Many companies are pushing back.. clearly we are just a number to this bank. They don't care about us.
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They're willing to sl------r the sheep rather than go back on their words.
It is another round like when they canceled mywork for thousands. Reduced headcount with no severance required, aka "responsible growth." They offer a discount on an electric car then put thousands people back on the roads in gasoline cars who could otherwise wfh, and call it "management of environmental risk."
It's reprehensible, but it's the M.O. 100%
They don't want to show weakness by wavering from the plan. There likely was something already signed to go all in. They expect some resignations as part of their projections. This will help in the staff reduction they want.