Today we received a second confirmation of a post from yesterday. Specifically, I was not sure about “Another said: I heard 400 more offices by end of 2nd quarterfrom RGM and above level.” Today we were told this -
“I don’t know the source of this but I’ve heard something VERY similar from 2 Sr. level sources. End of 2009 there are to be something like 300 key large and mid market branches. They’ll be somewhat larger with 4-6 AEs. They’ll be mostly ‘front line’ fulfillment centers and less focused on marketing. That will be centrally driven from large centralized call centers already established. 1000s of layoffs in store.
Editor’s Note: I wrote the this link that monitors the banking sector in real time, if it helps in future decision making. The link will open in a new window, and uses Yahoo Finance. Just make sure that ’streaming quotes’ is set to “ON”, which it should be by default. When I say I wrote the link, I mean you can substitute stock symbols yourself if you want. You’ll see what I mean when the chart appears. Best Wishes.
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