Looks like it’s official. Mass Email distribution today outlines that GTM will be dropping the axe in non-hub markets. Apparently some limited staffing will be maintained in a few other smaller non-core areas, but no hiring. Shocker, the American cesspool we can San Francisco is not going away. No exact timeline, other than now through 2027. I expect sooner rather than later.
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Anyone know what's going to happen with remote employees in hub locations?
@7hqvc
WS def on the safe list because Heather site there and she sent the email
Surprised W-S is on the list, I thought everything in that city was getting shut down.
Hubs they’ll continue hiring:
Charlotte NC
Dallas TX
Des Moines IA
Minneapolis MN
Phoenix/Chandler AZ
Salt Lake City UT
Limit hiring:
Los Angeles CA
Miami FL
New York
San Francisco
Winston Salem NC
Hiring not permitted:
Chicago
Philadelphia
Wilmington DE
Raleigh NC
Washington DC
Metro Area DC
They mentioned up to 2027 but I do believe this is happening soon
Ok, so what are the hub / specialty sites for this group, and what current locations will be getting the axe? Jacksonville? Who else?
GTM= Treasury Management
Why are you mad at San Francisco and not New York?
@1mqv+1ss7hqvc I believe that it stands for geographical target market. I may be wrong.
The memo was sent by Heather M.
Jacksonville is a pretty big gtm office that's not on the location list. All those people are sc--wed and the teams they're on will be sc--wed when they all get let go with no one to replace them.
I am GTM and haven’t seen this. Who was this sent to and who was the sender?
San Francisco is slowly being sized down too. There are only 42 jobs available today on the website. Those of us who work in San Francisco need jobs too. No reason to insult the city.
Global Treasury Management
I know what ATM is but WTF is GTM?
Sorry, what's GTM again?