Thread regarding Credit Suisse layoffs

More layoffs at Credit Suisse

My best friend was laid off a few weeks ago, at their Raleigh office. They received a WARN Notice and a very vague explanation about the termination. Due to the sensitivity of it, they were not even allowed to tell anyone at their job what happened. From my understanding, management did not even explain the reason to the team or department.

Anybody knows more about these layoffs? Can we expect more any time soon?

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