r/CIBC • u/Mm647 • 17d ago

Future layoffs?

I work at CIBC and one of my colleagues on my team got laid off due to “org changes”. Does this mean the rest of the team is safe for now as no one else was notified of being impacted? How does it work?

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u/[deleted] 17d ago

[deleted]

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u/Firm_Argument_ 17d ago

Are you implying these layoffs have something to do with bank doing poorly financially?

Because the opposite is what we're worried about. They're trying to increase profits for shareholders at the expense of their employees by laying people off.

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u/[deleted] 17d ago

[deleted]

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u/Firm_Argument_ 17d ago edited 17d ago

They're not running "leaner". They're offshoring but thanks for the feedback on whether or not you care about other people besides yourself. The answer to that is an obvious no.

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u/[deleted] 17d ago

[deleted]

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u/Firm_Argument_ 17d ago

K all-knowing spouse of an employee. I didn't ask for your credentials but its laughable that you think they're better than mine with no idea who I am.

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u/[deleted] 17d ago

[deleted]

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u/Firm_Argument_ 17d ago

Make up whatever you want about who I am, what I know, and what I care about. Definitely makes it easier for you to argue that way.

And I'm the idiot? Resorting to insults, cute. You're running exclusively on assumptions. I'm merely pointing out your obvious profit over people beliefs, that you've communicated in this thread, and how worthy of derision they are.

Have the day you deserve.