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Shocks widout Warnings!!

I've been working with ICICI since 2008 everythg was fine I had mny promotions wid a promotion too in the last FY of my recent working tenure..n then all of a sudden before few days of COVID, our profile staff received a mail that they going to end the whole profile from the very next day...the question is now how our profile staff going to make it thru when our profile was ended in a day and bank wud not b doing much, rather then depending on the people already there in other departments higher profiles to adjust us into the system somewhr....n as we all was handling audit profile so sumtimes we had to be a bit strict for getting the staff asking them to follow the process..making them do additional stuff was always taken as a burden so but obvious due to which we r no one's fav either..tht never liked us much..hence the implications was no departments head wanted us to become a part of the teams that to from a operations profile in a bank full of sales targets in every department it was a big no no..finally after taking all the measures to save our jobs when nothing worked out .. one fine day i received a call from HR tht either u leave the job by your own or we have to fire you (it was sugary quoted but obvious) inconveniently i had to leave the job.. without a backup job..after 13 plus years of work ex..i feel cheated as after receiving the bestest rating and a promotion in the previous recent year of my tenure with all my hardwork n a travelling job, as a single parent, staying away from my four year kid at home leaving him wid my parents ..just bcoz the profile was finished i was all of sudden not of any use n 'no one' to the ICICI Bank..overall this is the culture of many companies asking the employees last minute to leave..the more I love n felt proud working for 'MY' ICICI Bank the more betrayed i felt when i had to leave it abruptly..thts y PPL say "Love your job, not the Company" . A learning I took back home pretty late.

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Whatsinthename

Stealth

2 years ago

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DampBellows

MUTHOOT FINANCE LIMITED

3 months ago

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Layoffs on

by Finallypeaceful

ICICI Bank

Shocks widout Warnings!!

I've been working with ICICI since 2008 everythg was fine I had mny promotions wid a promotion too in the last FY of my recent working tenure..n then all of a sudden before few days of COVID, our profile staff received a mail that they going to end the whole profile from the very next day...the question is now how our profile staff going to make it thru when our profile was ended in a day and bank wud not b doing much, rather then depending on the people already there in other departments higher profiles to adjust us into the system somewhr....n as we all was handling audit profile so sumtimes we had to be a bit strict for getting the staff asking them to follow the process..making them do additional stuff was always taken as a burden so but obvious due to which we r no one's fav either..tht never liked us much..hence the implications was no departments head wanted us to become a part of the teams that to from a operations profile in a bank full of sales targets in every department it was a big no no..finally after taking all the measures to save our jobs when nothing worked out .. one fine day i received a call from HR tht either u leave the job by your own or we have to fire you (it was sugary quoted but obvious) inconveniently i had to leave the job.. without a backup job..after 13 plus years of work ex..i feel cheated as after receiving the bestest rating and a promotion in the previous recent year of my tenure with all my hardwork n a travelling job, as a single parent, staying away from my four year kid at home leaving him wid my parents ..just bcoz the profile was finished i was all of sudden not of any use n 'no one' to the ICICI Bank..overall this is the culture of many companies asking the employees last minute to leave..the more I love n felt proud working for 'MY' ICICI Bank the more betrayed i felt when i had to leave it abruptly..thts y PPL say "Love your job, not the Company" . A learning I took back home pretty late

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Confessions on

by FreshRaita

Stealth

dirty tricks played by orgs to Lay Off employees

It's getting dirtier by the day and sure some orgs are still up to their dirty tricks. The models: - Appraise and then Lay Off: Why bother putting bandaid on a stab wound? Anyways the folks are going to fight how to answer the ..why were you laid off war, and now you are adding another twist.. why were you appraised and then laid off? - Low appraisals to force quit: Undervalue them so they leave on their own. It’s a leeches way to cut costs. Kill morale 100%. Severance penny spent $0. - Trap them in PIP: Dress it up however you want - very very few escape this death sentence. - Silent treatment: No assignments, No meetings. Watch them spiral into anxiety and leave to save their sanity. - Workload overload: Drown them in work until they break. No need for layoffs list until they make it to your collapse list first. - Strategic reorg: Re-organize them out of existence. Offer a demotion or a proxy role in a random team that you know they dont want as an alternative. - Sudden policy changes: oh! I have seen so many I can't keep up with this one. New policies that make their life hell. People leave to escape your pettiness. - Mandatory relocation: Demand they move to an undesirable location. Then you treat remote employees like outsiders. Exclude them from key projects, conversations until they feel like foster care kids, second-class citizens. You know the outcome from there on. - Use the "Culture Fit" excuse: Call out how they’re not a culture fit. Vague, unchallengeable, and forces them out without severance. And don't sell me "the org has got to do what it has got to do to survive" line. I don't buy that If you have seen this being done, I understand your silence, but I don't value it. If this has been done to you or someone close to you, I am sorry. Orgs and the people failed you. We could be 1000x better than what we are operating as.