Ray A. Smith

speaker

910 appearances 20 recordings 1 series first heard Jun 2018 last heard Nov 2024

Ray A. Smith’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Quiet Cutting: Workers Are Being Reassigned Instead of Let Go · 1 Sep 2023 podcast

As you can imagine, it's probably, you know, it's a range of emotions. voice-verified

The people that I talked to said they had everything from relief that at least they weren't laid off and they still had a job to anger. voice-verified

They were just angry that they had no say in where they were going and what they were being told to do, basically told to do or else. voice-verified

Some people had dread that the company was sort of sending them some kind of message about what they truly think of them. voice-verified

People said it took a toll on their mental health even. voice-verified

There's confusion because sometimes people are thrown into roles where they don't even have the kind of expertise that role requires, but they're expected to sort of sink or swim and they end up floundering. voice-verified

So it can really do a number on one's self-esteem. voice-verified

You know, some people do accept it and they're grateful to still be employed. voice-verified

And they also figure maybe there's another job I can find at the company if I stay long enough. voice-verified

I don't have to do this forever. voice-verified

So maybe I'll find another job within the company. voice-verified

So some hang on in the hopes that they can find something else. voice-verified

Some signs that people should look out for include a reassignment that is basically a demotion. voice-verified

It's a job that is far below the pay or skill level that you currently have. voice-verified

Another is being offered a role that requires relocating when your boss knows moving really isn't a real option for you. voice-verified

Another sign is being reassigned to a division that's rumored to be on the chopping block. voice-verified

So those are just some things to look out for. voice-verified

Absolutely. voice-verified

They are at risk of that. voice-verified

But some companies' attitude is we're willing to take that risk. voice-verified

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