Thread regarding Capital One layoffs

Big banks are quietly cutting thousands of employees, and more layoffs are coming

https://www.cnbc.com/2023/10/19/big-banks-cut-thousands-of-jobs-more-layoffs-coming.html

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Post ID: @OP+1pmFGg65

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That article shows JPMorgan Chase seems to be continuing to hire, while Citi seems to be stable across the last few years.

I have a feeling JP will be the next to start ruthlessly cutting people once they become bloated.

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Post ID: @2xrf+1pmFGg65

I’d imagine Capital One is in an even more precarious position with credit card losses rising.

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Post ID: @1btz+1pmFGg65

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