Any truth in this?
3 replies (most recent on top)
This is true.
The company is known for massive layoffs every year, typically in the fall and early winter. The financial services business just started laying off a slew of its employees globally. The company is not doing well--do not invest or apply for a job there.
About 45 people were RIFed on 6/2/14. Mostly east coast. This won't be the last round based on continued loss of customers.