I have heard that there is another action being taken on November 26. I don't know if this is another my work call in or if it's a round of severance ....does anybody have insight? Timing for severance would be in line with years past although I've seen other post on this board indicating that corporate wide waves maybe done for year.
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Cuts are probable. As a company, would you not want to cut positions before you award the $1K in bonuses in December 2018, stock options in Q1 2019 and even the annual bonus and raises in February 2019?
What the bank doesn't realize, nor seem to care, is when they WFR staff, they also lose customers and tarnish their brand.
Happy Associates equal happy customers. Happy customers equals happy shareholders. Such a simple equation yet no one at the bank seems to follow it.
There is an “action date” scheduled for every month as the preferred date if you are going to lay-off. Those dates are the dates for November and December.
Both dates? Which LOB?
I’ve heard 11/14 and 12/4