I happen to hear today that business support roles are possibly the next layer to go. A focus point under Tommy Jacobs. Overall it was stated, the company is making some substantial changes and done a lot of analysis for cross over functions. Once this is reviewed changes that are needed will be addressed. Any insight?
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This is really quite a shocker. Tommy’s staff are key clients of ours at Meetings and Events and certainly working their tails off traveling for all of us. If true, this is really not a well thought out decision.
Tommy runs one of the mist bloated areas of the bank. When my LOB moved complaints to the COE the amount we were charged for it more than tripled — more than a $90mm increase with worse performance. He needs to cut deep.
What about tellers? I'm sure our day is coming, too :S
Any idea what and when? I’m an hourly employee under Tommy’s umbrella.
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Tommy Jacobs?