Will there be a lot?
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Welcome to being “woke”.
Did this site really censor cr--kers?
That's fine as I peddle trinkets on etsy's. It's not alot but it keeps beer in the fridge and cr--kers in the cabinet so I'll survive. Hopefully they pay a nice package then I'll go work for another bank as my skills transfer
There have already been many people leave this past month for better offerings elsewhere proactively out of expectation of Q1 layoffs. Its more than a rumor floating around. I’ve already been told by my current manager that he has to creatively shuffle people around in order to keep from laying them off in Jan.
Teams are merging and job roles are morphing. Its happening that’s for sure.
As long as the share price goes up cut em all!!!
A bank with a soul!
It’ll probably happen both before and after the holidays.
It’ll happen the first part of 2023. Yes, it’ll be sold with a “productivity” or “performance consolidation” spin on it. A little bit of some “got some good news and some bad news” type feel to it but no matter how you sell it, its a layoff nonetheless.
Don’t worry. The upper echelon will be safe. Its always made me laugh,
“we have to navigate these rough waters”
and employees thinking “well managers, its your lead we were following that got us into these rough waters”
“Yeah, well we gotta layoff, its the right thing to do. Don’t worry though, me and my manager friends will be ok.”
Pretty much how it goes.
Q1 its happening. As I’ve been told, it’ll be quite brutal. “Productivity consolidation yada..yada..” however you want to phrase it, the end results will be the same, people losing their jobs.