We were unexpectedly pulled into a team meeting by our C13 yesterday, which was unusual. After the 50% layoff on June 10, we were informed that the layoffs are not finished. The remaining members of our team are expected to be let go sometime within the next couple of months as the work is being offshored.
We were also told that the remaining KYC functions in the U.S. will be offshored in waves throughout the rest of the year.