Thread regarding Regions Bank layoffs

Plenty more layoffs to come

Rumors are circulating that end of year 2019, first and second quarter 2020 next phase plans for layoffs are finalized and underway.

In case somebody was (mistakenly) thinking this was over, here's a reminder that there's plenty more to come - and soon. Sadly, @11H2PRs5-doqe is right.

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Next round of cuts have begun. Thus far, bankers who worked 30+ years... GONE... others 13 years GONE.. 45 years - Gone... Ages over 55+ are being let go faster and faster, people with over 10+ years are being given severance packages or are being bullied out. This is getting ridiculous. Bankers over 50 are 'scared' (as it's hard to find jobs, even IF other companies say they don't discriminate).. some don't have another income within the household, some are wonderful customer service oriented individuals, being let go without hessitation. Some are the most brilliant at banking knowledge - logical, valuable employees - Being let go or forced out. Most branches are now running on minimal staff, and the older bankers have been let go - the ones with all the banking knowledge to keep Regions out of trouble with the Fed Reserve. Better be careful.. The Fed reserve may shut it down!

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Post ID: @3sow+11VEtQ7v

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