Nothing across the board, anyone knows any news ?
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Layoffs are happening at all locations every week in small numbers so as to not attract media attention, unlike the first round.
Layoffs are happening in smaller batches, across the bank in all regions, to avoid the negative publicity. At the same time, firings are taking place discretely based on individual employee expectations and/or violations such as RTO days.
They are trying to drive people out with massive amounts of work and stress. Its working. Layoffs cost too much.
They are currently happening.
I doubt we see another big one. What i expect is more divisions sold and Citi to eventually really follow the lead of other companies and push RTO hard. You don't have to pay severance if people quit/ get fired for not showing up.
No real information, just people pretending.
OP, how about "ARE" layoffs going to happen?
I know everything about everything
I heard more consultants are to be thrown out and find alternative solutions in offshore.
Measure’s will be taken to aggressively run people off, rather than lay them off to avoid the severance payout.
no updates yet, I feel like it is going to be like a floodgate failing. One day we will wake up with everything collapsing. Until now, those gates are doing their best to hold everything from flowing .