NC, Boston brokerage / wealth workforce to receive significant cuts.
Level 5,6,7 and few 8s confirmed to be impacted.
9 replies (most recent on top)
If they need to make cuts they should go after HR - useless. The linked in influencers and thought leaders with VP titles should be top of the layoff list too. Sad thing is that they will probably rif the people actually doing the work.
Lots of mmk IT folks were forced to re-locate (about 7/8 years ago) or lose their position. Are you all saying now NC folks are being asked to re-locate?!?!
It's almost like there is a traitor within trying to ki-l this firm. One d-mb move after another. YIKES.
Sheesh, it’s almost like they need the workers and should do something about the crowded building. Aka allow more wfh.
Boston /NC doesn't have capacity to accommodate RTO mandate, not with current headcount.
So i am not surprised by the move, it was a long time coming.
I've been hearing humors in Wealth since past month, people talking in cafeterias, team meetings.
I’m in NC, does it mean very small amount of people will be left in NC and everyone else is forced to move somewhere else or laid off?
Does anyone know when it’ll be final?
It's not just brokerage, but also Wealth.
Confirmed with multiple level 8 sources
What is source ? Seeing these posts for long time now