Or can we expect more TCF departments to be hit today or sometime next week?
I've been worried about more layoffs for a while now. Considering the situation, it was only a matter of time before the higher ups decided to cut more people. Which is why now I'm worried that yesterday was just the beginning of something much bigger.
Layoffs are never done. It is a tool used by leaders without vision and intended to keep employees off balance. Until TCF starts trimming management there is no end in sight. The ramp up to the formal merger will have a substantial impact on employees. On the positive side, almost everybody that has involuntarily left TCF over the last three years is better off.