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Yeah. Could mean doing more with less time because we're in the office more. Or doing more work with less help because everyone else on the team was let go. But don't worry because AI and our less-paid teammates in India will be your coworkers.
The CEO's speech was mostly positive. But a few red flags stood out.
He mentioned " doing more with less "... this could mean anything, less pay, less bonuses, less hires, future layoffs
Also he mentioned continued investments in AI technology...
It's unfortunate that anything and everything coming out of these discussions no longer feels encouraging. Whenever Rhodes or any of the other C-level leaders speak, it’s met with an overwhelming sense of apprehension. I’m hopeful that this time they'll state that the focus on strengthening the bank to address the instability in the auto sector, but I have a feeling it’ll just be more of the same "do as I say, not as I do" rhetoric we’ve grown accustomed to from Rhodes.
If it's RTO I don't think it will be 5 days (yet). I think it will be a "all fully remote people become hybrid" kind of deal.
He may discuss 5 day return to office work for all employees. And possible future layoffs.
Too early to be about earnings. My guess is an RTO announcement
Quarterly earnings will be reported on 4/17 so probably related to that.