Have seen goofs post over and over how the word is out! Nobody wants to work at Truist! As if other bigger banks offer some sort of truly caring atmosphere. Anyway, I just saw on LI we poached a market president from B of A. The word on the street! — read more
Theranos No One Knows
Working here is like working at Theranos, under Elizabeth Holmes. Do your job without adequate rules, access, and tools. We are busy working, the goal posts change constantly and teammates are kept in the dark about rule changes. Feels liken a... — read more
Truist launches new ad campaign “Unstoppable Together”
A little humor to end your Friday. Truist unveiled a new campaign, “Unstoppable Together,” highlighting Truist’s unique ability to bring clients both deep financial knowledge coupled with unwavering care, a differentiator in the financial... — read more
Owned by private equity
What do you think it will be like for Insurance employees after the subsidiary is owned by these private equity groups? Better or worse?
Treasury / Payments
Is the treasury / payments platform getting any better? Why are people and clients leaving? Culture? Inability to meet client needs?
El is on panic mode
You can hear it, feel it, and see it. The entire leadership is panicking. No one has a clue what they are supposed to be doing. A complete lack of direction from the top down.
Worth a repost
Leadership at The Firm and Investment Bank Being here the past 5-10 years, before the merger and after, it's clear there is a lack of leadership across the board. Look at a place like Wells Fargo - they were a dismal failure rocked by scandal upon... — read more
Purpose Corner is Up!
When you start with care you get a different type of bank!
We are the best again
Just kidding, still worse in customer satisfaction: Truist was ranked last among the 14 national, superregional and regional banks cited in the Southeast part of the survey, while Wells Fargo was ranked 13th. Before BB&T’s $33.4 billion purchase of... — read more
Anyone else in insurance fearing more RIFs?
There have been several waves of layoffs in insurance, with another wave last week. We think it was a smaller group this time, but supposedly precipitated by the trio of PE firms who will own insurance in Q3. I’m sure packages won’t be as substantial... — read more
Any success with HR when filing a complaint ?
I have a manager that recently yelled at me and threatened me with more work than I can handle. I am thinking of complaining to HR. Anyone have experience with this sort of thing?
This is not where talent wants to come
We have so many jobs open because we can't fill them. The applicant pool is poor and can't get anyone with any solid audit background to apply let alone commit. It's a joke most of the interviews I have done. We have people leading groups with no... — read more
Performers Resigning?
Since we are past bonuses being paid, has there been an up tick performers resigning. Believe this will be an on-going issue impacting everyone left as well as ability to generate revenues. Thoughts?
Bully managers
Is it just me or does anyone else also think there are quite some bullies that masquerade as leaders? These leaders want to do a “performance assessment” of you but there is no oversight of their performance, that is until you go to HR. But HR would... — read more
Don’t look now
But the great leadership of Bill, Beau and your BOD is working. I forgot about Mike. Stock is 39$ plus. This is what happens when leadership decides to lead and not let you Teammates have your way. This isn’t Burger King you don’t get to have it your... — read more
Agile CoE laid off
Entire Agile CoE team was laid off yesterday. Thought Project STAR and layoffs were complete?
What's your preference?
Truist, Accenture or riffed?
March layoffs?
Heard about Agile tools/coe team today. Was there any other impact?
Wealth Brokerage riff'd more associates than leadership
Dept of 11 with one manager, two supervisors and 8 associates. They riffed 3 associates, sent 3 associates to Accenture and kept the manager and two supervisors to manage the remaining 2 associates kept with Truist. Why does one dept need a... — read more
Alabama Region
How is morale in the Alabama Region?
Non-Leadership Roles with corporate titles
This is the first company I have ever seen where non-Leadership roles are officers and assistant vice presidents. Are they just dishing these titles out to any body?
Sinking Ship
Truist is a sinking ship. The leadership have no idea what they’re doing. They layoff people to cover up their mistakes. I have zero faith in this company or leadership. They make everyone’s job way more difficult than it needs to be. It’s the worst... — read more
Why are they laying off the SMEs?
I cannot understand why the subject matter experts are being rif'd and the least experienced are being retained?
RTO 5 Days a Week
Now that project STAR is complete, announcement coming soon
Never have I…
Never have I worked at a company with more miserable employees, who hate their jobs, but are stuck because the job market is so tough. Morale is awful and watching all the leaders who game themselves big bonuses gloat about how great they are on... — read more
Never have I…
Worked at a company where so many employees are miserable, hate their jobs, but are not able to leave because the job market su-ks. Has anyone else? Is this what 2007 was like before the housing market crashed?
Truist CRE
Thoughts on the new and “improved” Truist CRE? CRE portfolio managers and analysts resigning left and right. Hundreds of millions of dollars of RE secured loans going unmonitored. Management stinking up the place.
Quietly quitting
Anyone else?
Material Risk Taker LTI Clawback
Looks like an arbitrary process to keep from paying out stock incentives. Who decides? Does management get kick backs for keeping LTI low?
TFC Equity?
Did TFC get equity his year? Insurance apparently got none.
Outsourcing CTO
Just heard they are bringing in Accenture to analyze groups for outsourcing. They’ll do it under the guise of “strategic planning”. If your group is under review, get those resumes polished up!
“Just got paid today
Got me a pocket full of change” Bye bye SunTruist. You will not be missed!
Is it hard to get fired from Truist
As an individual contributor is it difficult to get fired from Truist for performance issues? Can someone outline the steps that are taken such as putting a teammate on a performance improvement plan before the teammate is terminated?
TAS jobs
Truist Audit Services, led by MUFG spies, has laid off so many people because they want to be more efficient, only to now turn around and add more audit roles. How does that make any financial sense? Poor management couldn’t ethically use the... — read more
AIP Bonus payout for separated teammates
AIP Bonus payout for separated teammates will be at 70% for both the corporate and managers discretion components, so overall 70% of on target earnings.
Truist employees LinkedIn posts are so cringe
That is all just cringe
Layoffs next week?
Do we know about any, or are we waiting for the coming Q report? I wish for one week, just one, of peace.
Pension Payout
For those fully vested in the pension and leaving/terminated, what options were you offered?