Thread regarding SVB Financial Group layoffs

Layoffs!

https://sfstandard.com/business/first-citizens-bank-lays-off-500-svb-employees/

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| 1171 views | | 7 replies (last August 26, 2023) | Reply
Post ID: @OP+1mNyxp96

7 replies (most recent on top)

So not layoffs, but offering lower paid FC positions.....

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Post ID: @1vplw+1mNyxp96

How many more rounds does anyone know ?

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Post ID: @8rju+1mNyxp96

Most of the layoffs were banking and wealth. What's CCO?

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Post ID: @2wfp+1mNyxp96

CCO lost senior management. That 10 year employee was also senior management

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Post ID: @2ygk+1mNyxp96

Jay is a POS. He's not SVB. Another sh!tty Wells Fargo manager.

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Post ID: @2zjk+1mNyxp96

Empathy. Jay C in CCO fired a 10 year, well liked, performing Director when the Managing Directors and above were let go. This is SVB.

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Post ID: @2mla+1mNyxp96

First round of many!

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Post ID: @djj+1mNyxp96

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