Thread regarding Truist Bank layoffs

Sudden job cuts in PA

In the last week there has been a huge push to eliminate experienced talent across a lot of branch based positions including UBs, RBs, BLs, BOPs. Many including myself have been given similar reasons of “This is a performance based decision that has been made by the appropriate level of management” regardless of actual results. Too many “effective immediately, __ is no longer employed with Truist” emails this week for this all to be a coincidence.


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| 137 views | | 13 replies (last 3 days ago) | Reply
Post ID: @OP+1m5p54cx5

13 replies (most recent on top)

Anyone who didn’t get meets expectations in their last two annual reviews and weren’t on track at this year’s mid-year were getting fired. I think most of it was lack of performance, though I’m sure some were unwarranted. I know some people got bad reviews because it was based off the branch’s performance and they had been at least 50% short staffed for over a year. Their individual performance and behaviors were great.

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Post ID: @2p1+1m5p54cx5

@bs no severance

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Post ID: @2p0+1m5p54cx5

Happening to BLs as well. One in our area who was sent to several branches to “clean them up” was gone. Long tenure, no corrective action no warning

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Post ID: @zb+1m5p54cx5

A UB from a branch close to mine got let go over performance this week. My BL said Truist is cracking down on people not performing.

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Post ID: @z6+1m5p54cx5

@dn Branch Leaders and Branch Operations Partners

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Post ID: @v6+1m5p54cx5

@Op Im not sure...l think no but do any of the "lifers" know for sure?

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Post ID: @pt+1m5p54cx5

@bs l dont think so. Does anyone else know?

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Post ID: @ps+1m5p54cx5

Florida too, many employees different positions but usually long tenured.

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Post ID: @jh+1m5p54cx5

This happened at our sister branch, they terminated two of their UBs, were told the exact same thing. "This was an enterprise wide decision" They weren't even allowed to finish the day, were pulled into the office by our BL and AL, then they were gone.

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Post ID: @ed+1m5p54cx5

I’ve not heard of any branch TMs being impacted. Are you saying this is occurring with TMs who are meeting goals and expectations and they are still attributing it to performance? I don’t see what there would be to gain by terminating a performing teammate considering the cost to hire and train new TMs. When you say big push what do these impacts look like?

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Post ID: @dq+1m5p54cx5

What are BLs and BOPs?

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Post ID: @dn+1m5p54cx5

Yeah, results and performance finally matter

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Post ID: @dc+1m5p54cx5

@OP Is there a severance package if such action is labeled as performance based?

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Post ID: @bs+1m5p54cx5

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