Thread regarding BB&T Corp. layoffs

Cost cuts don’t produce growth, but hard-working employees do

I know that layoffs are the easiest way to cut costs an artificially produce better numbers without any organic growth. But if you look at the larger picture this is the ultimate way to bring the company down. They will be left with an understaffed company that consists of new cheaply paid workers without any real experience and that can't feel the puls of the customers.

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