Return to office 5 days a week

I hope I’m wrong but with all the RIFs and RTO 5 days a week, no bonus, etc. I would not be surprised sadly if a teammate or teammates snaps and goes off the deep end. I hope I’m wrong of course, but this is the world we live in and it’s only... — read more 

This guy has no idea how things are really going at SunTruist! Expense cuts of this magnitude can create a sense of uncertainty and lower employee morale within the organization. Employees may worry about the stability of their positions and question... — read more 

This company went from poorly run to poorly compensated real fast. No bonus, less benefits, RTO moving to 5 days.

It's the first week of November, isn't that the usual layoff season?

As a protest to upcoming layoffs in “Mid-November”, product and technology teammates are encouraged to call out sick for upcoming M11 releases (11/16 - 11/19). This will impact Truist! Be strong and call out!

Working for Truist is the same as being in an abusive relationship . Get out now before they ki-l you . I feel like I’m being chipped down bit by bit . My only job right now is find a new one . Good luck guys I want nothing but the best for my... — read more 

The CTO says that we are currently at 83 percent on shore and that he wants to get that down to 40 percent. Also, he said that his areas is at 50/50 fte to contractor mix. I guess we would need to know the number of FTEs in CTO to understand how... — read more 

A layoff where no one is getting laid off

Truist Financial Corp. is pricing a $1.75 billion bond offering with strong demand on Wednesday, a source in the bond market told MarketWatch. Truist Financial (TFC) is expected to price the notes maturing Oct. 30, 2029, about 225 basis points over... — read more 

Why would anyone listen to anything that the folks from this company have to... — read more 

Can’t wait to hear this commercial message about our Purpose Driven Financial Institution! CHARLOTTE, N.C., Oct. 25, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Mike Maguire will speak at... — read more 

For everyone who survives the layoffs, you need to ask yourself a question - do you really want to work for a company that can so callously put its employees through the stress, uncertainty and frustration that everyone is facing now? Businesses... — read more 

I know there are going to be huge waves of layoffs (I mean it’s kinda happening already…), and I know being a low performer will only be more negative in this situation. But honestly speaking, ever since they announced that 300 million cut, all I... — read more 

Apparently hiring was too aggressive pre-merger and during the merger. Layoffs to start next month just in time for the holidays!

Client calling saying their credit card declined. No reason for it. While it was being checked another commercial client called with the same issue. Long story short…… mo--ns at Truist coded all commercial credit cards holders as deceased and... — read more 

Haven't met a person who isn't trying to rush out the door. The ones having work thrown at the them and are putting on the biggest smile playing teacher's pet are the ones that sent their resume out a couple hours earlier and taking interviews at... — read more 

Mike Mayo didn’t write this! While the dividend is covered by earnings and shares trade at a large discount to BV, the decline in Q3'23 earnings and BV is not convincing. Truist Financial (NYSE:TFC) reported slightly better than expected earnings... — read more 

It feels like everyone who's still hanging around at Truist are the ones who haven't found jobs elsewhere yet. With "yet" being the key word in that sentence. Nearly everyone I know either already got laid off, left voluntarily, or they're out there... — read more 

Am hearing more and more rumors (from valid executive sources) that plans are well underway to outsource the majority of technology and infrastructure planning and implementation (including information security) starting in mid-2024 though early... — read more 

And SunTruist loves to drop stuff on Thursday afternoon emails.

Any updates for McGriff employees? Are layoffs still happening in the midst of talks to sell the remaining?

Best way to get everyone excited about RTO is to brag about how effective the repeat treatments for bedbugs are.

Unionize!!!! It’s time! The bank is protecting their interest who is looking out for our interests! Here’s some food for thought Building a committee. After determining support for a union exists around key workplace issues, build a committee of... — read more 

TIS just lost two of their top 15 producers. TIS actually thinks that no one will leave. LOL

CEO sounds like a broken record. Issue now is he is ki-ling insurance operation. Producers are actively looking for new opportunities outside Truist. All stock incentives provided have been a bust and clients don’t want to be a with a broker that is... — read more 

Enjoy the ride. I guess this is my stop

“The transformative work we announced in the third quarter to improve our financial performance is well underway. We are driving swift and meaningful actions to simplify our organization and reduce expenses. Our continued focus on core clients... — read more 

I’ve read multiple times that Truist is a “purpose driven” organization. If the purpose is to alienate employees and clients, it’s doing a great job.

So starting today SunTruist will get 2% less out of me. Sure I'm not the only one who is quite quitting. Hey EL, go fu-k yourselves!

I did not trust the "Leaders" of Truist, especially my new boss. Truist is heading in a terrible direction, cutting costs at the employee expense. They just reduced the 401K match to 4%, and don't think for a second they are not coming after your... — read more 

Effective 2024 Manager email just distributed, with more info being widely shared later today HR-

Anyone with info for remote workers if they were laid off how is that done? Not being in a office. An individual call? Meeting? Email? Whole team call? Any one know any expectations on that.

I got an offer from a company I really wanted to work for just to have it rescinded a few days later. Talk about a hit to my confidence. Is this something that happens often? Or am I just that (un)lucky?

I think the leadership is going to come up with creative ways to reduce expenses like maybe having everyone forgo raises and lower AIP instead of layoffs. I don't know of anyone that's been laid off.

Any idea how Truist earnings call will go tomorrow?