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)

The Fed Confirms Crisis as Hedge Fund Bailout Begins. Hedge Fund Bill and Carl Icahn willfully, unjustly and fraudulently seized control of AEP and now we as taxpayers, employees and customers are asked to bail them out. Let them enjoy the poverty they fraudulently and unjustly imposed upon their fellow Americans to enrich themselves. NO TAXPAYER funded handouts. Tell your elected representatives, "HE-L NO!"

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Post ID: @23xm+1qB6FXi3

I’m so tired of all these lies that the engineering directors are telling. They are def part of the good ol boys club! Cannot wait to retire!

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Post ID: @23xa+1qB6FXi3

Employees with strong work ethics that actually show up to work can name their own wages in this economy. So many jobs going unfilled and so many rich people watching their wealth diminish because of low staffing and business opportunities missed, the sky is the limit. AEP has fallen behind in worker wages, benefits and working conditions. No one wants to work for a Chinese Communist Sweat Shop or an American Conservative one.

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Post ID: @23tv+1qB6FXi3

It is hard to turn a profit when all your employees are fed up and choose to stay home. Mental health and physical well-being are more important than any job.

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Post ID: @23tq+1qB6FXi3

I had an interview last week that went very well and judging by the way it ended, they will be sending me an offer that I will likely accept. While I'm excited about the new opportunity and increased pay, I'm a little sad that things have come to this. I had no intention to leave after working at AEP for almost 10 years, but the last 6 months have completely changed my mind. My particular group is already understaffed and recently lost a couple more folks. I feel bad as this will further strain the group but I have to do what's best for me. I'll miss those who are still left that I enjoy working with, but the party is over and it's time to leave.

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Post ID: @23ta+1qB6FXi3

Its time for workers to flip the narrative and force employers to bend to our will or go broke. When offices, call centers and service centers boycott work to secure more favorable working conditions, corporate can compromise or watch their offices, call centers and service centers sit empty while employees enjoy sticking it to the hedge fund hogs.

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Post ID: @23sw+1qB6FXi3

The term “resource” is often used to strip employees of their humanity. It’s far easier to eliminate “two full-time resources” than it is to lay off Johnny Jones and Susan Smith.

As for AEP reconsidering remote (or hybrid) work—don’t hold your breath. It would require a seismic shift in how boomer leaders think and operate. That generation of leaders seems to find it hard to change course if it means admitting they may have been wrong.

Many companies had already embraced hybrid or remote work before the pandemic; they represent the future of work. But do they offer enough jobs for everyone who wants that model? Unfortunately, no.

Still, when a critical mass of skilled workers decides they won’t accept the traditional five-day office grind, the old-guard companies will be forced to adapt.

The everyday worker has more power than they think. By adjusting our lifestyles, we can unlock new opportunities—and pull levers that companies can’t ignore.

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Post ID: @23rz+1qB6FXi3

Do you all think AEP will ever reconsider remote or hybrid again?

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Post ID: @23rs+1qB6FXi3

Who in HR was let go?

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Post ID: @23pw+1qB6FXi3

Resources have no rights and de-humanizing people is the first step in reducing them to chattel. Americans must realize the un-American agenda of Hedge Funds and how they amass immense wealth by exploiting and subjugating human beings to the will of the immensely wealthy al la East India Company, the British Empire precursor to globalism. We are Americans and globalists swear allegiance to no nation. Their only allegiance is to themselves and their insatiable greed. Ask yourself why you feel personally threatened by Hedge Fund Bill and why he provokes a visceral response? It is the same response Colonial Americans had to the British Monarchy's taxation without representation policy.

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Post ID: @23pv+1qB6FXi3

@callmepetty we’re anxiously waiting more deets. Do tell more. 🍿

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Post ID: @23ps+1qB6FXi3

Why is leadership obsessed with referring to employees as "resources."
It's very eerie. A resource is something that you consume.

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Post ID: @23nv+1qB6FXi3

@callmepetty can you elaborate. Some of us are out of the loop. Please spill all the tea, not just a sip.

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Post ID: @23nn+1qB6FXi3

Ok but I’m genuinely curious what happened and why she was let go? Everyone is tight lipped and it happened so fast!!

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Post ID: @23m2+1qB6FXi3

Instead of giving money to the AEP PAC that oppresses and exploits us, support the Union that empowers us to collectively oppose Hedge Fund Bill, his Corporate Regime and their shareholder freeloaders. Corporate is not your advocate as they have so boldly and blatantly demonstrated. The Union allows us to take back what they have stolen from us and our families. Reclaim our valor that Hedge Fund Bill denies us by rejecting our Legacy AEP achievements. We deserve 100% ICPs and they steal them from us because unopposed corporate corruption empowers them to do so with impunity. Its time to drive the hedge fund hogs from the trough of immoral and unethical corporate indulgent extravagant self-gratification.

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Post ID: @23m1+1qB6FXi3

@23jc+1qB6FXi3

Nobody is going to shed a tear for anyone in HR being let go. HR is not here to protect the employee from the company, but the other way around. HR is a dozen steps down from corporate counsel and not as remotely effective as a union.

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Post ID: @23ks+1qB6FXi3

Petty,

Tell us the info we can’t see!

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Post ID: @23jf+1qB6FXi3

A big relief among many in HR this week We can breathe again and not be pushed aside by a self-serving leader who was a joke and a disappointment and got by with sounding and looking good but never actually doing anything or trusting us. I have some renewed hope. There’s more of the HR closet to clean, but this was a big start. Maybe now I can actually get some clear answers on budgets, priorities and have conversations without being micromanaged or censored? Keep listening to us down here! We can tell you things you’ll never see in a survey. Just ask.

L - If you are reading this please be sure to complete your exit interview and leave a Glassdoor review for us! Your input is valuable because it will allow us to post a fake, dismissive and out of touch response to it.

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Post ID: @23jc+1qB6FXi3

The PAC emails are absolutely ludacris. They are sent out from a different executive about every two weeks. Read the room…these emails will make most of us NEVER donate.

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Post ID: @23j9+1qB6FXi3

Employees are not feeling appreciated by the Hedge Fund regime and do not want to invest in their parasitic politics, economics or further politically empower them to be themselves.

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Post ID: @23gy+1qB6FXi3

AEP PAC must be taking a huge hit this year because I've never seen them send 3 emails in 1 months begging for donations.

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Post ID: @23g3+1qB6FXi3

Wait why are we paying our field tech engineers who work all day in the sun and bust themselves for only 5% ICP while those in the higher pay grades sitting in nice offices, eating 5 star steaks, and all our company's benefits/earnings are making almost 80%? This company really needs to see where all our money is truly going. Who the he-l sorted our ICP that way? I rather our money go to the actual hard workers than those sitting on their butts just to think and talk on newcasts

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Post ID: @23fw+1qB6FXi3

There's been no update, the closest they came to addressing it was during the employee meeting on Tuesday. Phil said the recent opinion poll had a lot to say about RTO and it was quite negative. He even used the phrase "hard to hear" so it sounds like people really let it fly. Of course their response was to stone-face it and said they are committed to "doing it right" (whatever that means) and then Bill said they aren't changing course, which I guess can be taken as an open admission that employee opinion is irrelevant.

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Post ID: @23fv+1qB6FXi3

So is there any update to our RTO or allowed times? They really are shoving us in the offices with no plans yet. Heard alot of you Ohio employees don't have word on your office or room for spaces

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Post ID: @23ft+1qB6FXi3

He didn't build AEP, but he wants all the glory. Stolen valor is a crime against virtuous integrity. Shame on Hedge Fund Bill. No sweat, no pain, no suffering, no sacrifice just outlandish compensation and trash talking the builders and maintainers. Hedge Fund Bill can handle the next major storm outage all by himself. No point sweating, bleeding, suffering and sacrificing for nothing.

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Post ID: @23d4+1qB6FXi3

The options are that you have no options. If they tell you that you have options, it's a lie and they will walk it back at some undisclosed later date.

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Post ID: @23d1+1qB6FXi3

Is there anywhere that states the schedule options for RTO or are they at the discretion of the org VPs?

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Post ID: @23ct+1qB6FXi3

Hedge Fund AEP is like a sparkler it may burn bright but not for long. It is consuming employees and customers at an alarming rate and new hires are not going to endure 30 years of this B.S. I give new hires 3 years max and they will be out the door.

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Post ID: @23ck+1qB6FXi3

We've been everywhere being talked about. We've built infrastructure, made customers happy, handled the office like a well-run machine and had excellent culture.
All of those things were ruined by management over time.
Every time he brings up something we had before, that got outsourced, offshored, hit with layoffs, closed down, or endured decay it's a cringe moment for the people who had to endure it. Dude, stop with the painful history lessons. Unlike you, we were actually there.

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Post ID: @2397+1qB6FXi3

The long game is providing power, which is what we do and will continue to do.
I'm all for complaining about AEP but can you at least do it intelligently? What exactly are you complaining about? Investors expect a return? Ok and? Do you have any investments? When you invest in something do you expect a return or are you happy to lose money?
How can you say we are only focused on ESP? Did you listen to any of the meetings today? We have a $50 billion capital investment plan and a huge backlog of customer service requests.

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Post ID: @2395+1qB6FXi3

What exactly is Bill and AEP going to win? The stock price will go up. Look who is on the board of dirrectors. Usually when activists tske over s company the stock will increase. This is because of short term driven results. The question is, whst is the long game? Will any of thr decisions made in the next year drive long term growth for the company? Another question is what growth are we talking about? Only EPS. Does that winning and growth benefit AEP communities or include employees?

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Post ID: @2393+1qB6FXi3

More than three-quarters of the 3,200 senior executives in the power utility industry interviewed for the report said they have difficulty hiring new employees. Value the employees you have. They are not a dime a dozen and they make you rich. The next 10 years will see a significant migration of long tenure employees leaving the industry for their well-earned retirements and the time to build the team for the next 30 years is today. Short sighted, immediate gratification, profit driven leadership is a failure of colossal proportions that shall leave our nation and electric customers vulnerable to a new energy crisis.

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Post ID: @238g+1qB6FXi3

I am an avid Bill defender and AEP enthusiast. I have an entire room filled with AEP memorabilia. You think you love AEP? Not more than me, chump. I want Bill and AEP to win. I want us to control every watt of power in the United States. Do it for Bill.

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Post ID: @237x+1qB6FXi3

Transmission expanding to the Corpus office. Voluntary relocation.

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Post ID: @237t+1qB6FXi3

This forum has elapsed into clown mode. People really hoping for the company to fail to own the guy who wants them to return to work. That will teach him.
Show me on the dolly where the bad man hurt your feelings.

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Post ID: @237s+1qB6FXi3

I feel like there is no new good information coming from this forum..

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Post ID: @2371+1qB6FXi3

I don't think Bill actually does anything. Bill disabled his calendar from being shown on Teams this week. Quite funny. I used to check what he was up to. Lots of wining and dining and that's about it.

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Post ID: @234r+1qB6FXi3

Wall St is expecting a jump in EPS from last year. If they met or bet that, Bill will look like a genius. As an employee, there's only a few times when I actually wanted to see the company fail to cover the target revenue, this is one of those times. I really want to see EPS miss. I know that's not right but since I have no affect on it, I don't care after they forced RTO on us

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Post ID: @234q+1qB6FXi3

Yeah the fact that the investor meeting is first followed by the employee meeting is great. At the first one we will hear about how amazing the company is doing and how strong our performance is. Then in the second one we will hear about how we all need to RTO.

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Post ID: @234p+1qB6FXi3

Can’t wait for tomorrow’s company-wide employee webcast. I hope earnings make the shareholders happy.

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Post ID: @234f+1qB6FXi3

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