How soon before Bank of America follows?
7 replies (most recent on top)
If the mortgage industry is collapsing as a whole, it’s silly to think your company won’t be affected as well. Look around you at the massive layoffs taking place. This will be a repeat of 2007/2008.
https://www.cnn.com/2022/06/22/investing/jpmorgan-layoffs-mortgages/index.html
The Morgan bank isn't in the home loan business.
Yachts and golf courses maybe, if those are homes.
@acs+1hnS9oTa
You heard wrong.. very wrong. Zero correlation.
Maybe above my paygrade but why does bad survey results for management mean layoffs for workers? Like they will let go and pinpoint people from the survey to give them layoffs?
If so I should haved sign my name...am I missing something about survey correlation to layoffs?
Again, who the fuhk are they going to lay off from this shlithole. People here hope they get laid off and collect unemployment for 6 months to get a better job. This company is azz backwardz and the leadership is grossly incompetent .
I’m not 100% but I heard from a friend who works in HR after they receive back from all the employees survey. The upper managements will review the completed surveys by employees and make the decision. So my guess will happen within the next 30 days.