Do tell.
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@2y6 - the next blood bath coming will significantly reduce risk and compliance staff, especially in the HQ. Most of the support staff will be in Lake Mary and India.
There is something obscene like half our workforce is risk, compliance or audit. It’s no wonder we move so slowly since actual workers were replaced with these folks. They need to focus a year of layoffs on just those roles. The manager of compliance in GP&T literally said she and her team never have to worry about layoffs.
@2pb yes there is hugh risk if risk is done by humans
A lot of people in risk will be shown the door. RV asking why we’re doing risk mgt by hand. AI supposedly should be used everywhere .
@sf what about wfh oriskany
?
End of August - definitely the WFH Syracuse. Not sure of other locations
@ca August 24th for based at home for Syracuse, Dallas, and Chicago employees. Not sure if other locations are on the chopping block or not.
Also heard the week of 8/24.
I heard August 24th. Not sure of the scope.
The only certainties in life - death, taxes and BNY layoffs.
Slash costs and dress it up as growth.
They are always coming. The latest P-M wave went into effect and some teams are being consolidated which will 100% lead to cuts
They are coming.
Have to reduce staff for everyone to fit in the Client Service Center in Pittsburgh.
If you are on a PIP, consider this your notice to start looking for another job.