Does anyone have updates about the Bank layoffs? I know some people in Bloomington have been given offers and others let go.
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Is anyone left in the Bank? Or did they layoff everyone without realizing there was still a business to run?
MS and EM are gone now. Who remains in the AVP roles?
The 890 is Enterprise Technology only.
SF Bank with all its compliance issues, among other major problems, is a disaster. Factor in tremendous loss of knowledge from those leaving 8/31 and the chaos from shuffling people around the Bank has a steep uphill road to relevance.
MS, along with his crew of loser AVPs like EM, KM, etc., have all but destroyed the Bank. I wish those remaining well, but I advise them to get out of Bank by posting out or leaving altogether. It's going to get worse.
Does the 890 job cuts include or exclude Bank?
I have the bank org chart if anyone wants it . Don’t forget to take any class that will give you money before you bounce
Hopefully any external hired in St. Louis knows that site will close in a couple of years. They only reason it was kept open is because of the experience and the people with experience opted out.
Bank announcements are done. Everyone knows their fate at this point.
There are several job postings out there for Bank jobs since so many people opted out. Both internally and externally. I feel sorry for the poor souls who unknowingly apply and get hired into the mess they call Bank. An email went out today saying at the beginning of July you will see updates roles in Outlook, so hopefully they let employees know beforehand.
As far as I am aware there has been very little done as far as the transition of work. Typical.
One problem facing Bank is they no longer have management that knows anything about banking. They must realize it at this point and are merely targeting a sale.
The QTD is 8/31 but no plan regarding transitioning of work has been communicated. Rumor has it on June 30 the org chart will reflect the new assignments. Between all the people leaving and others being moved around there is a ton of work and knowledge to be transitioned. Bank will be even more of a mess come September.
The updated Bank org chart was shared with us last week. At this point all Bank employees should know if and where they have been placed.