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By
The Associated Press
.
Published: Tue, March 25, 2008 - 2:48 pm
Last Updated: Tuesday, March 25, 2008 - 2:50 pm
Last Updated: Tuesday, March 25, 2008 - 2:50 pm
by four percent. Regions officials said the decision to make "work
force adjustments" has been going on since the organization merged
with AmSouth in 2006. Bank officials declined to say what specific
parts of the company the cuts would come from - but they said it
will affect employees across the company. It will also mean a
hiring freeze.
Regions currently employs over 33,000 employees in 16 states.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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I have been a client of regions since the late 70’s when it was Merchants. Today they need everyone they have because the branch I go to is always extermly busy. I believe they are trying to become like another bank here that mistreats their clients and soon Regions will decline likewise.