Processing layoffs have been happening the 1st week of the end of the quarter. Happened in 2022 and looks like the trend will continue in 2023. In June 2022 (end of Q2) layoffs in processing, underwriting, closing happened the 1st week of the end of the quarter. Then we saw it again in the 1st week of September 2022 (end of Q3).. Then again Dec 1st (end of Q4). Now March 7, 2023 1st week (end of Q1). Next round of layoffs 1st week in June (end of Q2). Look at facts and don’t believe the lies about 3/21!
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You are delusional. All bets are off when the company announces they are significantly reducing the size of their portfolio. This means cuts will not follow previous years' trends. Stop living in the past. 3/21 has been mentioned on this board countless times by what appear to be valid sources. It's time to follow the more recent trends.
Tuesday 2/21
Tuesday 3/7
Tuesday 3/21
You trust Wells Fargo? Get a clue stupid. My team is getting no new loans. They will not keep people with no work. Layoffs are no longer following a calendar. They laid off all the big producers. All ops jobs are being eliminated and outsourcing overseas. Your calendar prediction was from when we were not in a recession
Get back to us on 3/22
So interesting! This is right! June 2023 ……