Assume with today’s announced restructuring of Risk that she is out or demoted.
12 replies (most recent on top)
I thought she lives in Asheville?
she moved to Charlotte from SF
I just did a search, and yes, Wells and other banks promised no reductions in 2020. They were in the press (Forbes, etc.) at the end of March.
That doesn't guarantee you a job, but take it for what it is.
After the 2017 tax cuts, all those 4k raises for working folks and massive hiring never happened, most companies did massive stock buybacks to make their execs richer while the national debt soared, and corporations are aware of the public's perception of them.
After the tax cuts, and during a pandemic, layoffs would probably have an impact on the next election.
Shocking, another JPM exec!
How do you know there are Oct 1 layoffs. Are you basing that on real information that you know or just stating that, because banks tend to lay-off in quarter 4?
Layoffs October 1.
is it only managers going?
Didn't WF pledge, along with other banks, not to lay off any team members in 2020?
When is it Moldolfky's turn?
Head of Operational Risk out too
Testing head is out!
Sorry. I read the release wrong. She will still be at the top spot. Apologies for my confusion.