Thread regarding Manulife Financial Corp. layoffs

Low rates. Decreasing returns on wealth business. Unhealthy insurance business. All of this requires more creative leadership than the formulaic response of cut staff and use offshore to decrease expenses. All that does is kill staff morale and stifle creativity - the things that a company in a death hold like Manulife desperately needs at this time. Where are the innovative products that will drive sales and increase margins. Time for something better than effectiveness and efficiency brought to you by Boston Consulting Group. Seems like Boston Group is like some lazy teachers in all that they do is take the same playbook and change and replace Company X to Manulife - with MS Word that took them about 5 seconds to do. We have today the Manulife "5 Second Solution" brought to you by the Boston Consulting Group.