https://www.charlotteobserver.com/news/business/article316519034.html
10 replies (most recent on top)
Thoughts and prayers for the backstabbers
2027 will be massive desperation cuts due to higher AI token costs and so many high priced exec and AI hires.
It's literally the only time Shart is speaking without lying. Though I will say that he's minimizing it at times. He pretends that outsourcing isn't downsizing. We're actually down over 115,000 Americans since peak employment, between contracting and outsourcing and role elimination.
Nothing more than bullsh-t misdirection. All the firings have not led to a reduction in Employee Cost or Non-Interest Expenses, b/c they were replaced by high-price New Yorkers or AI Tokens.
If i am getting replaced by a young American citizen,. I am ready to go. Nowadays they are sending emails to young college graduates asking them to join this bank.
We didn't need the Charlotte Observer to tell us that. Anyone who listens to the first 15 minutes of any earnings call will hear Charlie Crow about it. 79k net job losses since 2029 and likely 20-30k more to come. The pace seems to be around 12,000 layoffs a year.
It's not a secret if Charlie is is telling you every chance he gets
@ac
boiling frog
Tuesday has entered the room
Working at this company is like drowning in slow motion
Is the strong US economy in the room with us?