Will layoffs still happen with all the people leaving? If so, when? Will they looks at length of service as a marker? Anyone know?
Topics regarding layoffs at Synovus Financial Corp.
What do you think?
So many people are leaving in IT and the PMO. Anybody know what's causing the mass exodus?
I've been hearing about layoffs again which at first I thought to be ridiculous since we just had one not even a couple weeks ago. Then I came on this board to see what is circulating and see another post stating the same thing about layoffs and... — read more
From a source intimately familiar with headcount and business stability, please note that their will be an extensive, and abysmal layoff and furlough execution pending. Anyone with less than 5 years of service will NOT receive any sort of severance... — read more
Please note: What you know of Synovus is going to change. BIG TIME. Don’t be fooled, cuts and outsourcing are rolling out. By 2nd-Q 2021, there will be no FTE working on vacancies within IT and Operations. You can thank your “progressive” CEO for... — read more
It’s here. Synovus’ executive leadership and board are in talks to sell the regional bank to a competitor. Strong, hands-on source says this will eliminate the need for a Columbus location, minus the theee top performing branches, and part of their... — read more
Synovus sighed away their dedicated HRIS, Benefits, and Ops side of HR. They will be using an outside 3rd Party, and eliminating a minimum of 42 FTE seats by Q3 to save money, and increase their bottom line.
Multiple roles being cut after being moved around multiple times. The only folks safe are the folks who play the game or are related to one of the powers that be. The departments are being lead by folks who have training or education in the field of... — read more
Fired 100+ people today. This company is complete garbage. Fired or laid off? Trying to figure out just how panicked I need to be.
With the Synovus and FCB project wrapped up, the leadership at Synovus is now looking at leaning out the Columbus HQ. All areas will be hit. The last report from the HR Leadership meeting shows how they are eliminating positions, and taking that... — read more
We have already laid off 1,200 employees since 2009 - things are worse every quarter - seriously, but our executives continue to pay fat bonuses
Synovus is having major issues but I am not sure if cuts will happen. I heard that at least a dozen people may be cut in early 2014, but at the same time I heard similar things before and things did not materialize.