Thread regarding Credit Suisse layoffs

2nd quarter layoffs

Risk and Compliance departments merged so layoffs are happening since July. New York jobs moving to Raleigh NC too.

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Post ID: @OP+16u8jQ0C

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Credit Suisse is throwing one last hail Mary into China by tripling their headcount. In Feb, they denied many employees a pay raise or bonus. Folks in Raleigh have already had functions completely moved to China. In Raleigh, there are currently several Chinese counterparts coming and working towards a complete transition to Mainland China.

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Post ID: @3vpfe+16u8jQ0C

Anyone working in the NY office is weird! CS has been a bad place to work since 2015. Been a deadens job ever since - my bank won’t interview people who stay at the bank after 2016. If one is unable to see a sinking ship how much can they really help?

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Post ID: @Bqbq+16u8jQ0C

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