We all know the massacre is coming. $20 on JR as the next MC member to fall.
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I'm on vacation and not gonna log in until Monday to check the org chart, but according to LinkedIn, whoever put their money (or cookies) on the EVP Chief DEI Officer as the next MC member to go appears to be the winner.
Anybody win $20 yet on chief party girl being let go?
@vf Do you have chocolate chip?
@aj You only heard it here because its made up. Check back at the end of the month, if there's been some massive layoff I owe you a cookie.
@t9 one glance at the org chart in RM&C and the amount of managers with 1-4 directs, a risk team for a risk not reviewed by the OCC anymore, wreckless spending on personal travel, legal fees and settlements being paid to silence auditors. JR has to cover the cost of her NY “consultants” as well
@k8 any insight into why RMC will take big cuts?
RMC will take deep cuts. So much dead weight there, including risks that don’t exist and managers who don’t manage anything other than their 401ks and country club memberships.
Going with zero layoffs on the 15th.
@aj I read in a comment somewhere that they'll start the 8th and run through the 24th. For whatever reason it seems more common to have them fall mid-month
One can only dream.
Are we thinking cuts across the board or certain departments impacted more than others? Extra management? What is everyone hearing? Honestly this is the only place I've seen or heard the July 15th timeframe.
That entire team should be canned. Bring in people from SUCCESSFUL banks.