Thread regarding Regions Bank layoffs

id--ts are Taking Over

So Regions has run off their knowledgeable, experienced employees, and they have brought in so called leaders that have never managed more than a Walmart linens department. Some of these branches have become a joke. Does Regions not know that these newly hired "leaders" are ruining the bank's reputation, and that the people they ran off are also community leaders that are freely telling their towns how incompetent the new Regions employees are? Mark my words, Regions Bank will be a disaster zone in the next 24 months.

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Post ID: @OP+XMSExLj

9 replies (most recent on top)

Regions taking a pledge for inclusion or truly aligning themselves with their core values is a total joke. Not all but most of the executives are old school bankers from the 80s that are threatened by innovation, talented employees, diversity and any smart hard working employee. The forcefully bullying tactics from leadership and looking the other way tactics from Human Resources has finally caught up to them. They want to play with the big boys in big city’s and attract top talent comes with a price that employees will hold regions and their leadership accountable for their poor behavior.

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Post ID: @3Pvbq+XMSExLj

Regions, at the branch level, has introduced a slew of "activities" that are necessary to complete on a daily basis so upper management can be assured that the money they spent on Simplify and Grow has value. In addition to helping every customer who comes into the bank and sits uninvited at the banker's desk, FRCs and FRSs must make at the very least, ten phone calls a day. They are also expected to complete a minimum of 2-3 Guided Discoveries, register every customer for Refer a Friend, make two "Next Steps" presentations (either presenting the idea to a company, or completing a class for said company), send referrals to Line of Business partners (mortgage, Treasury Management, Financial Advisors, Commercial Bankers), call customers regarding escheatment, Extended Due Diligence, and read EVERY TRIVIAL EMAIL upper management is enlightened to send. Oh yeah, don't forget coaching every employee on all of the above, with documentation. While FRCs and FRSs are completing all these tasks, reports must be printed and filed, audit activities have to be completed, cash counts, dual control, MACs, Oh My! It's a bad movie, and all the actors are underpaid. The benefits are no longer worth the humiliating paycheck. "Do What is Right?" scoffing The tagline is code for "Abandon all hope, ye who enter here."

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Post ID: @1Hayo+XMSExLj

Regions bank does not practice it's Core values of doing what is right, and putting people first. Maybe those values exclude your own associates.

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Post ID: @1aqyq+XMSExLj

Regions bank does not practice it's on Cora values of doing what is right, and putting people first. Maybe those values exclude your own associates.

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Post ID: @1azre+XMSExLj

The comment about good versus bad employees is just simply wrong. There is definitely biased layoff decisions being made at regions Bank.

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: @1aglk+XMSExLj

Truth: the weakest people got laid off and the best people were invented to stay. Negative comments here are made by people that just aren't that good. There are always jobs for good people, and getting laid off in one of the strongest job markets in US history says alot about you!

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Post ID: @16xrt+XMSExLj

Hr has become truly terrible. “Anonymous” associate engagement survey being used to identify “disengaged” associates/teams and then cut those jobs. This is how one can win Gallup Great Workplace award.

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Post ID: @Kwzu+XMSExLj

24 months is much too generous. Regions will be in the ground before end of this year.

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Post ID: @1kpb+XMSExLj

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