Major US financial institutions made aggressive staffing cuts last year, marking the steepest workforce reduction in nearly a decade. As cost pressures mount, bank leaders are tightening operational expenses—with personnel costs remaining their single largest budget item. The scale of layoffs signals how seriously traditional finance institutions are tackling profitability amid economic uncertainty. This trend reflects broader shifts in how legacy financial systems are adapting to maintain margins.

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SerumDegenvip
· 46m ago
ngl the liquidation cascade is real... traditional finance finally feeling the squeeze. they're cutting heads instead of cutting leverage lmao
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SerumSqueezervip
· 2h ago
Another round of layoffs, traditional finance is still relying on cutting jobs to survive.
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StrawberryIcevip
· 2h ago
Here we go, another wave of layoffs. Traditional finance is completely panicking. Banks are cutting costs, so people have to get laid off. I'm tired of hearing this routine. Big institutions are shrinking, and small coins are probably about to take off. These days, who still believes traditional finance can be stable... Did the money from layoffs go into stock trading and options again? I just want to know.
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MemeKingNFTvip
· 2h ago
The wave of layoffs in traditional finance... Isn't this just a sign of the rise and fall of the mainland? I already said that on-chain data will speak for itself.
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GateUser-a606bf0cvip
· 3h ago
This round of layoffs is really brutal. Traditional finance just can't hold on anymore. Personnel costs are the highest, so they can only cut employees. Banks are all squeezing toothpaste, it seems the days are really tough. But if this continues, people's morale will disperse, which is not worth the loss. Layoffs are getting more severe year by year, this trend is a bit frightening.
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