Topics regarding layoffs at First Republic Bank

Topics regarding layoffs at First Republic Bank

1000 Job Cuts

https://www.cnn.com/2023/05/26/investing/premarket-stocks-trading/index.html

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| 1012 views | | 1 reply (June 4, 2023)
Post ID: @OP+1mOHUolN

All in buy of FRC at $3 and change

This is the time to get in on FRC stock at $3 bucks and change. This was at $144 in early March folks. FRC is like a rock. It will go back up.

JPM buys up 1st Republic Assets

Good luck... https://seekingalpha.com/article/4598591-first-republic-bank-jpmorgan-comes-to-rescue

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| 700 views | | no replies yet
Post ID: @OP+1mpjafF2

Smug FRB employees

I work at another financial institution and came to check out your board. Pure schadenfreude. Every time I've met FRB employees, they were smug arseh0les. Wouldn't give our team the time of day. Rude and dismissive even at philanthropic volunteer... — read more 

$100B withdrawn from First Republic

https://www.linkedin.com/news/story/100b-withdrawn-from-first-republic-5624244/

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| 650 views | | no replies yet
Post ID: @OP+1mjNGiF4

I hope everyone has a plan B

If you didn't see this coming, it's your own fault. These layoffs were inevitable and written on the wall for weeks, if not months. I truly hope everybody saw this and is prepared because the job market in our industry is currently getting worse day... — read more 

cuts on the way

20-25% meaning 1400 - 1700 people to be let go by end of June. It will NOT be the people that helped get us into this mess.

Tough Times Indeed...

The scenario that bank staff are in is one that many have encountered recently. The pandemic and its economic consequences have forced many businesses to make painful decisions, including layoffs. As a result, FRB's folks are not alone in... — read more 

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