Do you think there may be small/medium/large Citizens Financial Layoffs 2020? Any news or rumors?
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Also, the chief compliance officer for Commercial Banking and Wealth Management was laid off in March 2020 . They are starting with the most highly paid executives and working their way down the ranks. People who are doing just a risk job or just a compliance job will have their roles combined. Doing 2 jobs for the price of 1 job. That’s how they are coming up with the drastic headcount reduction target number.
They are going to be combining risk and compliance in the second line and are cutting risk jobs in the front line as part of project top. They just shifted a woman who was head of reporting in the enterprise risk group to head of risk administration and transformation. They needed someone with a hr background to do the layoffs. The guy who was head of risk administration was just laid off. It is going to be bloody. The target is 20 to 30% reduction in headcount.
Noticed so much dead wood , It’s time some of the so called managers in charge of customers privacy , our checking account has some errors , it may be time you investigate these management head ? Bank Fraud it’s happened in the past and who knows who some of these Vice Presidents Presidents are involved with outside of work Criminals come wearing many hats it may just surprise your CEO Citizens have many BS artists that hang with Career Criminals ? Federal Criminals bearer bond money money its easy to spend some poor souls money
Check your People out it’s time you wake up to these snakes in management !!!