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Comments (2)
Honestly, stop waiting for the other shoe to drop and just protect yourself. The culture there has been hollow for years, and leadership has shown repeatedly that they view Home Lending as a liability rather than an asset. If you are waiting for a clear signal or a confirmed number, you’re only delaying the inevitable. The internal silence is by design—they want people to attrition out quietly so they don't have to deal with severance or public optics. Update that resume and get out while the job market is still somewhat viable for your skill set.
It is brutal watching the slow-motion collapse from the inside. I’ve seen three rounds of cuts this year alone, and every time, management insists it’s just a realignment of volume metrics. At this point, the mortgage division feels like a graveyard shift operation where the only goal is to minimize overhead until there is nothing left to trim. Don't waste energy trying to read the tea leaves or guessing the 'magic number'—there isn't one. The strategy is clearly just attrition by anxiety, and it’s clearly working.