Hearing too many flash calls buzzing since this morning across multiple wealth, PI and brokerage teams.
One team confirmed next round of cuts to apply immediately starting next quarter.
Can anyone else confirm?
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Idk CAN anyone confirm?
PI hasn't existed in over 2 years so stop
I'm in brokerage and nothing as of yet.
Rumors totally false
Wealth and Brokerage are PI . There is no BU called PI
affected PI , WI, FFIO and Brokerage. Godspeed
@a1 That sounds more like laying off a division rather than moving one.
False . I am in wealth calls were only for reorg updates . No cuts were mentioned
What division? Does this affect Brokerage client facing phone reps?
Had one at 11:15 AM,
Lasted 20 mins, HR script was read. Entire division moved under another team working in PI
Folks have until June end to find a new role or accept severance