Anonymous
03/29/2025 13:59
Subject: SEC - why not even a peep from leadership?
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.
Anonymous
03/29/2025 13:08
Subject: SEC - why not even a peep from leadership?
Anonymous wrote:The “positive” plan is due in a couple weeks.
What’s the positive plan?
Anonymous
03/29/2025 13:04
Subject: SEC - why not even a peep from leadership?
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
03/29/2025 13:02
Subject: SEC - why not even a peep from leadership?
The “positive” plan is due in a couple weeks.
Anonymous
03/29/2025 12:59
Subject: SEC - why not even a peep from leadership?
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.
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
03/29/2025 12:58
Subject: SEC - why not even a peep from leadership?
Well, the plan was due a week ago to OMB. So they know.
Anonymous
03/29/2025 12:52
Subject: SEC - why not even a peep from leadership?
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
03/29/2025 12:43
Subject: SEC - why not even a peep from leadership?
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
03/29/2025 12:43
Subject: SEC - why not even a peep from leadership?
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
03/29/2025 12:41
Subject: SEC - why not even a peep from leadership?
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
03/29/2025 11:56
Subject: SEC - why not even a peep from leadership?
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
03/29/2025 11:52
Subject: SEC - why not even a peep from leadership?
I imagine it’s because they haven’t been told/don’t know.
Anonymous
03/29/2025 11:52
Subject: SEC - why not even a peep from leadership?
Because MU is an AH? I mean that's pretty much the answer to any question you might have about all of this.
Anonymous
03/29/2025 11:48
Subject: SEC - why not even a peep from leadership?
Great question.
Anonymous
03/29/2025 09:59
Subject: SEC - why not even a peep from leadership?
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.
Maybe ours just doesn’t care.