Topics regarding layoffs at Truist Bank

Topics regarding layoffs at Truist Bank

So how much

of the Barclays presentation be regurgitated during the third quarter earnings call? How much savings will be claimed in third quarter and how much clarity will Bill n Mike put on new EL changes for example during the call? Quarter four will be... — read more 

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| 6002 views | | 1 reply (September 26, 2023)
Post ID: @OP+1oMB8DdF

No more guaranteed retirement

With all the layoffs and all the - often forced - attrition, we are at the point where we are more likely to get eaten by a shark than successfully retire from Truist. Remember when this was considered to be a job for life? I wish we could go back to... — read more 

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| 5930 views | | 7 replies (last September 26, 2023)
Post ID: @OP+1oMo1YmN

Just saying REALLY?

Truist Financial Corp. boosted CEO Bill Rogers' total compensation by about 27.3% last year, according to a recent filing with the U.S. Securities and Exchange Commission. Source Salary.com

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| 6360 views | | 8 replies (last September 26, 2023)
Post ID: @OP+1oLPjuFy

For folks who are finding a new job

First of all, I hope everyone will be safe or get an even better placement eventually. So recently, I've been interviewing for other jobs, and I keep being asked why do I want to leave the bank. I tried to use some general answers like career... — read more 

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| 7330 views | | 7 replies (last February 19, 2024)
Post ID: @OP+1oKPxpJm

Blessing

In late 2018 I received a severance package after 20+ years of service with BB&T. At the time I thought it was the end of the world, but time has shown what a blessing and favor the bank gave me before the s@%# show started in early 2019 when the... — read more 

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| 6850 views | | 5 replies (last September 28, 2023)
Post ID: @OP+1oKt8dtf

What does Scott Case even do?

Look, I like a good ole fashioned dog pile as much as the next person, but what does Scott Case even do? Ken M is surely culpable, but I feel like he is just the hired bad guy between the truly poor decision maker. Reorg him out so we can at least be... — read more 

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| 8080 views | | 9 replies (last September 27, 2023)
Post ID: @OP+1oKnPttj

ELIMINATED TODAY

Truist Foundry axed today. Innovation not important to the organization

Truist Toxic Culture

This last week has been the worst in my whole career. This company is burying itself making employees walk on eggs shell why poor management gets a pass. I pray for all employees. October is going to be bloody. Keep your head on a swivel.

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| 7490 views | | 7 replies (last September 26, 2023)
Post ID: @OP+1oJIUy6o

Is The SunTrust-BB&T Merger A Bromance?

Dec 12, 2019,03:40pm EST from Forbes The recently competed merger of SunTrust and BB&T is being billed as a “merger of equals” and described with bromides that appear designed to calm the predictable concerns of investors, customers, employees, and... — read more 

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| 7860 views | | 21 replies (last September 25, 2023)
Post ID: @OP+1oIS78i4

News Story About Card issues.

What a sad situation this is, ever since the merger was announced. When will the leaders be held accountable! https://www.wcnc.com/article/money/truist-bank-customers-credit-card-disruptions/275-37dbf030-583e-4703-9106-5453132466b1

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| 7120 views | | 12 replies (last September 22, 2023)
Post ID: @OP+1oIT3fD0

Kelly King

For the longest time, I had nothing but respect and admiration for Kelly King. Hearing him speak was like going to church - you felt motivated and inspired. However, the way he handled his retirement and the merger was nothing less than disastrous... — read more 

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| 7970 views | | 11 replies (last September 28, 2023)
Post ID: @OP+1oIAFxJ8

So who will the big three be?

In the new structure of leadership whom will the big three leaders be? What will the EL structure look like? Currently there are 11 on the EL down from 14 at merger. How many and whom after the realignment?

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| 8380 views | | 14 replies (last September 25, 2023)
Post ID: @OP+1oIxOMKy

Be sure to activate your new Credit Card…. What a joke!

The branches were pressured SO hard to call EVERY single client who would be receiving a new Credit Card… I mean it was pushed down every teammate’s throat every single day to get these calls done…… they forced teammates to have the calls completed... — read more 

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| 6750 views | | 1 reply (September 21, 2023)
Post ID: @OP+1oIdWEVl

Truist is tracking employee mouse clicks and meetings

Truist is tracking the productivity of employees by using software that tracks mouse clicks and time in meetings. Be sure to accept teams meetings and move your mouse. They're looking at who to layoff and rather than actually manage output, they're... — read more 

Who is Truist protecting?

I have been around this joint long enough to have friends in most every department and have watched how far we have fallen. Got to appreciate the small perks of working for a small southern bank. We have DeMaio, the HR nightmare, Thompson, the run... — read more 

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| 6910 views | | 2 replies (last September 22, 2023)
Post ID: @OP+1oHlOYOc

Experience Design Layoffs

Spoiler alert! Layoffs from Ken Meyer’s organization, specifically Milissa Tarquini’s organization will be happening. Also layoffs from Elizabeth Ventura and Sarah Creed’s organization to occur as well. Very sorry to Experience Design folks in... — read more 

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| 9430 views | | 15 replies (last September 22, 2023)
Post ID: @OP+1oHXbAuo

Credit Card Migration IT Staffing Issues

This place is an absolute mess. New credit cards were sent out to activate 9-18. Now the migration has gone wrong and there is no way to verify a new credit card. Every day the response is it will work tomorrow. 3 days of promises and no results... — read more 

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| 6400 views | | 4 replies (last September 21, 2023)
Post ID: @OP+1oHou53z

So what happened

To the post about the communication DEI folks? Stepped on the wrong toes?

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| 6450 views | | 5 replies (last September 24, 2023)
Post ID: @OP+1oHtmMQP

We need to hold them accountable

I hate how leadership always gets away with cr-p like this. Are they ever going to take responsibility for their own mistakes and their poor planning, instead of depending on cuts as an easy way out? Is there any way for us to hold them accountable?... — read more 

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| 5572 views | | 1 reply (September 20, 2023)
Post ID: @OP+1oHDncjp

I'm done

My top goal for the rest of the year is to find a way out of Truist. If I'm not laid off, I'll leave on my own. I'm not staying here a day more than I have to.

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| 6470 views | | 8 replies (last February 10, 2024)
Post ID: @OP+1oHcIW8U

How many were riffed for this?

NEW YORK & CHARLOTTE, N.C.--(BUSINESS WIRE)--Standard Chartered Americas (the “Bank”) today announced that it has entered a trade finance partnership with Truist Bank (NYSE: TFC) that will enhance Truist clients’ ability to conduct global... — read more 

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| 6110 views | | 4 replies (last September 25, 2023)
Post ID: @OP+1oHjeLF2

Divesture of Insurance

The internal rumor is insurance will be sold completely in 3-4 months to shore up capital position. Has anyone else heard this. This EXEC team does not communicate

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| 9670 views | | 17 replies (last September 24, 2023)
Post ID: @OP+1oFichTT

Joined three months ago

The news of layoffs hit me like a ton of bricks. Am I done? Are those who were most recently hired the first to be laid off?

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| 8060 views | | 12 replies (last September 22, 2023)
Post ID: @OP+1oFhcHqt

I was about to quit

Now I decided to wait it out and see if I get laid off. I'm going to laugh so hard if they pay me to do something I was about to do anyhow.

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| 7260 views | | 4 replies (last September 19, 2023)
Post ID: @OP+1oFkYlBc

Engagement Survey

Has anyone else noticed how quickly the annual engagement survey has gone by the wayside? BB&T always made a big deal of reviewing the results and identifying areas for improvement. Post MOE, SunTrust leadership doesn’t seem to value those... — read more 

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| 8840 views | | 9 replies (last September 26, 2023)
Post ID: @OP+1oDaLNYB

Womp Womp Woooomp

https://businessnc.com/four-years-after-a-merger-of-two-mighty-banks-truist-is-still-working-to-gain-its-edge/ Excerpts: Over the past two years, Truist averaged an annual profit of about $6 billion. In 2018, BB&T and SunTrust earned a combined... — read more 

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| 10810 views | | 19 replies (last September 19, 2023)
Post ID: @OP+1oDneumt

Hang in there y’all

This feels sh---y for all of us. Just wanted to say hang in there and hope you have a good day!

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| 8690 views | | 4 replies (last September 17, 2023)
Post ID: @OP+1oCP5mcS

RTO

Those being told to return to the office were forced into old buildings that haven't been occupied or maintained in years. Most of the staff is sitting on the floor or making desks out of old boxes. They don't even have phone service in the... — read more 

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| 8970 views | | 4 replies (last September 18, 2023)
Post ID: @OP+1oCJ4suy

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