Thread regarding Bank of America layoffs

Us the bank done with layoffs?

I believe the bank is done with all layoffs.

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Post ID: @OP+13WWoHee

5 replies (most recent on top)

Pretty sure the layoffs are over. Clueless management doesn't have the guts to layoff in this environment.

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Post ID: @4vor+13WWoHee

I think the bank will not be allowed to lay anyone off. Either there are excess redundant people, or there are not.

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Post ID: @4yvs+13WWoHee

What a foolish thing to say, the Bank is racing to deploy Trifacta. If you have not heard it is an automation app that fires people people you do not need them anymore.

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Post ID: @4ulw+13WWoHee

When loans default, and companies go bankrupt, expect ripple effect to all banks - and layoffs.
Average consumer is loaded to the hilt with debt, so it won't be pretty. As rates drop to 0, then margins squeezed and profits for the banks take a nosedive.

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Post ID: @1zyo+13WWoHee

Only in your dreams.

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Post ID: @emh+13WWoHee

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