Thread regarding Regions Bank layoffs

Simplify and Grow Initiative

Regions executives are trying to push what they call the "Simplify and Grow" initiative, which does involve layoffs. The push does not discriminate on position - everyone from new tellers to area managers with over 20 years at the bank has the possibility to be on the chopping block. Where I am we essentially moved some management around and our structure was flattened by a level. They are refocusing to be more tech driven with their solution and products, this is a general trend in banking right now and will continue for the foreseeable future.

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