Thread regarding First Republic Bank layoffs

Are layoffs happening at FRB?

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Post ID: @OP+1mBTLoUN

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1000 jobs lost

https://www.bbc.com/news/business-65717724

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Post ID: @ddcp+1mBTLoUN

Yes happening soon. JPMorgan plans to notify First Republic employees within 30 days whether they will be offered a job at the bank, according to an internal email to staff sent May 11. Not everyone will be asked to join JPMorgan, the email said, and those who do will be offered either permanent roles or limited-term employment of between three months and 12 months.
https://sfstandard.com/business/first-republic-employees-to-be-notified-of-layoffs-within-weeks/

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Post ID: @3rxa+1mBTLoUN

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