Job cuts accelerating this week. In NAM all RMMs cut, extra business managers were culled, some bankers cut here and there, a lot of people in CIM and in investments, people cut in RRE, the hub lost its main talent but no one in senior leadership per the grapevine. No word on HR or DEI
Bonus pool was down double digits.
How is that possible that in the crossfire good people are out, the revenue generators got paid down and senior management who created this mess are still standing?
Oh and Jane got a raise.