Unless you’re a math nerd or EVP unless you sit in Minnesota, Charlotte, Arizona or Ohio you’re not welcome in her organization if you sit in any other hub. Said it on her ask me anything call today. I’m guessing this affects hundreds if not thousands.
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@27a She is going to Amex.
But JR is leaving the bank what gives?
@ds If you're looking to sticking it to the managing committee, close your accounts as well. If you want to get dirty, support a shareholder fight against the board. That carries its own risks though.
Saw three layoffs yesterday within risk area, given till November 13 and then the typical severance package but they cut your access off right away so basically get two more weeks. And yes, you get severance and you get a prorated bonus.
JR told someone close to her that she wants to serve on the board of a Fortune 500 in retirement. She also married a direct report’s brother. You can’t make this up.
@a8 will you get severance?
Were there any layoffs in JR’s org this week?
Thank you for reminding me to sell my stock!
@cm It’s come down to it being more important where the chair sits than who is sitting it it. Like they’re just sabotaging the bank purposely at this point.
Start from top down where its needed and especially the useless lower level middle management in Risk and Compliance positions. They are of no use to any of us.
I can say I have heard the same thing, sadly. If you’re in RM&C and in the wrong location ( which I am, as well) your days at the bank are numbered. JR doesn’t want you. It doesn’t matter how how hard you’ve worked, your experience and dedication mean nothing. Being successful in your job means nothing. It’s all about what location your desk is in. Horrible and heartless and a dirty way to treat employees.
@as Doubtful, given her recent ultimatum and subsequent layoffs.
@OP you’re just making sh-t up
@a8 This MC committee is just flat out dishonest.
I’m CLT hub based and was informed last month my job is off to India. Was never given clarity as to how this came about (not that I was expecting it). Even better our team has remote employees and they were not affected. Complete rug pull as we’re constantly told on all-hands/town halls that being in a hub is more advantageous than not for a variety of reasons.
Seriously??