We all know the next round of layoffs at BB&T is coming, but the main question now is when? Do we have any idea on a time frame? I'm asking primarily because I've already started panicking again, and it would be nice to know if I have another month... — read more
Wilson NC Layoff Question
I’m a real estate investor in the Wilson market. BB&T has 2,200 employees in Wilson NC. The new 35mm building they are constructing to consolidate operations will house 650 people. Assuming the 6 branches in Wilson County make up about 100 employees... — read more
We need different kind of layoff for older employees
Very true. Too bad nothing like this will actually happen. In a nation with almost 37 million workers over the age of 55, the quandary of SunTrust-BB&T workforce will become increasingly familiar across the U.S. economy... — read more
This will be brutal
We can expect to see so many more layoffs once the merger is completed. Not only consolidation layoffs (which in themselves will be huge,) but this will give both banks a perfect opportunity to get rid of whomever they want without too much bad press... — read more
Thoughts on new name?
All hail SunKing...Premier? What do you think?
BBT Merger with Sutrust
How do you all feel about the merger?
BB&T Hires Boston Consulting Group
Finish the sentence...
When is round 3 and 4?
Does anyone know when round 3 and 4 of the layoffs are happening? Being told it will all finish by end of February.
Why the secrecy?
The little media coverage I find of the layoffs at BB&T have no details because the company is declining to say how many people were laid off. Why? What is the point of secrecy? Here's the latest example:... — read more
Cost cuts don’t produce growth, but hard-working employees do
I know that layoffs are the easiest way to cut costs an artificially produce better numbers without any organic growth. But if you look at the larger picture this is the ultimate way to bring the company down. They will be left with an understaffed... — read more
Overworked and understaffed
I’m not sure what’s the point of the latest layoffs, considering we are already severely understaffed. Instead of hiring, the bank keeps laying off. Even our clients are complaining. How is that good for business? If at least they laid off people who... — read more
How is it determined who gets cut?
Who is responsible for the decision making on who will get laid off at BB&T? I'm trying to figure out why do we keep losing some of our best workers. What kind of manager looks at the list of names and doesn't take into account something like that?... — read more
Maybe we shouldn't wait and it’s time to consider other options.
Seems that we forget all the things that are wrong at this company when the threat of being laid off becomes more realistic and that we just want to keep our jobs. I get that's a natural reaction, given that people’s lives are at stake, but maybe we... — read more
BB&T has changed so much in the past several years
This was a good company once that appreciated its employees and treated us well. Those days are long gone now. Today, we are all about profits for shareholders and nothing else. Anything and anybody will become a victim of the never-ending race for... — read more
The ultimate recipe for failure
BB&T has gotten to the point of being one the absolutely worst places to work. Morale is horrible at most locations and they hire the MDP or LDP folks straight out of college with no experience at anything other than partying and put them in a... — read more
I'm not happy about it, but I know I have to move on
I was a part of the Correspondent Lending Operations Group in Atlanta. They layed off my entire floor on 1/15 ( 3 teams, their managers and the Operations Manager). They kept the underwriters upstairs and layed off several in Wilson, NC and middle... — read more
February layoffs at BB&T
Any more info on February round of layoffs? All we know so far is that more notifications will go out sometime next month. Any additional info would be appreciated.
Layoffs are terrible and very disruptive
Layoffs are terrible and very disruptive. Those affected will always feel singled out, scared and upset. That is incredibly natural. It's not fun for anyone: those receiving the news, those giving the news, and those left behind. Reactions such as... — read more
BB&T Severance Pay
Just curious, how's the severance pay nowadays. Disclosure: I left on my own in 2014.
This week will be a bloodbath
Many good workers with many years at the bank being fired due to management sole focus on shareholder return. Week of 1/15 is going to be a blood bath. Boston consulting group came in and the 25 year old MBAs are driving management to fire staff... — read more
Are we done with layoffs at BB&T for now?
Very little is available on this week's layoffs. We don't know how many people were laid off, what was hit, and most importantly - are we done? Does anybody know if we can expect even more cuts in the following few days or has everybody been notified... — read more
List of Branches to be closed by BB&T in 2019
Do you know if the list exists and where I may be able to find it. Thank you!
Corresponding Lending - Wilson, NC - January 2019 Layoffs
Several folks have been laid off this week in Wilson, NC in Corr. Landing. Some of them have been with the company for many years. We hear that the cuts will be affecting other locations and that more may be coming in 2 to 3 weeks - I honestly hope... — read more
BB&T Layoffs 2019
Will there be any BB&T Layoffs in 2019?
BB&T Values are a flood of empty words
Company laid off thousands of employees to bump up shares of stock at year end. Guess who benefited... Kelly King CEO who just got a pay raise of 9.1% bringing his total compensation to $12.67 million while the President and COO, Chris Henson got a... — read more
Resources and staffing
I’m at my 5 year mark with BB&T and since I started I’ve yet to see an improvement in resources and manpower. Majority of the time our staff is at the bare minimum. This causes associates to scramble around hoping to accomplish tasks set for the day... — read more
Why were they let go?
Roughly 6 months ago at a BB&T branch two of my coworkers who have been with the company for at least 15 years came in one day and were let go. As far as everyone in the branch were aware of, they were exemplary employees who were given no notice... — read more
Up to 2,000 layoffs by 12/31
Up to 2,000 positions will be eliminated by the end of the year through severance packages, forced retirements, and vacant positions that will not be filled. A majority of the layoffs will come from the retail bank through branch consolidations... — read more
BB&T Layoffs 2018
When will things improve, are they, I am still hearing about layoffs in Winston-Salem.
BBT Layoffs 2017
I know BB&T is taking a meat cleaver in slashing jobs in PA and NJ They screwed up when they bought 2 banks in the same area. on top of that those places did not have staff really focused on sales. this combined with total lack of advertising in the... — read more
BB&T Outsourcing
Do you guys outsource over there at BB&T? I work for a competitor and a headhunter reached out to me (casually) and told me about a potential opportunity in the IT group. I've spent a few minutes on LinkedIn and Glassdoor researching but I was unable... — read more
And yet more closures...
http://www.wfmz.com/news/berks/bbt-to-close-2-of-18-bank-branches-in-berks-1/624546131
BB&T September 2017 layoffs
BB&T announced it'll be laying off 56 people from its Charleston processing service center. It seems that the affected people have already been notified... — read more
Fallston branch closing in December
BB&T is closing its Fallston branch in December, but so far, no layoffs are announced as a result. Hopefully, it will stay that way. http://www.shelbystar.com/news/20170824/bbampt-to-close-fallston-branch
To those waiting for a package
DON'T. stop waiting and leave. I did and found a great job and with the just increase in pay calculated it will take about 1 year to earn the entire layoff pkg. (I was there 12 yrs.) That doesn't take into account a possible promotion that would... — read more
BB&T Layoffs 2017
Things can be better, improved and stellar, especially, sure sure, because I hear that we might have job reductions and layoffs in Winston-Salem.
BB&T Layoffs 2016
What is the likelihood of BB&T layoffs in Winston-Salem in 2016? Please let me know if you have any information.
2014 Layoffs - unexpected?
Anyone expects layoffs in 2014? I guess all of you know the answer - BBT is a weird duck.
Immune on the Mortgage Side
Are we really immune to the down turn? If yes, why downsizing? Nuts...