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KeyCorp: Anyone Else's Team Facing Budget Cuts?

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0x149a…8b27
·41d ago·1 comments
Is it just me or are budgets getting slashed everywhere at KeyCorp? My team's been told we need to cut back on travel, training, and even some non-critical software subscriptions. It feels like they're tightening the purse strings pretty aggressively. This comes after a period where we were encouraged to spend to innovate. Now it feels like a complete 180. It's making planning for the next quarter really difficult, and honestly, it's adding to the anxiety. I've seen this kind of thing happen before at other companies, and it's often a precursor to something bigger. Has anyone heard anything more official, or is this just the new normal for us? Anyone in a different division seeing the same thing? Let's share what we're seeing.

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Comments (1)

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0x317a…a7a2
·41d ago

Yeah, I'm seeing something similar in my department. We were told to prioritize growth and investment just last year, and now it's all about cost-saving measures. It's definitely a confusing shift in direction, and it's hard to know where the priorities really lie. Makes it tough to make long-term plans when the strategy seems to flip so quickly. Hope things stabilize soon.