So sad to see employees specially lenders with over 20 years being laid off like nothing, like trash :( while giving their life to a company that does not care.
Assistant manager in bank retail
So today news, the fed approved the final piece of the Back of Cali and Pac west merger.. will they keep certain retail branch positions like assistant manager? Are they closing doors or are they saying they are keeping all of it the same?
I heard that most lenders received their letter
I heard that most (not all) but most of employees in the lending side of the company received their letters yesterday 10-03-2023. After asking around, unfortunately several of them have been let go! Just like me, please start looking else where... — read more
SVP total Rewards officially laid off
Human Resources total Rewards department affected by laid off. SVP erik laseure confirmed to be laid off from pacific western bank due to merger with banc of california. So sad. Hope not many more employees are laid off.
What is going on????
Anyone knows anything???
BSA Department will be laid off
information going around is that BSA Department will be laid off, BSA officer looks very nervous!
REBECCA C - HEAD OF HR we wish you luck in your future endeavors!!!!!!!!!!!!!!!!!!!!!!!!!!! cant wait
we wish you luck in your future endeavors !!!!!!!!!!!!!!!!!!!!! CANT WAIT
does anyone know if its true that also all UTILITIES will be laid off?
rumor is that utility representative positions will be eliminated, including UTILITY MANAGERS, does anyone know anything?
LENDING DEPARTMENT DIVISION LAYOFFS
PACIFIC WESTERN BANK WILL LAY OFF STAFF FROM LENDING DEPARTMENTS Leaked information. start looking !!
RUMOR IS THAT ALL ASSISTANT BRANCH OPERATIONS MANAGERS WILL BE LAID OFF
BANC OF CALIFORNIA DO NOT HAVE THE POSITION OF ASSISTANT BRANCH OPERATIONS MANAGER RUMOR IS THAT THE POSITION WILL BE ELIMINATED AND ALL ASSISTANT BRANCH MANAGERS LAID OFF IM SOOOOO SORRY FOR EVERYONE WHO HAS THIS TITLE AND I HOPE THESE ARE JUST... — read more
RUNNNNNNNNNNNNN
the sh-t show is about to start!!!!
"PacWest Stock Decline Indicates Bank Fears Persist"
https://www.wsj.com/articles/pacwest-stock-decline-indicates-bank-fears-persist-4569556b?mod=hp_lead_pos3
PacWest and the bank contagion
https://www.bloomberg.com/news/articles/2023-03-13/us-regional-banks-remain-under-pressure-as-first-republic-sinks?leadSource=uverify%20wall
Layoffs are here
They started cutting people and the CEO is one of them.