Thread regarding Truist Bank layoffs

Early Retirement Package

Anyone think Truist will offer an early retirement package (or buyout package as some companies are calling it) again like they did several years ago? Hoping that happens sooner rather than later!!


by
| 73 views | | 5 replies (last 11 days ago) | Reply
Post ID: @OP+1m626pqzw

5 replies (most recent on top)

One could only dream of that happening…

by
| | Reply
Post ID: @xe+1m626pqzw

VSRP was a special accounting rule that can only be used every 10 years. All those folks who took the retirement package in 2021, the bank can't use that methodology again until 2031. Or we get sold or merging again.

The best mechanism for forced attrition was the RTO. It continues to be successfully utilized and we-ponized. That and cutting off our body parts & body counts like RAC and Lightstream.

by
| | Reply
Post ID: @nw+1m626pqzw

@ay You feel proud of saying that? Quite the evals you are.
Don’t act so pompous knowing that your job is on the verge on being outsourced.

by
| | Reply
Post ID: @kh+1m626pqzw

Speak for yourself. You better be thankful you have a job right now. Find another one isn’t just snapping your fingers.

by
| | Reply
Post ID: @ay+1m626pqzw

@OP Depends on whether the RTO mandate "encouraged" enough older teammates to retire to meet their quota.

by
| | Reply
Post ID: @a2+1m626pqzw

Post a reply

: