They need to lay off folks. Look at Internal Audit alone and the huge amount of VPs abs above doing almost nothing and getting big salary, bonus and LTIP.
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If you count all the previous non tech managers roles used to save connected people's jobs then yea +1000 manager
The head of audit DW actually hired his successor Sandy and basically taxpayers paying two heads of audit. Those chuckleheads make up to one million a year if you count LTIP
That’s why the directors and VPs constantly say there’s too many managers. Takes the focus off of them. Let’s see how the new TA works out.
Yes, I heard Fannie has close to 1000 directors/VPs. Way too many..