Topics regarding layoffs at Truist Bank

Topics regarding layoffs at Truist Bank

Reconsider your job search strategy

Forget stressing over the salary for a moment. Try to focus on other things, like how interested you are in the work you'll be doing and whether the company culture is a good fit. I did this, and while I'm paid less, the mental load is way lighter... — read more 

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| 18941 views | | 1 reply (November 27, 2023)
Post ID: @OP+1pNhIpzD

Pulse Survey is Out

There is a comment section this time. You know what to do. We all know they won't share the results, of course!

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| 19220 views | | 8 replies (last November 30, 2023)
Post ID: @OP+1pNY3Faq

How can you volunteer to get riffed?

When positions are “eliminated” some teammates are allowed to raise their hand to be riffed and some aren’t allowed to and are moved into other roles. Does anyone know why?

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| 19010 views | | 7 replies (last November 27, 2023)
Post ID: @OP+1pNscLoi

December layoffs

Can anyone confirm that there will be layoffs happening Dec 13-14?

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| 19360 views | | 7 replies (last December 6, 2023)
Post ID: @OP+1pM5M3zt

Annual Reviews for this being laid off?

Annual reviews start 12/4/23 thru 1/27/24. Does anyone know if the ones being laid off during this period will actually have a review or will that review take place as the ‘letting you go’ speach?

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| 17800 views | | 2 replies (last November 29, 2023)
Post ID: @OP+1pMMmdwQ

Selection process??

Does anyone know what the selection process is? I heard the business unit that I support received questionnaire to complete/pass judgement on individuals that did not directly report to them. What exactly is the selection process?

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| 20740 views | | 7 replies (last November 27, 2023)
Post ID: @OP+1pKBooFf

Thankful at Thanksgiving

As I prepare to sit down tomorrow to enjoy the family feast, I am most thankful that VSRP allowed me to leave this dumpster fire.

Nido interview with Kelly King

Nido does a PBS show in which interviews business people etc.. Kelly was the latest. It was vomit inducing. I only got through about 10 minutes of it and Kelly said purpose 7 times in that time span, oh and that happiness is one of the core values... — read more 

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| 20410 views | | 11 replies (last November 30, 2023)
Post ID: @OP+1pIiwu8c

Morale has hit a new low

It feels like the leadership is intentionally creating a hostile work environment for whatever reason. It makes no sense to me.

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| 23240 views | | 12 replies (last November 25, 2023)
Post ID: @OP+1pHpXqvy

Truist IBM collaboration

So what is going on with this and has or will the reorg and riffs affect? Anyone know?

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| 22780 views | | 8 replies (last November 22, 2023)
Post ID: @OP+1pFlcCqd

Branch closures in MD

Anyone know if these layoffs will include branch closures. Trying to determine how soon I should exploring my options

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| 23040 views | | 5 replies (last November 20, 2023)
Post ID: @OP+1pDtskYO

It's the Culture, Stupid

This train left the station at LD1 and both KK and BR had their hands on the throttle when it broke. DB prayed to Jesus for the train to stop, but we all know how that story goes. A CEOs primary responsibility is to INSTILL a culture in an... — read more 

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| 26150 views | | 14 replies (last November 24, 2023)
Post ID: @OP+1pC2coTG

Q3 Pulse Survey?

Did I miss the Q3 Survey or was it decided to just not do it....for....reasons.

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| 24500 views | | 13 replies (last November 18, 2023)
Post ID: @OP+1pCDLFYg

Hiring Wells Fargo executives

Wells Fargo is the last place we should be hiring executives from. I don't know much about our future chief wholesale banking officer but it's enough to know she is coming from one of the most corrupt and worst managed banks. There were really no... — read more 

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| 22320 views | | 8 replies (last November 17, 2023)
Post ID: @OP+1pCL0siu

Huntington Bancshares

Welcome to the new BB&T. They have hired 30 plus truist employees including head of NC that just left Truist for Huntington. This is all in the last 60 days and they are focused on becoming a major player in NC. Anyone looking for a new opportunity... — read more 

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| 24600 views | | 13 replies (last November 19, 2023)
Post ID: @OP+1pBTXi07

So you remember the Barclays presentation

That started all this. Bill had three jobs reporting to him, Head of Wholesale, Head of Consumer, Head of Insurance. Now he has a COO with to many things to list, Donta as Consumer head and goes outside the bank to WF for wholesale head. The BOD was... — read more 

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| 21940 views | | 9 replies (last November 15, 2023)
Post ID: @OP+1pBQmUY3

Their goal is to get us to quit

Think about it. They are creating a stressful and hostile work environment intentionally. Why else let it leak there will be cuts and then make us wait with no additional info. People will get tired of this and leave on their own. Which plays right... — read more 

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| 22080 views | | 13 replies (last November 19, 2023)
Post ID: @OP+1pBJ5uV6

Purple Tuesday

Let's all embrace our purpose and T3 on this great Truist Tuesday

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| 18440 views | | 2 replies (last November 14, 2023)
Post ID: @OP+1pAS6umX

Who is left to lay off?

My team is half the size it was two years ago. Literally, they cut us in half but kept our work volume the same. And now we are worried that even more people will get cut. Who's supposed to do all the work? I'm guaranteeing you, if we lose more... — read more 

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| 21500 views | | 9 replies (last November 14, 2023)
Post ID: @OP+1pAPFu8e

BCG, McKinsey, Bain

You all should look up the YouTube segment of Last Week Tonight with John Oliver and his ripping apart of McKinsey. He alludes at the end BCG and Bain are probably doing the same unethical stuff. But the part where all these groups do is come in with... — read more 

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| 22680 views | | 9 replies (last November 15, 2023)
Post ID: @OP+1pxTA85c

Anyone remember this post?

In one previous post was this comment. Find this person and nominate them for CEO..they got it figured out. “ So Bill n Beau n Mike having spent the last two years putting Suntrust people in most leadership roles at all levels and spending like... — read more 

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| 21940 views | | 6 replies (last November 12, 2023)
Post ID: @OP+1pwBxjX1

So… we wait … January???

What’s going on? Glad no layoffs were done yesterday buts it’s confusing how will they save all this money and no layoff? R they waiting for January?

This entire fiasco

Lays at the feet of one person. Kelly King trying to apparently create a legacy convinced the BBT BOD that this was the future. Sold out a solid bank to a direct competitor and then gifted that leader with taking it into the future. Turns out none of... — read more 

Nothing about this was done right

I've been through layoffs before, but rarely when there was so little information available even as it was happening. I'm not sure who's responsible for this, but I really hope that person or people are held accountable at some point for all the... — read more 

Truist Insurance Holdings Sale

Appears sale may not happen. Buyers not willing to pay price Rogers mentioned to Wall Street. Rogers has now dragged insurance into this mess. Morale is bordering towards terrible and insurance management is trying to put a good spin on it but it is... — read more 

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| 16680 views | | no replies yet
Post ID: @OP+1puj9ksj

CCB into the new Org

Looks like David Weaver sacrificed most of his directs to save himself. He is on point to why his org was/is a mess. Smh

I am curious if Bill survives.

My assumption is the new Board leaves in place to assist with the RIF and consolidation. However, long term, Bill has not proven to be capable of managing a bank of this size and scale.

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