Topics regarding layoffs at Truist Bank

Topics regarding layoffs at Truist Bank

It is not if you get laid off, but when

When a business is failing and in a tailspin, there is more work to be done by the few that are left. Stress levels increase exponentially. This brings out the worst behavior. Depending on your location it will affect the timing of the layoff. Do not... — read more 

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| 15773 views | | 4 replies (last December 4, 2020)
Post ID: @OP+18eJZITU

Customers show concern

I am on the BB&T side. We have many small business customers who come to give in their deposits. Over the years, we’ve built up relationships with them and most often we just have small chats while conducting transactions. A few of them have noticed... — read more 

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| 15440 views | | 2 replies (last December 5, 2020)
Post ID: @OP+18e2rq2z

Merger is a failure

I think by now we can all say that this whole 'merger' experiment failed when it comes to employees. I used to love my job, now I'm dreading every new workday. I'm not alone, all the people I know miss the old days when we were simply SunTrust. The... — read more 

End of year will have layoffs

Budgets have been decided and the last major rounds of layoffs are in the planning before 12/31. This will probably be the last that will offer severance packages. Beware of new positions being offered, it may be your downfall. Good luck.

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| 15780 views | | 3 replies (last December 3, 2020)
Post ID: @OP+18bYgsku

CARMA......

While this cluster tries to come together and become the sixth largest bank, PNC has already knocked you back down a couple notches🤣🤣...

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| 17690 views | | 7 replies (last November 25, 2020)
Post ID: @OP+184AbCj4

Call Center Outsourcing

Are the internal and/or external call centers with Suntrust outsourced? Would really appreciate any information on this.

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| 16420 views | | 1 reply (December 1, 2020)
Post ID: @OP+184QULKd

Caught in the crossfire

Two members of my team can’t see eye to eye on any issues and this is making working as a team difficult to say the least. The others are finding absolutely no motivation to work with them because they feel caught in the middle of their ridiculous... — read more 

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| 18270 views | | 3 replies (last November 23, 2020)
Post ID: @OP+17YNciec

Outsourced

Many departments have been outsourced to India, a vendor for Suntrust. Everyone on the BB&T side be ready, your department could be next. You will train them and then be walked out the door. Thank you, Kelly King for throwing your Wilson teammates to... — read more 

Running out of money

Hey, I'm not one to be on this board but why would BB&T advertise BB&T's BANKING app on Food Network today, 10/16/20. Guess they can't afford a merger app, or at least say who the are. Both BB&T and SunTrust still in the dark ages, you better... — read more 

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| 25330 views | | 8 replies (last November 22, 2020)
Post ID: @OP+17twHlHv

How many have been cut so far?

I know people are getting cut at the end of each month, but that can't last forever. They have to stop sometime. I'm wondering do we have any idea how many have been cut so far? The originally announced layoffs in April said 800, but by now it's been... — read more 

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| 26600 views | | 8 replies (last October 19, 2020)
Post ID: @OP+17oudRLd

How is outsourcing to India even legal?

Seriously? We send so much sensitive data there? And, we as Americans are consumers but all money goes to India. Makes no sense. Finally, on a national level - India gets all the skills (we give it to him) and what do we do here in the... — read more 

401K / RIS given notice - being sold

It was announced yesterday that 401k / RIS is being moved to Empower and Assensus. All analyst, sales and Call Center Reps from Raleigh, Greenville and Greensboro laid off. A few are safe for now, until everything has transitioned and then... — read more 

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| 24800 views | | 11 replies (last October 30, 2020)
Post ID: @OP+17kYFmIm

Class Action

Whispers of class action lawsuit by hBBT employees because they are not increasing salaries to match SunTrust. Anyone else heard this?

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| 32140 views | | 36 replies (last October 11, 2020)
Post ID: @OP+17awvBAV

Layoff Schedule

In a previous thread, it was mentioned that layoffs will be happening the last week of each month with the next group being the 21st of September. Is anyone else aware of this information? If so, when and where was it discussed/mentioned? What groups... — read more 

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| 30720 views | | 4 replies (last October 9, 2020)
Post ID: @OP+171I4DnR

Job grade

Are salary changes effective immediately? Are BBT folks getting a bump in pay? It’s pretty well known that SunTrust pays more

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| 30840 views | | 1 reply (October 1, 2020)
Post ID: @OP+16Srae9A

Extra workload

After having riffed hard working people you forced existing employees to pick up the extra workload. How is this being “efficient”? Do you honestly believe output as well as quality and service will remain the same and not be jeopardized? How is... — read more 

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| 30550 views | | 3 replies (last October 10, 2020)
Post ID: @OP+16Ra8Wbj

RIS - EBO - 401K Dept to be sold off

A recent bank mega-merger could soon lead to the sale of a 401(k) recordkeeping business. Word is that the folks at Charlotte, North Carolina-based, publicly traded Truist are trying to sell at least part of their retirement plan business. Truist... — read more 

Job Regrading / HR Updates?

Anyone have any info on when the job regrading (specifically pay bands) and subsequent job description updates will take place with HR? We were told sometime in August, but clearly that didn't happen...

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| 30750 views | | 3 replies (last September 9, 2020)
Post ID: @OP+16LEzkrJ

Updates?

What’s happening out there?

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| 32850 views | | 9 replies (last September 19, 2020)
Post ID: @OP+16FurOXI

Any h1b layoff ?

Too many h1b folks in IT department.any layoffs in IT Department?

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| 32630 views | | 1 reply (October 8, 2020)
Post ID: @OP+16BsDplr

Can we get more details on layoffs, please?

I've heard there were layoffs yesterday and today but that's also all I've heard. No numbers or departments or locations, nothing. Do we know if this will continue tomorrow? How many more can we expect? What is being hit? Any info would be greatly... — read more 

Truist commits to more aggressive cost cutting

During the second quarter earnings call on 07/16, Truist leadership committed to more aggressive cost cutting, to include aggressive layoffs. Will the executives turn the aggressive cost cutting on their own multi-million dollar total annual... — read more 

You are deserting me in my time of need...

When we first met I was excited to start our adventure together knowing we would make a great team. I was wide eyed, and ready for all the things you offered me. I believed in your promises that I was part of the Best Bank in Town and always followed... — read more 

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