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Talk of Layoffs Results In Lower Staff Morale By EmploymentCrossing  |  Dated: 09-20-2011

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Morale quickly turns ugly after a company warns about layoff’s, even if a job cuts won’t happen for a while.It is because the intent to ” reduce head count”,as Banks of American corp have done recently .

Bank of American chief Executive Brian Moynihan told employees through email last week that overall “employment levels” at bank would come down to 30,000 over the next few years.


Read the original article here:Even Hints of Layoffs Decay Morale

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