The ECIO line of business plans to do a ~10% reduction in capital expenses, ~18% reduction in operational expenses. This WILL translate to a layoff of IT employees. Your projects will be cut to bare bones. P&C will also have to reduce expenses and headcount to make up for its massive losses.
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ECIO has announced to management that they are reducing across the board by 5%. Also, more layoffs are expected in the fall (October) timeframe. Cuts to onshore contractors is also part of this reduction.
Someone has it right! The agile and scrum teams are useless middlemen. Communication will be more streamlined without them.
I just interviewed for an agile deposits funds transfer on Friday. Should I expect to be hired? The director said there’s 4 and 2 contractors
I am nervous about all the mortgage layoffs and now IT layoffs
Fire all of the agile/scrum teams They are totally worthless!
I doubt if P&C will see too much impact. We are already short staffed. More likely that all the “modernization” that’s NEEDS to happen will be put on hold once again.
What roles would they reduce in P&C