I've been hearing indirectly that the firm's looking to cut headcount. Has anyone heard about concrete plans for the SF office?#severance #layoff
TS and GCB
Sorry what’s TS and GCB?
Treasury Services and Global Corporate Banking
Treasury is always cutting down and relocating SF is an expensive place and i heard that other locations are taking off for TS.
I heard that they don’t want to lay-off during covid19 (reputations risk), but will after the immediacy of Covid19 is over.
There are multiple “exercises” through the year. I think most of them have been postponed due to covid, but will resume soon , I am sure
Many people are being put on PIPs in a way to get them out
Sad to hear this. Luckily Trump’s H1B visa ban might ease the layoffs since Indian contractors will go back and forced to retain American employees. The nut did something good.
Indian contractors also hold H1B.
Exactly
I’m going to be at the SF office on mission st. Is there underground parking for employees?
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Which group?