Yup lot of folks have been laid off in credit risk and mortgage and consumer lending practice. Including executive level folks like 1 Director Hemanth Brindavan and One Managing Director Anita Agarwal....
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This is incorrect information and can land you in trouble.
Why did you mention their name? That's violation of privacy. They are not "executive level" either. At big4, unless you are senior partners, do not even think of job security.