Thread regarding Ally Financial Inc. layoffs

Bank closure layoff?

Heard from my manager that I should be prepared for a closure tomorrow? Anyone else hearing this???

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| 1201 views | | 1 reply (March 14, 2023) | Reply
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Well, Ally is on a list of the top ten banks with largest exposure to derivatives….but I also think they still are forced to stress test, so should be ok unless the entire system starts to collapse like 2008.

So while I have heard nothing, it is possible. Nothing is impossible today, given the way things are nowadays. Always have a back up plan…

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