Thread regarding U.S. Bank layoffs

Steve Jobs’ advice

Is this what the bank should do?

https://dailycaller.com/2024/06/10/starbucks-founder-howard-schultz-steve-jobs-advice/?utm_source=dlvr.it&utm_medium=facebook

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Yes, with mediocre growth, single digit year over year growth, within business lines where sworn competitors are showing 15 - 18 percent growth, wouldn't hurt to just start afresh with competent qualified, experienced leadership that has market presence, business credibility and subject matter expertise that can drive the business lines forward, not into roadblocks and hazards with the Fed, the OCC, the NY Department of Financial Institutions, and the CFPB. Until then, the ship has no captain, the sails are shredded and torn, the competitive seas are churning and that declining stock price is the barometer that the storm is coming from the South.

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