Pros
Hopefully no more mergers for a while?
Cons
Former CIT employee. When it was announced that CIT was being acquired by FCB, they put most of my team on notice that we were marked as "transitional", meaning they will let us go at an unannounced time. Needless to say, everyone left that received this news the first chance they got. It blows my mind they thought it was a good idea to trim entire departments and provide no incentive for "transitional" folks to stay on to assist with any transition. I can understand hearing that a role will be made redundant in X months, but replacing X with "whenever we feel like it" is unfair, to say the least. Ironically, they are hiring back many of the positions they marked as transitional, but at a higher salary.