Just got word that business line reduction mandate from the top to cut staff has been enacted . Seems to be a bank wide directive.
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Nope because they're letting the NJ/NY IT Backoffice workers go due to spamming every single thread on this website.
Is US Bank keeping the MUFG UB New Jersey / Nee York corporate offices open?
Any update on this?
EVERY BL was told to cut expenses. That either means bodies or “nice to haves”. There’s more coming
Small business bankers are next.
They will probably make announcement or talk about layoff during next week conference call, just like other banks with mass layoff this month.
Other Wealth management firms are still hiring, better start looking before everyone else does
Not surprised. I've heard there is a hiring freeze, a warning sign of layoffs.