Layoffs seem massive, and we’re all on edge.
17 replies (most recent on top)
@b9 me as well, I cannot stand this toxic way of doing business
Is Capital Markets GBS&SS affected? Anyone knows?
@af Whats considered banking solutions?
@b9 Cap markets treasury as in GCS or Recon? Those teams? GBR as well?
13 in Cap Mkts treasury and risk that I know of. Across product, GTM, sales and PS.
I was not let go, but I can’t do this anymore. This company is awful in its current state. Beginning my search tomorrow.
Layoffs in the EMEA and APAC regions will commence tomorrow (Thursday) morning.
@a5 I am so sorry, I hope you land somewhere better.
@a8 Did they schedule a meeting?
@ah Rest of World
@a6 ROW?
My manager was notified today. My old manager was notified last week. This is in the Banking Solutions. I hear this is big.
Layoffs everywhere happening, US and Overseas both. Can confirm several already from our group.
@a3 US on-shore are definitely being hit today. Already know of 2.
32 years , done....
@OP I have been told that in my organization the EVP has told them in their leadership meeting that 100 in US, 40 UK and 50 ROW. This is for my function only there are other functions too but not sure of the impact or detail.
My SVP told me this morning that India have been notified, US started this morning and ROW is tomorrow.
I was let go this morning, US based. Tenured over 30 yrs.
I see this RIF is mainly focused on India. I do not see/hear anything w.r.t US. I also read that this may continue until Friday so too early to confirm US colleagues are safe.