It's fuzzy... It looks like this is a bigger layoff hit that's being coordinated across multiple locations and groups.... NYC, Tampa & Florence, KY... tech, COO- teams, fixed-income/trading... no clear headcount... unsure on other groups too. it's fuzzy and awkward but it seems to be fairly big?
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More layoffs are coming in October.
@f1 yes our whole team was let go. All on the same call at once.
@b8 was this Sun., 20,2026?
And what did these people do?
Curious
Any more upcoming that you know of?
@a2 haven’t heard about that?
@av at what time? And was it from your manager?
@cx who notified you? Your manager?
Any in Tampa?
Yes, so many people in many locations. They are letting go entire teams.
@a1 100 in Gray TN at least
@ah they axed us individually today and our team watched in horror as everyone was logging off for the last time and saying goodbye. Spouses and parent/ child on my team alone was horrible and unnecessary. Spouses working side by side having to hear the other one get the axe 🎸 ffs
It seemed very random. They axed us individually and we all said a tearful goodbye in our team chat and mgr watched in disbelief
C13 manager
I got notified by my director today. ICRM Cards in Schaumburg, IL. I know of at least 2 more from my team. I still haven't heard from HR tho
@a8 Irving office was hit today. 1LOD Mortgage Servicing. At least 7 that ai know of myself included.
@ae I work in CTS and have not heard anything going on in Irving
All of CBDU was let go today. 44 employees total combined agents and managers.
KY payments investigation was let go immediately today. No one has been trained on their work for coverage. This wasn’t thought out well.
NYC Client/Mktg Ops I got the call
Where are you located?
STL lost some AML/KYC folks today!
Abq agents got layed off today as well. Waiting to hear about the rest of us. Im sure it's coming soon. Just wish they wouldn't drag us along and just tell us already.
I’m so sorry to hear this. Which area did the important folks come from?
I know quite a few departments that got their entire team laid off today.. mine is potentially one of them but haven’t heard yet. They cut really important jobs this morning where I’m not sure how they are going to come back from it. It’s a sh-t show to say the least.
@ad it’s been quiet in CTS
@a8 you aren't paying attention in Irving
No, I was notified today, but knew for a while and will be receiving the standard 2 weeks for each year
Heard something about a reduction of work sites to 6 or 9 in 2 years? Any more information about that?
@a8 yes there was.
Look at your organization. Start clicking around. I’m seeing the solid white circles on a lot of people- assuming they just got laid off today and that’s why not removed from the directory
No activity in Irving..... so far
I just got the catch up email. It is for a 30 minutes this afternoon. Damn
AML Tampa?
TN is being hit today as well.
KYC Tech have impact?
@a2 NO
What’s the word on severance? Did they cut it in half (1 week/yr)?
ICRM NY - I know about 4 people (good people) who got axed today. Unsure about other things that you noted, it does not feel that big to me but I really do not know and it's all just guessing right now.