Have layoffs been officially confirmed for this week?

I might have a opportunity to join Truist audit and started asking around and now I'm nervous. Everyone I talk to says it is miserable and one said "horror show". I get layoffs are coming but same where I am now. My gut says this is a mistake.

and will likely be done by end of November. Will be done in “layers” starting with manager positions but don’t know how many layers or how deep.

Scroll through LinkedIn posts by Truist people and they are all gushing over how wonderful a place it is. So much purpose and care! These people have to either be seriously delusional or feel like it's the only way to make Bill and his BCG... — read more 

#The Role of Leadership: Lessons to Learn from the Truist Layoffs in 2023 https://www.linkedin.com/pulse/role-leadership-lessons-learn-from-truist-layoffs-2023-standley

I'm very confused as the layoff definitely started already. But why do many people out there keep mentioning 10/2 as a start? Or do they mean the major wave will start on 10/2?

His LinkedIn profile isn't showing yet if he did.

All this is being done to keep Bill as CEO. He must be a helluva guy.

Thompson Elliott Buchanan Move Cummins to CEO

Was browsing during work, someone was offering resume help. Did anyone happen to catch the email or whatever was contained in there? Was it legit?

Anyone else hear about layoffs impacting One View product, EXD and tech teams? I’ve heard rumours but not sure timeline of layoffs. Anyone able to confirm?

market capitalization of $64.7 billion, as of December 31, 2020. They can’t blame it all on Kelly as much as we’d like. The butterflies are still dying it’s just not KK ki-ling them.

“Saying goodbye to people who have helped build Epic is a terrible experience for all. The consolation is that we're adequately funded to support laid off employees: we’re offering a severance package that includes six months base pay and in the... — read more 

Are there any terminations related to the issues with the credit card conversion. There are thousands of clients out there who can not use their cards. Their response is we don’t know when it will be fixed. It’s not the people answering the phones... — read more 

Is the laid off date effective right away? Like effective date = termination date? Or they would take away your system access first but give you a time period like a month so you can stay on the payroll for 1 more month?

Company really knows how to motivate employees by forcing a return to office then announcing layoffs of thousands of employees months later. What’s your motivation level?

Given the lack of communication by the org, poor leadership and high probability of layoffs every other day you should give no notice when you land your next job. There is a chance you will be laid off and receive severance so why chance during a two... — read more 

In your control. Polish your resume. Do mock interviews. Make a list of career contacts outside. Call that list networking for opportunities. Apply for jobs. Decide what skills you want to improve. Find out how to improve them and make it happen. Cut... — read more 

Any one hear about them monitoring badge swipes and IP addresses for how long people are in the office? Has anyone been talked to by their mgr for not being in the office 8hrs?

How thoughtful of Bryce.

How do 2 profitable banks become a loosing money pit? Just get senior level management that has no background in tech make the tech direction decisions ... To heck with price performance models used by largest manufacturing companies in... — read more 

I barely got any sleep worrying about more layoffs.

Anyone hear anything regarding any of the lending operations departments in regards to layoffs?

Time for the worker bees to pay for the inefficiencies of management.

Cuts before, after or during?

Has anyone heard of RIFs coming for the experience design department?

For Truist workers impacted by layoffs, does Truist offer a program giving RIF’d workers access to internal job postings to be able to apply for stronger re-hire opportunities?

Is anyone else struggling to be productive since the RIF/8-k announcement? I’m personally terrified and while I’ve been through this before I just feel every little thing is being scrutinized- but all the wrong things for the wrong reasons. — read more 

These commercials are so strange! When do they plan to start caring about employees or customers?

Hope you feel good Kelly King for destroying so many lives. Judgement day isn't that far for you!

Anyone know what teams will be impacted specifically in treasury ?

Is anything else getting hit?

rumors that BCG is gettin a 25% cut of the saves from rifs Wtf can anyone confirm?

Whole department RIFD, last day is Friday!

After looking at the Barclays presentation a friend shared with me that there was a Refinitiv Q&A where Bill Rogers stated the reduction in force would not include client facing roles. How can he have said this at an investor conference?

Not ONE of the three "replacement" leaders has a real tech background. They're all business "leaders". There are some actual tech leaders with tech skills at Truist. And, the fact that that were ALL passed over should tell you that Truist is... — read more 

Thoughts? What do you think they will report for their third quarter earnings report?

Thoughts? Impacts?