Any changes since April update? I know 500+ will be laid off but people were promised new jobs in different locations. How are things developing...
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That has been going on for 30 years.
Firing people in high cost of living states and then opening a new office in a low cost of living state is very common right now. We did this a couple of months ago at JPMORGAN. If you have a working class job in California or New York it’s probably time to head for the exits.