More layoffs to come in Dec, Jan & Feb.

I was worried they'd reduce it even further.

Will there be more layoffs tomorrow? If the answer is yes, is there any way to know what will be hit?

When did or will this layoff happen? Which department/LOB/team was or will be impacted? If possible, provide some details about this layoff, eg. who's the leader of the impacted team, and when is the layoff date effective? Really tired of... — read more 

This merger su-ks. I remember the good old days at BB&T where this nonsense NEVER happened. So much stupid decision making! Perhaps is we focused on actual performance and hiring the best, most qualified person for the job instead filling... — read more 

I heard a rumor that dozens of branches in Virginia will close. Has anyone else heard this? Do we know which ones or where the teammates will go?

I still have to sign in and show up for work until my official last day. I have to play by the rules because the severance contract says it can be altered and changed arbitrarily at the banks discretion. The unethical nature of this is astounding. — read more 

He makes me laugh. Truist CFO Mike Maguire suggested that a wide-ranging revamp of the company’s organizational structure will be key to realizing $750 million in cost savings. “Avoidance of any sort of siloed or inefficient decision making… will... — read more 

That's the deal-breaker for me.

Will they be affected?

I guess I'm one of the few who are disappointed they're still here.

I've heard some managers have told their teams that layoffs are done for now, but we were not that fortunate. We also didn't lose anybody today, so I'm worried that the combination of the two means that tomorrow might be our day. How worried should I... — read more 

(1) Tailor to the job: Highlight relevant banking experience specifically. (2) Use keywords: Integrate terms from the job description. (3) Professional tone: Maintain formality, showcasing industry acumen. (4) Quantify achievements: Use figures to... — read more 

How much our bank spent on BCG and others to run the transformations?

https://www.worker.gov/form-a-union/

I’m sending mine to his Wells Fargo email

How big is this round?

The anticipation is the worst.

That's all I managed last night. This is horribly stressful and it can't be good for either our mental or physical health. At least we can take comfort in knowing it will be done by the end of this week. I'm not optimistic enough to believe it will... — read more 

Let’s consolidate into one thread. If you’ve been impacted, please provide any details you feel comfortable sharing regarding team, role, layoff process, severance, etc. Please all keep things respectful. This is a really hard time for everyone... — read more 

Which is annoying

Employees in Virginia. You can legally your conversations with your boss without their knowledge. Virginia’s wiretapping laws state that only one person has to consent in a two person conversation. You do not have to ask for your boss’s consent... — read more 

Anyone know if the branch staff will be part of the RIF’s? Most branches work with a skeleton staff already. But rumors are floating around the branches of manager RIF’s and branch closures. I’m a branch employee and the environment is just sad. Our... — read more 

I hope it'll not be as bad as I expect, I wish you all the best.

Will they send out 1-1 invitations right in the morning all at once? Will the meeting invite come from HR or our manager?

If you want a textbook example of what a lack of leadership looks like, Truist is it. We are doomed unless there are major changes at the top.

This is making me so nervous. Every day I read about more layoffs in the banking sector. Knowing how insecure our jobs are at Truist, and knowing that finding a new job will be much harder than usual due to so many cuts all over the place is not... — read more 

I know for a FACT that huge org changes (including layoffs) are being announced next Monday 11/6. It’s being called Bloody Monday by those in the know.

That Purpose video was something

Anyone get laid off today? Report here with any layoffs in Chris ward’s organization

What a load of cr-p. So the real message is “expect more layoffs starting now, and if you are in a Ops unit supporting a specialized line of business, you are screwed” Also have to love the “this is moving fast” comment. No William, spreading out... — read more 

Anyone else feel they are spiraling out of control and losing it? I cannot imagine losing my livelihood. Minimal job prospects out there due to state of the economy. Can’t go on

Truist is going down hill quickly. Time to jump ship.

Looking at others in the industry, Chase, BOA, and Regions match 100% of 5% so not sure how 4% is matching the industry.

Layoffs this / next week, then again in December. The executives are trying to meet end of year staff reduction targets. This one is going to blow up in their faces as they navigate the negative headlines. The leaders with a conscience are furious... — read more 

Bonus, last October day I'll waste at this pathetic bank. Go purple!

You guys know those fishing texts you all have been getting about your Truist Benefits changing? I'm getting those on my virtual cell number that I set up as soon as I started Truist, that's only ever been given to Truist teammates, I've never used... — read more