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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Low efficiency ratio means big bonus for the crooks at the top.
Bye bye pension. It’s all in Kelly’s golden parachute.
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.
Fresh meat, specific skill set, cheaper, younger, lower benefits, younger...etc
If the goal is to cut costs, how is this helping?