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[quote=Anonymous]If you did not personally hear from a chief, AD, or other senior person in your division that your specific role or team were being eliminated, congrats: you get to keep your job.

Only those people who heard this past week that they were being eliminated will be eligible for VERA/VSIP. And, depending on your role, even a DRP application is likely to be rejected because they want to keep SMEs in critical areas of bank supervision, resolutions, legal, IT, etc.

As I see it, this is how the order of operations will go:

1st to go: people who select VERA/VSIP from roles that will be eliminated
2nd to go: people who select DRP from roles that will be eliminated

*during 1st and 2nd rounds: pluck high quality people out and place them in open positions on other teams*

3rd to go: folks from rest of FDIC who voluntarily select DRP AND management agrees it won’t be a critical loss to functioning of team/division

*stop to see if we hit 1250 reductions in FTEs*

If not:
4th to go: begin RIF procedure among those in roles to be eliminated until we hit 1250

[/quote]

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