2 more big layoffs are coming this month.
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They report earnings on 1/15/2025. If the animal spirits have died down by then, NII is down, commercial loans down, deposits down or anything else and they need a scapegoat -- "efficiency" will be the scapegoat. Need to cover up this blind, fearful bank.
One more around on christmas eve. Don't think they won't do it!
What massive layoffs?
1qkz+1vVgmmXZ
We do, and it's all at Hudson Yards. Guess which location won't be significantly impacted by layoffs?
While there is still a lot of dead wood, the way Wells Fargo is doing it they are cutting fruitful branches too.
Bring it on!
We need to weed the deadwood out!
How did CS’s total headcount increase by 400 from yesterday to today?
Fu-k this place. Asset cap lifted and back to growth by 2nd half of 2025 or they need to show Charlie the door. He doesn't deserve 30 million in compensation.
@oks+1vVgmmXZ They wanna meet the layoffs number goals by end of year.
Wouldn’t there only be one more? 24th is a Tuesday after payday.
:(
Sigh