There was talk about more cuts at the start of April a few weeks ago, what happened to that?
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The displacement people cant keep up with the numbers displaced. I just got my box for my laptop return 30 days after. If I want help it comes from India. Expect zero help if you get chopped
LOL. Cuts are ongoing and gradual to avoid having to give a WARN notice where required. It also allows them to work through the few mortgage originations that Wells does have without tanking the deal. The key is to look at the employee numbers at the end of each quarter. It's rending down for 5 quarters in a row now. LOL.
@ens+1lXpEzmu I'm wondering when/if middle mgmt is going to be reduced...feels very top heavy! unless my mgr is going to jump in and do some daily work....
@chq+1lXpEzmu: Nicely written.
AI planning for Charlie's announcement on 4/14:
Looks like the new ex-JPM management reports are all sorted out and ready to roll! It's time to shake things up a bit and wave goodbye to those "frugal" old ways of management, especially those who didn't quite give the new guys the warm welcome they deserved. Let's focus on getting everyone back into the office and connecting in our amazing Hubs. And hey, while we're at it, why not bring in some fresh talent from India with those new visas we've been working on? We're all about being cutting-edge with fintech and agile, so let's keep pushing ourselves in that direction. And don't forget to mark your calendars for the big 4/14 announcement – it's going to be epic!
There will be cuts every week, the only question is how many.
I heard the 2-downs and higher might be on the chopping block. Chainsaw kickback.