The rhetoric of “I think we are done” are just words manifesting from hope.

Guys, there are plans to layoff ‘x’ amount every single quarter. It may be all at the start of the Q or it may be spread out per month. Either way, each quarter is slated to let go a certain amount of people.

I’d love to tell you to breathe a sigh of relief but this will continue for the rest of the year.
Letting go 1000 in one day or spread out over a few months is still 1000 people let go. So don’t think just because its just a handful here and there that its all slowing down.

Layoffs will continue for the rest of this entire year.

#60DayNotice #EmployeeRelations #Layoffs #NoticePeriod #WorkforceReduction

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@hg

Yes. Dimin and JPMC have 310,000 employees and are successful.

Sh!ttybank is struggling financially, operationslly and technologically with only 220,000 employees.

Sh!ttybank can reduce headcount to 100k it will Still be FUBAR.

@gz though if you listen to Dimon se says JPM will do no such thing and has actually increased headcount over the last five years.

Of course they are best in breed.

Citi will be <100k people within 5 years. Mark my words. Market will simply dictate banks cant be this bloated. You only have to listen to Jamie Dimon talking about society easing the burden of these lost financial services jobs to know hes aiming squarely at his own bank.

The beatings will continue until morale and Jane's bank account improves.

Glad to hear it, some (maybe MANY) of us that have been here for years want to get that notification!

It will happen
Forever …

layoffs will continue in 2027, too...fact

Thread regarding Citigroup Inc. / Citibank / Citi layoffs

The rhetoric of “I think we are done” are just words manifesting from hope.

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