Workforce management

Banks added jobs in 2020. Are layoffs ahead?

03/29/21

The economy is poised to rebound, meaning loan demand and hiring will pick up, some observers say. Others argue that banks have plenty of reasons to cut jobs given industry consolidation, the growth of digital banking and expectations that low interest rates will persist.

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Citigroup CEO bans Friday Zoom calls, encourages vacations

03/23/21

Citigroup Chief Executive Jane Fraser has barred internal video calls on Fridays and encouraged vacations in an effort to combat workplace malaise brought on by the coronavirus pandemic.

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Goldman Sachs seeks volunteers for move to West Palm Beach digs

03/18/21

Goldman Sachs Group’s plan to move part of its asset management unit to Florida is gaining momentum, as the Wall Street bank discreetly seeks volunteers for the first wave and prepares office space.

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Credit unions expect hybrid work model after COVID ends

03/03/21

The industry quickly pivoted to remote work once the pandemic hit, but panelists who spoke during CUNA's online Governmental Affairs Conference predicted many institutions will utilize a mix of working from home and in the office once things return to normal.

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