China's Bitch
Finance Layoff Announcements in 2023:
- Citigroup 7,000 employees
- Goldman Sachs +4,000
- Farmers Insurance 11% of workforce
- Robinhood up to 7%
- Charles Schwab up to 6%
- Wells Fargo 5%
- Ally Financial up to 5%
- Morgan Stanley up to 4%
- Bank of Nova Scotia 3%
- RBC 1-2%
Big banks have laid off +20,000 employees YTD according to Forbes. #Bidenomics
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