That must mean we're safe from layoffs, right? No need to get rid of people when things are going great. Right? Right?
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It's all going to executive bonuses and the bottom workers' severances.
As a shareholder I would like to see expenses drastically reduced still
Cut the deadweight. Reward the talent
from the earnings report, "Noninterest expense down 1% from 3Q21–Personnel expense down 2% on lower salaries, employee benefits and incentive compensation expense, partially offset by supplemental pay for eligible branch employees in 4Q21"
This means they reduced salary & benefits expense to the organization by a full 2% in the 4th quarter alone.
I needed a good laugh today.
Who cares about profitability? Charlie cares about the efficiency ratio.
Who cares about profitability? Charlie cares about the efficiency ratio.
The only logical conclusion is that WFH has yielded excellent results. Therefore, intelligent leaders should not continue to push half- truths and outdated philosophies about the need to RTO.
/sarcasm