Thread regarding SunTrust Banks Inc. layoffs

BB&T Merger is the Kiss of Death to SunTrust Bank Employees

I have been through three mergers with BB however, Kelly King and other executive management are reaping record breaking salaries and payouts. SunTrust Bank has Full Time Employees: 22,899 and BB&T has Full Time Employees: 35,852 for a Full Time Employees Combination: 58,751. The combined bank is expected to save $1.6 billion in operating costs annually by 2022. The savings is going to come from a reduction in Reduction of over 10,000 Full Time Employees.

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