I haven't heard there was a continuation of layoffs this week. Can we consider the latest round completed or not at this point?
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Layoffs are on-going, continuing, still happening. Dozens of people.
More notices will be given next month in technology. Smaller than last time but the layoffs continue.
Tech is always re-orging. It never stops. Maybe once everyone is off shore.
tech / marketing, who else?
I think this may be ongoing for a while. Tech is doing some re-orgs. That is a broad organization and the most recent one was announced this week. No particulars provided if folks were laid off.
Layoffs are no longer handled as distinct events which are soon "over"....it's more like an ongoing stream of layoffs that will not end any time in the foreseeable future. I don't think this is going to change for quite a while.
how is the Credit culture at US Bancorp?
For now.