Thread regarding Regions Bank layoffs

Regions Financial Layoffs 2019

If the economy turns around, do you anticipate any Regions Financial Layoffs in 2019?

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Post ID: @OP+VTIvGld

8 replies (most recent on top)

Layoff strategy and plans are solidified for end of year and early next year. Current and ongoing layoffs will continue well into mid next year. Who knows after 2nd Quarter. If Regions has not been acquired or merged by then I am sure there will be other drastic measures.

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Post ID: @62tux+VTIvGld

Playoff strategy and plans are solidified for end of year and early next year. Current and ongoing layoffs will continue well into mid next year. Who knows after 2nd Porter. If Regions has not been acquired or merged by then I am sure there will be other drastic measures.

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Post ID: @62xwn+VTIvGld

A new wave is happening now.

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Post ID: @5dhbq+VTIvGld

Mid 2018 during simplify and grow, Regions offered separation packages to some. In all about 2000 employees were let go. In 2019 they are using work overload, unwarranted negative management interactions and March review process in an attempt to cause associates to leave. Especially in technology. Sad commentary that John Owen has hired Amela Duggirala and Manav Misra to terminate good Jobs formerly held by dedicated legacy associates.

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Post ID: @33rvv+VTIvGld

Amela plans to off shore 200 technology jobs.

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Post ID: @9xdn+VTIvGld

The economy is great, Regions Bank is the one with issues.

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Post ID: @1szq+VTIvGld

What's amusing is upper management is using the phrase 'staff rearrangement'...smh

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Post ID: @1ytx+VTIvGld

Another wave will come in the next phase.

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Post ID: @uej+VTIvGld

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