LPL Announces Layoffs of Over 300 Employees Amid Increased Technology Investment
— Reddit r/layoffs
Key Takeaway
LPL has announced layoffs affecting over 300 employees, citing increased investment in technology as a reason for the job cuts. This decision has raised concerns among employees and clients alike.
Reading today's San Diego Union newspaper, caught me by surprise as I learned about the decision by LPL to layoff over 300 people (72 San Diego residents). Identified as an excuse was increased investment in technology, including a new center in India. As a retiree, the way I can (and will) respond with this news is by removing LPL as the company handling my retirement funds. submitted by /u/dshays1234 [link] [comments]
Original reporting — we curate and summarize for context
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