Company making big changes, don't value knowledgeable, hard working long time staff. Seems like they want to hire new so they don't have to pay higher salaries or retirement benefits for large group that was getting close to retirement. Layoffs left many new staff with no one senior to learn from. Layoff day was not handled well.
Staff on leaves were let go upon their return. Leaves other staff afraid to take a leave if they ever need to.
Stressful environment, always want more and no reward for efforts.
They have lost sight of what once made them great in their effort to be like the big banks. Very unfortunate.