• 10 May 2011 at 2:36 PM

Bonus/Layoffs Watch ’11: RBS

Looking ahead to next year’s bonus already? No? Well management at the Royalest bank at Scotland is and they’d like everyone to start managing their expectations now- count yourself lucky if they continue letting you into the building.

“FYI- RBS has already been telling employees that 2011 bonuses will be less than 2010. They’ve also said that if business is not better by summer, there will be another round of layoffs because we are “overstaffed for the current level of business.”

38 comments (hidden to protect delicate sensibilities)
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Comments (38)

  1. Posted by Umidupre | May 10, 2011 at 6:53 PM

    I’m still waiting for the monster breaking-news post that caused my extreme restlessness and sometimes irrational anger for the better portion of the day. Well???!? Where is it??!

  2. Posted by Hulka | May 10, 2011 at 7:07 PM

    take it easy, Francis

  3. Posted by Horatio | May 10, 2011 at 7:21 PM

    My name is Mika.

  4. Posted by Guest | May 10, 2011 at 7:31 PM

    [Insert letter here]BS sucks!

  5. Posted by Genie In A Bottle | May 10, 2011 at 7:33 PM

    Bessar, what are you wearing today, love?

  6. Posted by UBS | May 10, 2011 at 7:38 PM

    Geez, we suck, but at least we’re hiring.

  7. Posted by Guest | May 10, 2011 at 7:47 PM

    So is Citi, but does that make them to bastion of IB?

  8. Posted by trojan | May 10, 2011 at 7:48 PM

    the bonus is that you get laid off

  9. Posted by Anonymous | May 10, 2011 at 7:58 PM



  10. Posted by Guest | May 10, 2011 at 8:01 PM

    Could be worse… could have been working for a carpenter or a housing contractor…

    -Glass half full guy

  11. Posted by Guest | May 10, 2011 at 8:12 PM

    -people that know how to drive

  12. Posted by Peacock | May 10, 2011 at 8:15 PM


    -NBC executive

  13. Posted by Raj | May 10, 2011 at 8:37 PM


  14. Posted by Guest | May 10, 2011 at 8:49 PM


  15. Posted by Na | May 10, 2011 at 8:50 PM

    No, you’re not

  16. Posted by Six Fingers | May 10, 2011 at 9:37 PM

    Could have been working for a US nuclear Power Development lobbyist.

  17. Posted by Guest | May 11, 2011 at 12:15 AM

    Isn’t this a repeat of last year? And the year before that? And the year before that…?

  18. Posted by Guest | May 11, 2011 at 12:21 PM

    Yea we just told you that, sorry.

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