Thread regarding USAA layoffs

Same treatment from Regions

Post from Regions Layoff channel >>> "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 Amala Duggirala and Manav Misra to terminate good Jobs formerly held by dedicated legacy associates."

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| 2222 views | | 4 replies (last July 24, 2023) | Reply
Post ID: @OP+1nK5QQxK

4 replies (most recent on top)

@1jzp+1nK5QQxK
How could you possibly know that based on the balance sheet published? Are you just talking out of your a-s again? From their last annual report:

"Liabilities grew by 4% to $177 billion, primarily due to higher borrowings
from an increase in Bank funding requirements and higher insurance
reserves due to reserve strengthening in P&C..."

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Post ID: @1wgf+1nK5QQxK

The bank was the only area to make a profit last year.

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Post ID: @1jzp+1nK5QQxK

The banking part of this insurance company will fail eventually its only a matter of time

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Post ID: @1peb+1nK5QQxK

We know what it means to sever.

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Post ID: @glr+1nK5QQxK

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