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Any word on layoffs at JPM?
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No, Donald, you’re the issue here
Not sure what you mean by “the layoffs”. Firm related or generally? Everyone knows that there is currently a high risk for an economic downturn. Lay-offs are possibly a proactive measure in case it happens, but more important an indication that business development was not in line with expectations/targets.
Can be applied to broader economy or your firm specifically, I suppose.
No service firm lays off people simply as a preventive measure. It rather indicates poor performance or a necessary transformation (new profiles or redundancy due to automation/efficiency gains)