I’m a VP for a large bank. I have a large team under me. Truly amazing people. I care for them and I love my job.
For the last several weeks, my managing director has thrown around “restructuring,” “reorganization,” and “rebalancing” verbiage during large meetings. Obviously this is ominous.
I am totally in the dark. I don’t know what is coming.
There was another meeting this morning during which he said the same things, and I finally sucked it up and asked outright of there was a planned or potential RIF. I was given a non answer.
Following the meeting, 3 dozen + individuals from my team have come up to me or messaged me privately to ask if their job is safe. I can’t tell them anything. I feel physically sick right now.
I’m not even worried about myself; whatever is to come, I will be fine. I just hate looking at my team, their hard work, knowing their families, accomplishments, etc…. Like these are people. They deserve so much better than this psychological torment – which is exactly what this is.
This is just a rant. No one deserves this. Layoffs happen, but to drag it on and on like this is just terrifying and reprehensible. Screw people who think this is okay.