Even if you survive this round of layoffs, the wisest thing is to never stop looking for a new job. Because, for those who survive, I believe it will be harder than ever, and who knows what will happen at the end of the Q4.
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The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.
DEPRESSING
In the short-term just changing banking jobs doesn’t magically create more job security.
Good luck finding a job that pays what mortgage does with 50k mortgage people already displaced nationally saturating the playing field.