Banks are downsizing tens of thousands of employees per year. jew digital currency incoming.
(choiceclips.whatfinger.com)https://choiceclips.whatfinger.com/2023/10/24/banks-close-100s-of-branches-and-layoff-1000s-of-workers-as-they-brace-for-financial-meltdown/We can't let them go central bank digital currency. If this doesn't wake sheeple up, maybe the inevitable gunfire will, meh probably not.
Experts say these are the very early stages of another global financial crisis, and many fully expect conditions to get even worse from now on. In the first seven days of October, banks closed a whopping 54 branches... From 2021 to 2022, they closed a net 2,927 branches, which represented a 38% increase from the prior year.
The six largest U.S. banks have cut a combined 20,000 positions so far this year, according to company filings. “Banks are cutting costs where they can because things are really uncertain next year,” Chris Marinac
At Wells Fargo, job cuts started to rise after the bank announced a strategic shift away from the mortgage business. And although the bank cut 50,000 employees in the past three years as part of CEO Charlie Scharf’s cost-cutting plan, the firm isn’t done shrinking headcount, executives said Friday.
