Thread regarding BB&T Corp. layoffs

Why the secrecy?

The little media coverage I find of the layoffs at BB&T have no details because the company is declining to say how many people were laid off. Why? What is the point of secrecy?

Here's the latest example:

https://www.bizjournals.com/triad/news/2019/01/27/report-bb-t-confirms-layoffs-in-wilson-declines-to.html

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Post ID: @XlkHWb7

3 replies (most recent on top)

It's 25% for BB&T, I don't know the percentage for Suntrust.

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Post ID: @XlkHWb7-iaoc

I guess we all know now, the secrecy was due to the merger announced on yesterday

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Post ID: @XlkHWb7-bqqn

The secrecy is because they don't want to spook investors or entice non-laid-off workers from leaving on their own.

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Post ID: @XlkHWb7-1tjo

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