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Cracks here and there (lemmy.whynotdrs.org)

First logged in post here. For those who don't know, the fediverse apps are connected, so people can read from and reply to here from their Mastodon account.

In this past week, I noticed seemingly unrelated news stories here and there,.

Like how Schwab is doing major office consolidation and closing offices in, IIRC, 6 cities, incl. Atlanta. Just reported breezily like it reflected sage-like biz decisions and not unadulterated panic from a covertly busted financial firm.

And...

3 top officers of Sequoia Capital departed in the last month, 2 this week.

Just normal goings-on.

Neither mentioned over on the sinking sub.

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[-] SubDRSive@lemmy.whynotdrs.org 7 points 1 year ago

Schwab article... []https://www.sfgate.com/bayarea/article/charles-schwab-san-francisco-office-downsizing-18209224.php

The financial services company is hoping to reduce its real estate footprint by “closing floors or closing offices” at its downtown office space, spokesperson Pete Greenley told SFGATE. Similar downsizing efforts are planned for Charles Schwab offices in Boston; Chicago; Henderson, Nevada; and Jersey City, New Jersey, while offices in Atlanta, San Antonio, San Diego, St. Louis and Tampa, Florida, are slated to close completely.

this post was submitted on 22 Jul 2023
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