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when Work >>> Life 😅

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Any banks still issuing phones / blackberries ?
Maybe I'll avoid bounce tonight, maybe not
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BofA are just going to let attrition take its course and not replace roles.
Haha that also will continue, but not at that level... I think out of 210,000 employees, management are happy to lose 3000.
I think IBK and back office will see the turnover the most.
GS will be second week of January
CS just did more firing tkday
BNY fired 10% of staff as annual culling in Nov.
All good here so far, but like anywhere it depends what role you’re in…
What’s your thought on overall CRE since it’s dependent on the lending business?
BofA has been firing people in FL.
https://www.google.com/amp/s/fortune.com/2022/12/07/bank-of-america-layoffs-brian-moynihan-natural-attrition/amp/
I've heard rumblings of layoffs at Citi, not sure if that will happen in the new year though
Not in audit. There is somewhat of a hiring freeze though.
CITI has been firing employees in the last couple of weeks and months. I think JPM too.
Heard they laid off a number of innovation folks in d10x
Depends on LOB. Lots of layoffs in mortgage dept earlier this year.
Barclays had a very small layoff in nyc, right before Christmas. I say 20 people
WF hasn’t hired non-customer facing staff in NYC for a few years without exceptions.
It must be very specific to your group.
Not sure with the actual firing. But I think all the other banks you've mentioned are already examining job cuts since November.
We had our (not huge) round at Barclays ~month ago, havent heard of anything since
Yes… they started firing people - especially those with improper grammar .