Thread regarding JPMorgan Chase & Co. layoffs

Massive Layoffs Starting at US Bank Today

@OP+17dEoYD5

https://www.thelayoff.com/t/17dEoYD5

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Post ID: @OP+17djy1Ez

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JP Morgan not clearly explained
For decades, how Americans have been told foreign workers have their jobs because they lack the necessary skills. For decades, the bank's lobbiests and paid for politicians have run campaigns on the pledge H1-B benefits, to unprepare the nation’s workers for the future. I am sure there will be no reductions of dependence on cheap labor. It is time for a serious discussion about ending the H-1B program, as well as feel-good programs that fail to deliver, and give every American worket what they need and want.

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Post ID: @2tcy+17djy1Ez

Us Bank is beyond pathetic in tech...constant system glitches and issues. I work there and they have a long way to go to even come close to you guys

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Post ID: @2vyn+17djy1Ez

At least US Banks CEO is telling them cuts are coming. He is not allowing the grape vine and gossip be the communication mode that cuts are coming. They are afraid of a mass exodus which I don't think will would happen in todays COVID world.

But they have never been honest. I have seen staff RIF'd the day after they were promoted and moved to a new role. I have seen new hires RIF'd 2 months after they were hired. IN BOTH scenario's it was because work moved offshore or the location strategy does no longer warranted position at current site.

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Post ID: @1oie+17djy1Ez

Wells too. US Bank is well organized though - they are behind from the tech standpoint.

I think they will need to purge even more...

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Post ID: @1wjf+17djy1Ez

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