SEC - why not even a peep from leadership?

[Anonymous]

About RIFs, potential restructuring, how many are leaving, etc? It’s bizarre. Every other Fed I know has leadership that at least gave them a courtesy of an update on these things.

Maybe ours just doesn’t care.

[Anonymous]

Great question.

[Anonymous]

Because MU is an AH? I mean that's pretty much the answer to any question you might have about all of this.

[Anonymous]

I imagine it’s because they haven’t been told/don’t know.

[Anonymous]

Anonymous wrote:About RIFs, potential restructuring, how many are leaving, etc? It’s bizarre. Every other Fed I know has leadership that at least gave them a courtesy of an update on these things.

Maybe ours just doesn’t care.

Because no news is good news under the circumstances; because it's understood it'd be unfavorable to put MU on the spot and make him decide; because PA will be much worse than MU so a caretaker administration is as good as it gets

[Anonymous]

But how much longer can they wait? They have to tell us something at some point. I can’t do the tension anymore. I’m miserable.

[Anonymous]

Anonymous wrote:But how much longer can they wait? They have to tell us something at some point. I can’t do the tension anymore. I’m miserable.

You’re not alone. It’s physiological torture to treat us like this and expect us to be productive.

[Anonymous]

Anonymous wrote:

Anonymous wrote:But how much longer can they wait? They have to tell us something at some point. I can’t do the tension anymore. I’m miserable.

You’re not alone. It’s physiological torture to treat us like this and expect us to be productive.

Psychological

[Anonymous]

Anonymous wrote:

Anonymous wrote:About RIFs, potential restructuring, how many are leaving, etc? It’s bizarre. Every other Fed I know has leadership that at least gave them a courtesy of an update on these things.

Maybe ours just doesn’t care.

Because no news is good news under the circumstances; because it's understood it'd be unfavorable to put MU on the spot and make him decide; because PA will be much worse than MU so a caretaker administration is as good as it gets

All of this, plus every single email ends up in Bloomberg within hours.

I don't understand what people want them to say: knowing how many people left does not tell you whether you'll be RIFd, and they are unlikely to confirm anything about restructuring before PA is confirmed. The reason other agencies have more information is that their politicals arrived sooner and RIFs are in progress. I'm quite happy hearing nothing with RIFs not in progress.

[Anonymous]

Well, the plan was due a week ago to OMB. So they know.

[Anonymous]

pretty sure that the 45 day consideration period for the fork contract doesn't end until early april, and the VSIP/VERA election didn't close until a week ago.

they did not propose any RIF mar 13 given the numbers anticipated to take the fork/vera. once all of the exits are processed they will probably announce the restructuring.

of course doge is now onsite so maybe they'll force a RIF anyway.

no news is just that. there's no definitive news.

[Anonymous]

The “positive” plan is due in a couple weeks.

[Anonymous]

Anonymous wrote:pretty sure that the 45 day consideration period for the fork contract doesn't end until early april, and the VSIP/VERA election didn't close until a week ago.

they did not propose any RIF mar 13 given the numbers anticipated to take the fork/vera. once all of the exits are processed they will probably announce the restructuring.

of course doge is now onsite so maybe they'll force a RIF anyway.

no news is just that. there's no definitive news.

What’s the difference bw a RIF and restructuring?

[Anonymous]

Anonymous wrote:The “positive” plan is due in a couple weeks.

What’s the positive plan?

[Anonymous]

Anonymous wrote:

Anonymous wrote:pretty sure that the 45 day consideration period for the fork contract doesn't end until early april, and the VSIP/VERA election didn't close until a week ago.

they did not propose any RIF mar 13 given the numbers anticipated to take the fork/vera. once all of the exits are processed they will probably announce the restructuring.

of course doge is now onsite so maybe they'll force a RIF anyway.

no news is just that. there's no definitive news.

What’s the difference bw a RIF and restructuring?

RIF = firings.

Restructuring = reorganization, which could come with reassignments, firings or both.