HR employee here. Leadership is mentioning mass companywide layoffs by summer. Q1 is shaping up to be terrible in terms of financials and stock price performance.
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Did the Head of Public Finance leave?
Any update on the mass layoffs!
What happened to the Head of Public Finance?
BS
I heard on a call very recently something about RIFs.
We’ve been missing your quarterly “Truist is getting ready for massive layoffs!” post. Knew I wouldn’t be disappointed.
What a load of bull cr-p!
Fake news!
This the same “insider” that in here and claims the pension will be frozen every few months
Yes, bring it on!
Oh my……not this cr-p again
Always the same “insider” info. Always turns out to be completely false.
Assume you are turning yourself into the SEC for violating disclosure laws
More than likely they'll sell off the retail side to save IB and Commercial. I expect to see them pretending to act surprised toward the end of summer so they can lead up to layoffs in the fall, hence the Skill Assessment they're pushing now. Cutting is ELs only tool to make fake profitability.
Elon, is that you?
Quarterly Layoff Troll, is that you again?
My bigger concern would be that they have a standard that does not take account of the broader market for the change in stock price. The whole thing is geared towards not paying out. We get AIP destroyed by their sale of insurance, but only a 7% bump for a good year? Garbage.
Lies! State your name