Thread regarding Regions Bank layoffs

Layoffs have started at Regions Financial

Layoffs are happening now. No generous separation packages offered. Just let go.

Do you mind sharing what the package was? It had to be something, right?

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Post ID: @OP+117PS2k0

9 replies (most recent on top)

Whoever made this post is correct. I received my notice also. This year they're taking the cheap route. Offering the minimum as severance package. I guess they no longer care about their reputation. But they don't care. Their plan is to outsource Asians and Indians. I wonder who's getting a kickback on that!

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Post ID: @mwxy+117PS2k0

Too many employees for me to know who you are. I just want enough details to believe you aren’t getting folks upset over nothing.

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Post ID: @6aem+117PS2k0

I will not supply more detail because you are probably from HR trying to spring a trap via process of elimination.

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Post ID: @5ikn+117PS2k0

If it’s “quietly being done throughout the bank”, how do you know? Are you in HR? Or are you churning rumors? Details please.....

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Post ID: @4ryh+117PS2k0

How is the bank getting around the minimum 2 weeks pay per year of service?

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Post ID: @4xoo+117PS2k0

For some HR is offering the minimum as outlined in the handbook. Only 2 weeks for each full year of service. Others get nothing. Nothing like the more generous packages offered last year during simplify and grow. Quietly being done throughout the bank.

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Post ID: @1kby+117PS2k0

Now I'm even more nervous than before.

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Post ID: @zav+117PS2k0

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