More layoffs coming in March. Confirmed. Additional reductions from cost savings that were not fully realized in Q4
How reliable is this info?
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EPP Procurement had layoffs on 2/16.
Elavon has “layoffs” every October, and likely will be impacted by upcoming announcements from Elavon leadership. The renaming is just the start of the restructuring to align with the US Bank model of management.
What departments in wcib had layoff?
Multiple Re Orgs in WCIB under Gunjan.
She rolled in the new year with layoffs and re orgs that have not stopped.
Contractors were laid off in Elavon and their final day is Feb 23rd.
Layoffs in consumer direct
Elavon has never been exempt before so don't see this time being any different. Always layoffs happening under the radar whether people hear about them or not.
Does anyone know if the layoffs will be at the bank or if they will extend to Elavon?