Thread regarding U.S. Bank layoffs

6 replies (most recent on top)

Lot of really great, really smart people in CQA, that’s too bad.

by
| | Reply
Post ID: @g0+1k85ckxdq

Openings in Poland.

by
| | Reply
Post ID: @e0+1k85ckxdq

@bg Valid point! It reminds me of the scene in Jurassic Park where the electricity to the fences go down and there is nothing keeping them Dino's from roaming around freely. Ha!

by
| | Reply
Post ID: @d4+1k85ckxdq

@bg Is that why CQA is being pulled out of customer remediation validation?

by
| | Reply
Post ID: @bp+1k85ckxdq

@bg i hope the bank is more proactive than reactive when it comes to that. It may be possible that they just re-hire people they let go in the future if regulators start caring again, but there are some significant risks to that (Especially with a company that clearly isn't trying to expand the # of employees). I think these areas will get trimmed a bit but not fully go away.

by
| | Reply
Post ID: @bh+1k85ckxdq

I haven’t heard anything specifically, but I can’t imagine an area that performs testing for compliance and risk is going to go unscathed in this regulatory environment. Why does it matter if we are in compliance with the regulations anymore? Who is going to stop banks from harming customers? Certainly not the federal government.

by
| | Reply
Post ID: @bg+1k85ckxdq

Post a reply

: