Thread regarding Truist Bank layoffs

Why are we hiring and laying off at the same time?

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| 17441 views | | 5 replies (last May 15, 2021) | Reply
Post ID: @OP+1aMUlRUb

5 replies (most recent on top)

I echo the was rinse repeat comment. Also younger newer people readily buy into the fluff that Truist is made of with no resistance.

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Post ID: @5mye+1aMUlRUb

Low efficiency ratio means big bonus for the crooks at the top.

Bye bye pension. It’s all in Kelly’s golden parachute.

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Post ID: @2xcn+1aMUlRUb

Simple Formula: Get rid of older employees with higher healthcare costs and higher salaries....hire in younger employees with minimal healthcare costs at a much lower salary, doing the same job.

Wash-Rinse-Repeat.

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Post ID: @1xqz+1aMUlRUb

Fresh meat, specific skill set, cheaper, younger, lower benefits, younger...etc

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Post ID: @moq+1aMUlRUb

If the goal is to cut costs, how is this helping?

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Post ID: @upq+1aMUlRUb

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