| NP here and I’ve heard the same. Doesn’t anyone talk to anyone in person?? |
Nonsense. The aim is to get to 2019 levels. As is the goal for many agencies, for obvious reasons. They’re likely already there. |
I heard we were back to 2017 levels but I also heard PA and MU (not that he matters anymore) do not want to do RIFs. Part of that is the optics of laying off market regulators at a time when the market is very volatile. That doesn't mean they won't make things harder to drive people to quit but not through RIFs. |
| It’s the DOGE affiliate at the SEC who is suggesting the need for a RIF. |
His genius idea to send an email to staff for “ideas for efficiencies” didn’t come up with enough cuts? Shocking. |
So if PA refuses to RIF, what happens? He gets fired (for not laying off market regulators who add nothing to the deficit, after hundreds of staff just left)? Who would fire him? |
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MU did a Q&A at an industry event a couple weeks ago. Most questions were about the impact on operations with loss of staff.
They can wait six months and do another VERA. RTO is miserable and more people will take it. But I’ve also heard PA and others do not want a RIF. Guess we will find out quickly how much influence he will have or whether he’s just gonna do whatever he is told to do. |
Told by whom, exactly? |
As someone who left to biglaw in the last 6 months, I can say that we're sensing a certain weakness -- an opportunity to full court press staff on everything. They're overstretched, scared of generating adverse precedent, and not getting backed up by Division leadership and the 10th floor. |
| If they really want to improve morale they can at least give us the merit increase they withheld because of supposed “bad optics”. |
I’d trade a raise for telework any day. It is a shame they took away a aenifit available to staff for two decades just to get people to quit. A**hats. |
This. |
. Yes!!! I’ll take it! |
+1 |
| Yep |