THE NEW REALITY: FEARS OF LAYOFFS. A RETURN TO THE OFFICE AND WORRIES ABOUT BANKS AND...

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Published on March 28, 2023 3:05:34 PM ● Video Link: https://www.youtube.com/watch?v=t35vr1Ncp0c

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The new reality: fears of layoffs. a return to the office and worries about banks and commercial real estate

The sudden closures of Silicon Valley Bank. Signature Bank. and Silvergate Bank sent shockwaves throughout the banking system. There are still concerns about the health of small and regional banks in the United States. Workers are out. investors are in. The Investors hailed the layoffs. claiming the need to wring out the excesses accumulated over the past decade. which has led to excessive hiring and corporate bloating.The leadership adopted a new mantra of cost cutting. job cuts and downsizing lavish perks like free food and laundry services.

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