Any updates on if any of these roles were given notice?
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What roles in risk or what specific groups. Not aware of anyone at any level in any risk and control group let go and our team has to work with all of them in every business including WIM (since someone specifically mentioned them). I don't believe anyone in those areas and roles could be outsourced given the knowledge needs and complexity of the businesses. Delighted us oh all knowing ones!
Do you mean Corporate Risk? If so, they are finishing their "centralization", "standardization", "spans and layers" and "location strategy". Anyone not in an approved Corp Risk hub location will ultimately be let go but the date is TBD. I'd imagine it will start in Q3 to wrap up before year-end. WFH will be very minimal, if at all. Rumor is the total reduction in the US will be 33% and they will ramp up in India & the Philippines to save costs. Those in operational type support roles for a Corp Risk team will have their role moved to one of the central Admin, Planning or COO teams under Mandy N and then let go no matter where they sit. I just keep recommending to people who are nowhere near a hub or have been WFH for a long time to get their resume updated and start applying externally. Isn't as if anyone will change senior leaderships mind. Is a matter of how proactive people want to be with their careers. And, this will vary by person. Me personally I'm not waiting. I apply to 2-3 externally each day.
@cbj+1bvSuxSs Grandmas, basement, juice box…..,
Yes, a few risk ppl got laid off today. Replaced with workers in the Philippines.
NONE!
All QA’s from HLT were let go this morning.
Some managers have been let go from various sites
@gvj+1bvSuxSs all of Risk & Control should be let go; no leadership in that area and the business lines don't/won't listen to the few brave souls who speak truth to power.
@gcn+1bvSuxSs - In Risk and Control or in the line of business?
So many open issues, risk and control should be last area to get cut.
Two teammates in our WIM team let go!