucial knowledge that keeps the company running smoothly, you wind up with organizational chaos, low morale and employees running for the exits. AEP employees are immensely superior to these so called corporate leaders and if we, the employees of AEP have set the bar too high for you, don't let the door hit you in the a-s on your way out. Shareholders be damned, the customers pay our salaries and yours.

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Post ID: @27b5+1qB6FXi3

Did AEP leaders really create an environment for career growth before Bill? Look at your supervisor and ask how did that person get there? Did they work their way up through the ranks, or where they hand picked because of association? If they worked up through the ranks, how did the people that worked beneath them fair in the company? I think those answers have a lot to do with company performance, company culture and the ability to work remote. Again look at this before Bill.

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Post ID: @27ax+1qB6FXi3

Job market may be tough, but what I see on here is a bunch of employees who need to update their resume and find somewhere that will make them happier. Please don’t go through life miserable because of corporates choice. Go find better. Leave your negative thoughts as reviews on Glassdoor and indeed!

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Post ID: @27aw+1qB6FXi3

Look, it’s time for everyone to do their job that they have accepted after they interviewed for said position. You need to make the company and share holders money and make them happy that’s how a company works. Many still have take home vehicles which no they shouldn’t at this point since they have to go to the office every day. But come on people… how many times can we complain about the same stuff? You’re in the office like most people in the country. If you spent half as much energy on being a good remote employee as you did complaining on this thread maybe you would still be remote. If you don’t like it find another job, which also has a solid chance of returning to the office since the whole remote thing only happened because of COVID any way.

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Post ID: @27av+1qB6FXi3

I feel exactly like this poster -> https://www.thelayoff.com/t/1jwxythjs

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Post ID: @27ac+1qB6FXi3

We have an all employee meeting next week. I was excited to think I would see co-workers in person that I haven't seen in person in over 5 years. Nope.....meeting is on Teams 🤣

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Post ID: @27a1+1qB6FXi3

This is ridiculous. I can understand keeping a hybrid schedule but hardly anyone is in the office, so glad this great collaboration is benefiting my gas, car maintenance and daily traffic commute. Most of my team collaboration is still on teams. Makes no sense to throw us in a prison and make us pay 50 bucks on parking for a garage that's still empty

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Post ID: @279m+1qB6FXi3

@2774 What about reporting through the Ethics and Compliance line? Not showing up or being unavailable seems like an ethics issue. One would hope that this person's peers or supervisor would notice and take action, but if that isn't happening, you could call attention to it through that hotline. Supposedly it's anonymous.

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Post ID: @2779+1qB6FXi3

@2774 who is it?

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Post ID: @2775+1qB6FXi3

Anyone have ideas or tips on how to expose a director who basically goes off the grid for days. It’s beyond ridiculous at this point.

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Post ID: @2774+1qB6FXi3

@2770 I know, they're disgusting right? Hurts my eyes to look through them

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Post ID: @2773+1qB6FXi3

Can we please get the fkng windows washed

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Post ID: @2770+1qB6FXi3

@2769 lmao

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Post ID: @276h+1qB6FXi3

I motion for the first Monday of June on all future AEP calendars to be memorialized as "The Eternal Monday" in honor of our noble sacrifice and all those we lost to Villainous Bill's maniacal tyranny.

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Post ID: @2769+1qB6FXi3

These days are interminable. I can’t believe we are back to doing this.

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Post ID: @275j+1qB6FXi3

Day two, hardly anyone around. Seems like managers are here, maybe they're covering for their people. I see people online so maybe the RTO has a side effect of making people available on Teams more often than before RTO.

The guy who brought up the city tax issue, I would be willing to pay city income tax if it meant that I didn't have to drive in. I'd save on wear and tear on the car, lunch, time and time. My time is the most valuable because I can't replace it once it's gone. So yes, sign me up for Columbus income tax and let me WFH.

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Post ID: @274w+1qB6FXi3

Definitely feels like a punishment from Bill

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Post ID: @274t+1qB6FXi3

Yeah this is really stupid. 3 days in office was fair and more than enough to schedule anything that could benefit from any in-person collaboration. This just feels like a pointless punishment.

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Post ID: @274k+1qB6FXi3

Spent 2 hours on a teams meeting with a coworker a few cubes down from me. I'm not getting up unless it's for coffee, a peeee break, more coffee and to leave.

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Post ID: @272v+1qB6FXi3

RTO today??? Yeah right, transmission isn’t reporting to the office because the buildings aren’t ready. What a joke

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Post ID: @272n+1qB6FXi3

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