6% headcount reduction ask by end of q1 2026 acrossthe board. YE process used to identify along with freeze on any new backfill requests from November 1st and retirements.. Usual stuff combination of all
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Shutdown this site now!
I can’t remember a single month to where the same claim is made.
Every month…
“ x% headcount reduction ask by end of Q1,Q2 or whatever.”
Sometimes it happens, sometimes not. Gets old.
@cj new york , London, Singapore. If you d or md. On the list q1 2026.
Or possibly cut, laidoff or Fired after only a few months on the job, Not even after 1-2 years.
Unless you're unemployed or being abused by your current employer, do NOT leave your current employer for Sh!tibank !
You could get Fired / Laioff after only a few months on the job at Sh!tibank !
Lehman Brothers, Bear Stearns and Credit Suisse were still giving out job offers 3 months before their ultimate demise, and 3 months before the Regulators ordered their sale and RRP.
It was obvious those companies were terminally ill and in hospice care. It was question of when, on what date they would ultimately D!E, Not If they will D!E.
Same is happening with $hitibank. ☠️💩🏦💩☠️
@b8 that's why it's an "ask" to identify headcount and ties into previous commitment numbers.
Non backfill using AI as the reason will do the heavy lifting in 2026
@OP going to call BS. 6% represents -13K people. Since the start of Bora Bora we've only managed 10K. Could we hit that # by end of 26'? Sure if we keep passing Fed exams clear consent order etc. agree there will be layoffs but more in the 3-5k range.
Such a sh---y place, cannot believe they manage to still convince people to accept their job offers, knowing they might be cut in 1-2 years time...