Is this the week that the first round of announcements typically happen?
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February 3rd for US employees. Good luck to everyone impacted. Take pride in knowing your hard work made a difference for our clients and that you as an individual have far better morals than this terrible company.
@b2, getting let go for not performing is not the same as getting let go for cause.
5s are gone for the Platforms “sacrifice”
what is “pm” ie, 5s ??
Tomorrow is the first day for “low performers.” No sub. End of March for “pm” ie, 5s
In the past, typically today (Tuesday after MLK Day), there have been significant layoffs (at least as far as Pershing goes)
However, not sure if that is the case this year.
P-M reductions in Feb.
I was told that unless you’re being let go for cause, the layoffs are in February. Please understand that this is likely non performers (or what the bank says are non performers) and closing sites.