Just got word.
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yup. They already removed the IA PBWM leadership team and moved them elsewhere
Just means more work for the same pay for those that are left.
It’s not like all products/functions are being eliminated. Just that Org. It’s being split up and restructured into other orgs
Every division? How will they bring commercial sales/service goals?
a huge reorganization bcs stock has dropped 40 percent and in order to maintain a $25M bonus there has to be lay offs
So is PBWM. I mean it’s not secret info, it was a giant press release. Things are being merged and centralized. The work still exists, it’s just restructured and reorg’d. And then people will be de duped. Be prepared. It’s a huge reorganization.