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I do not see a correlation there. Right or wrong, senior leadership feel everyone (I mean everyone including someone in IFS retiring in 2 years) should have a basic knowledge of analytics , robotics etc., to prepare the staff and the firm for the future; that does not necessarily mean layoffs.
I do not think PwC is in the business of a sweet kiss goodbye. It’s a profit oriented business and will give us a boot whenever it feels so, unfortunately.
Ha...gotta say I had the same sorta feeling before our sale was announced but for different reasons.
Why would more training of the employees lead to more layoffs of those people that have just been trained? Do you mean more resignations instead of layoffs?
Okay, still doesn’t answer the question of why providing more training to the workforce would result in layoffs.
We don’t lay-off people like we’re a factory. Tim Ryan isn’t up there asking for a lay-off quota. Either you’re let go because of non performance against the progression model or you stay and fight another year.
Whether your performance is objectively evaluated is a different story. There’s a lot of well deserved debate there.
Digital academy was a bloody awfully executed but the thought and reason behind it are sound. Programs like this are not cheap. No one is going to spend money behind employees to soften the blow of an upcoming firing. That said - if they use non participation in academy as a reason to withhold bonuses or promotion (and I believe they are) then you’re well within your rights to argue about whether that is the right move.