This will include staffing and locations.
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Customers were lied to last year. We were told they could not find workers because everyone was on covid unemployment. Fairhope, al branch greeno rd.Not so. I said. That ended. Here is what your bank is doing. Pulled out my phone. It was in black and white. I just said "stop with the lies, we all know Regions got rid of or fired older workers!" Banked with them for 50 years. NO MORE. Young people ate going to Chime or others. Transferring everything to the credit union. They respect everyone! ALL IN CREDIT UNION! LOOK AT REGIONS ANNUAL REPORT. WHERE DOES THE MAJORITY OF THEIR EARNINGS COME FROM? EXCESSIVE FEES!
any other lines of business? Commercial or Wealth?
Consumer will be hit the heaviest and Admin trimming as well. Many jobs have started going remote to clear square footage.
Do you know if this is bank wide or will it hit specific departments? I have thought that once government intervention measures for COVID expired, mass layoffs would start again.
Source? Just curious! Sad I've seen so many sticking around for a package since this first started.