Topics regarding layoffs at Truist Bank

Topics regarding layoffs at Truist Bank

No room for growth

I've been stuck as a personal banker for a while now and I know I have no chance of moving up. I'm not best friends with anybody in management nor am I related to any of them, so I'm stuck most likely forever. Anything else would require I develop... — read more 

Saturday branch plan

Word is we are adopting a form of the sun trust Saturday branch plan where branches open on Saturday will have to self-staff without rotating in neighboring branch teams to support and manage the workload... As a HBBT associate I am very concerned... — read more 

Greenwood Announcement

Anyone that stupid to believe they care about underserved communities??? They have the only person of color on the executive team quoted for the article and all the white executive team just sits back. I’m telling you 3/4 of that place could care... — read more 

Everyone is replaceable?

I really hate that attitude. No, they are not all interchangeable, that's just wrong. This company now has a problem with the lack of talented people. They probably think that talented and good employees are expensive, so they prefer to opt for... — read more 

Truist and Women

If only they really felt this way about women working at Truist; Truist @TruistNews · Mar 1 Breaking barriers, taking risks, and inspiring others to be better. This #WomensHistoryMonth and always, we celebrate the courageous women, both past and... — read more 

Can we hire somebody with experience?

First let me say that I hate the fact new people are being hired instead of offering available jobs to those who were let go in the past year in the first place. What's even worse is that people we do end up hiring have zero experience. They either... — read more 

How many?

It just hit me today that a lot of talented people in my LoB have left the company within the last year. I realize that many of them had the knowledge and experience that is needed but is now lost to the company for good. How many more need to go... — read more 

Costco vs. Truist

Costco: Crazy company with a crazy notion that happy/well paid employees equal good customer service, less turnover, and less need to keep training. This in turn leads to happy customers who show brand loyalty. That in turn leads to happy... — read more 

When will things settle down?

It's been more than a year since the merger and it seems like we are still in the transition period. We still hear talks every day about restructuring, synergizing or whatever the word of the day is for more cuts and it always somehow gets linked... — read more 

You can move on

People keep lamenting about how much they hate this place but they stay because all other banks are just as bad. People seem to be stuck on banks as the only option for them to walk away. But there is so much more out there! Your skills might be... — read more 

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| 26680 views | | 3 replies (last February 28, 2021)
Post ID: @OP+19C3EpGx

From the 10K filing

Makes me laugh! Human Capital Truist believes it is crucial to attract and retain top talent who can further Truist's purpose, mission and values. To facilitate talent attraction and retention, Truist aims to provide teammates a diverse... — read more 

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| 25580 views | | 8 replies (last February 25, 2021)
Post ID: @OP+19z5oChx

RSU Bonus Time

SEC form 4’s are flying for the big boys last 10 days. How bad do you think you will be treated. Yes, pretty bad.

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| 26030 views | | 1 reply (February 21, 2021)
Post ID: @OP+19vNcmwL

Cut the hours and make us leave on our own

Why does it seem to me that they are they forcing us to leave in any way they can? Even though they are saying employees are moved to other branches, they are cutting our hours, so we will have to leave, I went from a 30-hour week to a 12-hour... — read more 

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| 25952 views | | 2 replies (last February 20, 2021)
Post ID: @OP+19t3iwYP

Improvement of efficiency ratio

Enterprise Tech all hands on call. Improvement of efficiency ratio is a goal. We know what that means. Scott Case says everything is going great with the merger. Does he really believe that?

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| 26190 views | | 5 replies (last February 21, 2021)
Post ID: @OP+19t4JF6n

Branch closures

If this was shared before and I missed it, I apologize. https://richmondbizsense.com/2021/02/09/truist-bank-closing-dozens-of-virginia-branches-including-10-in-richmond/#

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| 26330 views | | 3 replies (last February 18, 2021)
Post ID: @OP+19qzFzwd

Major reorg in Enterprise Tech today.

Major reorg in Enterprise Tech today. Hard for me to know if jobs were eliminated. They keep that quiet. Hopefully things will improve. The merger effort could not get any worse!!

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| 30320 views | | 7 replies (last February 18, 2021)
Post ID: @OP+19gVwQbX

Truist Brand

I left a few months back but I'm curious how the merger is going. Before I left it was a total sh– show. I was traveling recently and noticed that every SunTrust/BB&T branch that I saw is still branded with the two separate orgs heritage logos. ... — read more 

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| 24291 views | | 1 reply (February 17, 2021)
Post ID: @OP+19gCGx8A

Truist or Wells Fargo?

Anybody here worked at Wells Fargo before? I got an offer to switch, trying to figure out if it's a good idea.

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| 27840 views | | 4 replies (last February 17, 2021)
Post ID: @OP+19gt6QIv

They are intentionally making you miserable

Don't think for one second that the miserable work atmosphere is accidental or a coincidence. The leadership is intentionally cultivating a hostile work environment in hopes more people will decide to walk away. After all, attrition always beats... — read more 

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| 28412 views | | 3 replies (last February 18, 2021)
Post ID: @OP+19f96NPn

Got in late

I accepted my job at BB&T believing I'd be able to have a career there, make progress over the years. I was told so by my interviewer, and it was confirmed by several of my acquaintances who already worked at the bank. A little over a year latter the... — read more 

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| 28670 views | | 2 replies (last February 3, 2021)
Post ID: @OP+19deaHJX

Were there layoffs today?

Someone else posted that today the 29th was supposed to be layoff day. Anyone hear of anything?

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| 29442 views | | 3 replies (last February 5, 2021)
Post ID: @OP+199VIuBD

HR?

I'm having a major issue with my manager . We got a new guy a few months ago. He was transferred from another department and I'm starting to see why. His management method is bullying that borders on harassment. I'd like to take this to HR, but I'm... — read more 

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| 29210 views | | 4 replies (last January 29, 2021)
Post ID: @OP+199cIiWC

Future King Rogers

Sold 176000 shares at 50.22 per share. Must’ve needed a new home in Charlotte. Don’t worry he still has some 800000 shares available to sell.

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| 28800 views | | 2 replies (last January 31, 2021)
Post ID: @OP+1999uNPA

Working at Truist

Working at Truist means: having no work-life balance because you are doing the job of three different people for the price of one while under constant threat of layoffs while receiving no support from your superiors and receiving no... — read more 

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| 29210 views | | 5 replies (last February 18, 2021)
Post ID: @OP+198RhlBB

I'm finally able to leave

When the merger happened, I decided to give it six months to see how it'll play out. I knew after three that I wanted to leave, but then the pandemic happened and I was stuck. After nearly nine months of looking, I've finally landed a new job. I want... — read more 

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| 29143 views | | 2 replies (last January 28, 2021)
Post ID: @OP+197gCg5Y

Better opportunities are out there

I had a screening call with a recruiter today who found me on LinkedIn who was recruiting for another large bank. The potential compensation would be significantly higher than what I make now and I’d be involved in some truly innovative work. .. — read more 

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| 28480 views | | no replies yet
Post ID: @OP+197PK5TH

Enterprise Technology is Broken!

Enterprise Technology is Broken! The folks in charge of this project don’t have a clue how to run it. They refuse to let us have SunTrust accounts in our test environment!! This is absurd and has become a running joke! They keep changing plans... — read more 

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| 28191 views | | 2 replies (last January 27, 2021)
Post ID: @OP+196tEYFm

Layoffs the 29TH

I got word another round of layoffs this Friday, if you hear something post here. Thank you!

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| 28110 views | | 8 replies (last February 4, 2021)
Post ID: @OP+196jfSAa

I have to wonder....

if some of the unbelievably horrendous leadership coming out of some of the new management, especially ones coming from IBM are deliberate attempts to create mass voluntarily attrition. Some to the decision making I’ve seen lately defies logic... — read more 

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| 26880 views | | 2 replies (last January 26, 2021)
Post ID: @OP+195TxxUf

Stress leave?

How many hoops would I have to jump through to be approved for stress leave? Right now I feel like I'm drowning at work. I keep getting more work piled on despite already being overworked, I'm expected to help all the new employees which amounts to... — read more 

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| 27240 views | | 6 replies (last January 26, 2021)
Post ID: @OP+195TJUmV

Work from home is not a permanent solution

Please stop advocating for permanent work from home. You are shooting yourself and the rest of us in the foot. If it turns out that jobs can be done from home permanently with no need for an office, do you really think Truist is still going to pay... — read more 

More big cuts on the way from the horses mouth.

Truist is eyeing $1.6 billion in merger-related net cost savings. It achieved about 40 percent of that in 2020, with plans to pass the $1 billion mark this year. Bible said Truist is targeting $2.94 billion or less in adjusted non-interest... — read more 

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| 25670 views | | 1 reply (January 22, 2021)
Post ID: @OP+1928CLZY

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