Glad to report there will be no more cuts. Few heads being saying that recruitment is full steam ahead now. Too much BS on here.
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It's also called 'rightsizing'
March 2nd big cuts are coming. I am probably one of them.
I worked at a place part time a few years ago and they called getting laid off ‘optimization’. So when you asked about someone that got let go, you were told they were ‘optimized’. It was around thus time that I began drinking heavily
Share price is very low and some say it to drop to 35$ per share by June. However, leadership have it under control. No more lay offs in 2020 is the message. Have faith people. #♡thebank #trueleaders
Staff action is like Super Mario Bros, but you're the little mushroom dudes that get squashed
What is the difference between staff action and lay-off?
We will have staff actions.
TRANSLATION:. We will have layoffs.
Staff actions is the current buzzword for being laid off. They don't say layoffs when they can people. They say they had a staff action event.
What is “staff actions”? The company goals are streamline processes, cut expenses, move processes to less cost effective locations, etc. Earnings was down again. Read what our interim CEO said I’m sorry but layoffs will continue. Can someone please close this?
Fake news, L1 and H1 are again getting approved, so use your 2 sense!
Most of the LOB are being challenged by US based employees for example #Custody and felt threaten as they are highly non technical, Pune and Chennai are Yes/Sure guys but do not produce anything. Combination of non technical middle management and Yes/Sure worker are great combination for driving bank towards bankruptcy! And no one can do anything! These cu-Ning devil will always survive no matter what.
Apparently its true folks. No more. Its all done and dusted.
I can confirm that no layoffs will occur. Many associates will be staff actioned. Yes. Lots and lots of staff actions. But no layoffs.
False- I have some staff actions on March
Ok you are right. Poland and Pune are recruiting and hiring big time..... There are you happy. Ive been in meetings last to weeks where a large portion of my workload will be moved. So just because you are taking my job and you are excited about it doesn't mean I should be
Fake news - it might not be in large waves but people are getting fired, laid off, or leaving on their own accord everyday.
Where did you get your information from? The BS Gazette??!!
This thread needs to be removed. It's honestly not very funny at all. Most all departments and divisions in the USA will certainly have layoffs. People on this site just want to hear what's really going on with thier jobs and don't need your bs. They need the truth.