Whole teams in Risk and Compliance are gone.
14 replies (most recent on top)
Mortgage was impacted also. Don’t know numbers Some upper mtg mgmt
JFC, people gripe if someone doesn't post about layoffs and they gripe if someone does.
'Well I haven't seen anything!' Nobody gives a sh--e, Deborah. As has been stated, RMC is huge - nobody is ever going to be privy to all of the goings on.
'You must be trying to gain traction.' For WHAT? Letting people know about forthcoming or in-flight layoffs on LAYOFF DOT COM? Yeah probably. What else would they be trying to gain traction for? This is an anonymous site, they're not gaining anything from posting on it.
I am also in RMC and have not seen anything, only within compliance and the Org announcement that was posted online for them. Can you give us an idea of which groups or are you just trying to get some traction on here?
I see the org announcement for LG‘s area, but can’t decipher who within that announcement is no longer going to be here except the one person that resigned as chief compliance officer.
I am in RMC and I haven’t heard or seen anyone getting laid off.
Thinning the herd. . . More to come.
Second line corporate compliance ....why are they here if they dump all their responsibilities to the Business Lines? Are they governing issues? NOPE Governing PRISM projects and CAT reviews? NOPE. Are they governing risk assessments? NOPE Are they governing Third Party Risk? NOPE AI intiatives? NOPE Can they provide credible risk mitigation? NOPE Are they supporting the banks initiatives or are they challenging them without cause because they feel they have the authority to do so.
RMC is huge. Which teams were affected? Chatter travels quickly so naming the teams does not identify anyone commenting here.
Good luck to all. Ba----ds for dumping good employees into this brutal job market while keeping complete wa-kers. Remember all this when you head to the voting polls. 🙏
Any of these big enough to hit WARN act? Or is it more the company committing small scale acts of aggression?
ICG payments team changes as well.
Which groups in RMC? I haven't heard of anything happening in EFCC.
I know if someone who was notified today. And yes they are in RMC. That's all I want to say though to keep things anonymous.
any more info on this?