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112
Banks Terminate 60,000 Workers In One Of The Bleakest Years For The Industry Since 2008 (www.zerohedge.com)
posted 1 year ago by sacip 1 year ago by sacip +112 / -0
Banks Terminate 60,000 Workers In One Of The Bleakest Years For The Industry Since 2008
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
7 comments share
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Comments (7)
sorted by:
▲ 6 ▼
– PostNBeam 6 points 1 year ago +6 / -0

Now they can teach Economics. They have experience.

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▲ 4 ▼
– ILoveIvermectin 4 points 1 year ago +4 / -0

But wait… there’s more!

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▲ 4 ▼
– BufordXL 4 points 1 year ago +4 / -0

So, what happened in 2008? Oh yes, obama happened.

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▲ 4 ▼
– Wtf_socialismreally 4 points 1 year ago +4 / -0

A lot of jobs being lost. In a way it's fun from a "haha" point of view for the leftists it affects, but it's a concerning trend with so few jobs of various skill levels in the U.S. now. It's becoming more and more difficult for people to earn a liveable wage, much less one that can support a family (especially single income).

When it comes to jobs, we really need to strike hard on bringing jobs back to the U.S., because this inflationary dance of "let's keep raising minimum wage" is not working in any normal person's favor.

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▲ 2 ▼
– Rardog900 2 points 1 year ago +2 / -0

The financial system crashed in 2008...was just papered over..here comes the big one

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▲ 3 ▼
– ILoveIvermectin 3 points 1 year ago +3 / -0

And again with Obama in control. 2008 was a warmup.

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▲ 1 ▼
– A_whole_nother_thing 1 point 1 year ago +1 / -0

WFC is a bloodbath. Mass layoffs began in 2019 and it’s never slowed down. Director level managers have stated openly that anyone is replaceable. People are forced to train their Indian replacements. And of course the always unreported number in the economy, the openings that are never filled and the position eliminated.

Sensitive positions with access to restricted data now reside outside of the U.S. If you ask me this is reckless and a national security risk.

Ostensibly, this is an old school west coast company headquarter in SF. The reality is the CEO fancies himself as the next Jamie Dimon, and has done his best to turn it into just another Wall Street megalobank.

These colorations do not give a shit about this country. Wouldn’t it be great if a corporation were forced to declare citizenship?

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