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Jesse Powell

@jespow

Replying to

@BCFocusNews

and

@krakenfx

@jessica_kuruthu

Company laid off about 10% of Client Services team in cost-saving measure. Others offered optional & voluntary resignation packages. No security breach, not "hundreds of people". No other teams affected, still aggressively hiring globally for all functions.

4:40 PM · Sep 6, 2018Twitter Web Client

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Monster of Highfield Park

@UnleashMeKraken

Sep 6, 2018

Replying to

@jespow

@BCFocusNews

and 2 others

Optional and voluntary meaning that if they don't take it, they get a boot in the ass and nothing to show for it. Right.

Jesse Powell

@jespow

Sep 6, 2018

If you got the boot, you would be offered whatever is statutorily mandated, depending on the reason for the boot. If we do another round of layoffs the deal might be different. If you're terminated for performance reasons, you might be offered nothing.

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But there was a security breech, I find it hilarious you're not admitting to that.

Jesse Powell

@jespow

Sep 6, 2018

You mean breach? Please enlighten me.

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Was these staff processing payments and now you’re adopting xrapid for payments you can be more efficient due to not having to process payments the old swift way which meant you needed those staff to handle the withdrawal / deposit process ?

Jesse Powell

@jespow

Sep 6, 2018

No.

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