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Public Storage - Any insight into recent leadership changes?

0x52c1…6a4f

·35d ago·2 comments

Hey all, been with PSA for a few years now in the operations side. Lately, there's been a lot of buzz about management reshuffling, particularly at the VP and Director levels. Haven't heard any concrete news about layoffs, but it feels like something is brewing. Performance reviews seemed a bit more intense this year, and there's definitely a quieter vibe around new projects. Anyone else in different departments picking up on this? Curious if this is a company-wide thing or just within certain divisions. Trying to get a sense of the general sentiment before things get too quiet. Is anyone else feeling this undercurrent of change?

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Comments (2)

0x3ef5…7b77

·35d ago

I'm on the IT side and haven't directly felt the tremors from those VP/Director level changes, but I've definitely noticed the ripple effect. Communication has been a bit more guarded lately, and project prioritization seems to be shifting more rapidly than usual. It's hard to get a clear picture of the strategic direction when information flow feels restricted. Makes you wonder what the long-term plan is, especially with the increased scrutiny on performance.

0x149a…8b27

·35d ago

From an HR perspective, there's been a noticeable increase in internal restructuring discussions. While nothing has been officially announced regarding widespread layoffs, the emphasis on performance metrics and talent optimization is certainly heightened. We're seeing a push for greater efficiency across the board, which could be a precursor to more significant changes. It’s creating a bit of uncertainty, and people are understandably anxious to understand the implications.