Thread regarding MasterCard Inc. layoffs

Yes. The commercial card side has 3 waves of layoffs as they're moving teams to cheaper destinations. The new EVPs over product and the new one over engineering were hired to do the cut. They're restructuring everything for seemingly the worse. Everyone is on edge as they gave several great long time employees the boot. A lot of talk is going on about leaving commercial side as lack of confidence in executive vp's. Also our great culture has taken a hit for the worse. Don't come to commercial card team!