Telling staff their lines of business are safe.... then approaching regulators behind their backs to apply for offshoring. Could this be possible or is it office gossip? Weak management jumping to to tunes of greed.
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Corruption in New York and Charlie's government ties = perfect, just perfect. Hence the slave market that exists. Horrible place to work by all accounts.
Do you want charlie back? You can have him
Yep...I heard the "London Slasher" is ready to cut more headcount in an effort to increase his bonus before he retires. He is one human that needs to look at himself in mirror rather than trying to promote his subservient circle of "do ANYTHING for a promotion" girlies. Everyone knows but no balls to speak up.
It's not weak management as such, its just the way the industry and the world is. Loyalty and driven colleagues can't be spent by shareholder, everyone is driving costs down to push dividends up. The industry doesn't care about servicing retail clients, its all about being appealing to the large fund managers and they like growth and dividends.
You have two choices, hate it and find a new industry to work in or change your attitude to your job.
Still, I've you've got time for office gossip consider yourself lucky, plenty of Operations staff working 12 hours a day at the moment because the true weak managers are too scared to tell Todd that this is not BAU.
More than possible. Another business line is being moved to Poland in due course. Trying to get regulatory approval one believes. Yanks play the tune. British dance to it.
I think you answered your own question.