Topics regarding layoffs at BB&T Corp.

Topics regarding layoffs at BB&T Corp.

When can we expect the next round?

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 

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| 2524180 views | | 3 replies (last March 22, 2019)
Post ID: @OP+Y4Xcty2

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 

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| 7241 views | | 3 replies (last February 24, 2019)
Post ID: @OP+XKlQnpy

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 

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| 8150 views | | 3 replies (last May 19, 2019)
Post ID: @OP+XBC5FKg

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.

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| 2364 views | | 1 reply (January 28, 2019)
Post ID: @OP+XlNEcOi

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 

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| 2620 views | | 3 replies (last February 15, 2019)
Post ID: @OP+XlkHWb7

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 

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| 1435 views | | no replies yet
Post ID: @OP+XiZga4y

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 

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| 1580 views | | no replies yet
Post ID: @OP+XiXq9je

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 

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| 2751 views | | 2 replies (last January 31, 2019)
Post ID: @OP+XhgDqBY

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 

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| 1831 views | | 2 replies (last July 30, 2019)
Post ID: @OP+XgdKOqS

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 

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| 1771 views | | 1 reply (January 25, 2019)
Post ID: @OP+Xe9T54u

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 

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| 1994 views | | no replies yet
Post ID: @OP+XbqQRNM

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.

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| 2300 views | | 2 replies (last January 23, 2019)
Post ID: @OP+XbJ7EBB

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 

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| 1800 views | | 1 reply (January 17, 2019)
Post ID: @OP+Xa2XusG

BB&T Severance Pay

Just curious, how's the severance pay nowadays. Disclosure: I left on my own in 2014.

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| 3440 views | | 3 replies (last February 12, 2019)
Post ID: @OP+Xapv1Nt

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 

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| 4010 views | | 8 replies (last January 28, 2019)
Post ID: @OP+X9y7lRf

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 

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| 2330 views | | 4 replies (last January 18, 2019)
Post ID: @OP+X9JRSc1

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 

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| 3561 views | | 3 replies (last January 18, 2019)
Post ID: @OP+SeLbUbG

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 

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| 2345 views | | 1 reply (January 5, 2019)
Post ID: @OP+RioXxRs

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 

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| 3130 views | | 3 replies (last May 21, 2018)
Post ID: @OP+R5AqXYV

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 

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| 4030 views | | 6 replies (last February 5, 2018)
Post ID: @OP+PUaMLIf

BB&T Layoffs 2018

When will things improve, are they, I am still hearing about layoffs in Winston-Salem.

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| 3121 views | | 1 reply (October 16, 2017)
Post ID: @OP+PLWrbRN

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 

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| 2614 views | | 1 reply (October 3, 2017)
Post ID: @OP+PuTKMmO

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 

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| 2130 views | | 1 reply (January 19, 2019)
Post ID: @OP+Pskwy7i

And yet more closures...

http://www.wfmz.com/news/berks/bbt-to-close-2-of-18-bank-branches-in-berks-1/624546131

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| 1770 views | | 1 reply (September 22, 2017)
Post ID: @OP+PovCSR5

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 

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| 2210 views | | no replies yet
Post ID: @OP+PfpkJpI

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

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| 1700 views | | 1 reply (September 13, 2017)
Post ID: @OP+OWL8Hfg

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 

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| 3790 views | | 1 reply (January 18, 2019)
Post ID: @OP+LNBkc3P

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.

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| 3690 views | | 2 replies (last November 15, 2017)
Post ID: @OP+Kvq6bbO

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.

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| 2510 views | | no replies yet
Post ID: @OP+Ej5JzHk

2014 Layoffs - unexpected?

Anyone expects layoffs in 2014? I guess all of you know the answer - BBT is a weird duck.

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| 2280 views | | 1 reply (August 26, 2014)
Post ID: @OP+wEvVM5D

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