Pros

Decent benefits and the retail bank division is solid and something to build on

Cons

No senior management that made the strategy decisions that cause the enormous losses has taken responsibility nor lost their job but the employees on the low end that had no input and worked diligently are being layed off. This has caused morale problems. Also outsourcing of just about anything that can be is upsetting the work force.

Advice to Senior Management

Take responsibility for decisions that cause the stock price to drop, during layoffs show that you are being affected as well as the folks on the ground doing the work.