No loyalty to colleagues - AR Follow Up Specialist Savista Employee Review

The company insists that their colleagues are their greatest asset but their first response when they loose business is to cut 300 positions and layoff employees with 7 plus years with the company. Then they keep people that have been with the company less then a year. Raises are not in their vocabulary. Nothing for 3 years then they give 1.5% and act like it’s a big deal. Apparently it’s easier to lay people off and buy new companies that have clients, then to get and keep their own clients.