Thread regarding Truist Bank layoffs

The biggest reason to leave?

I feel drained.
It's become difficult for me to think of any reason to stay here other than the fact that I have not landed a new job yet.

Is it even possible to single out the biggest reason for leaving this place, given that there are so many?

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| 32832 views | | 9 replies (last May 28, 2023) | Reply
Post ID: @OP+1mMrjbxO

9 replies (most recent on top)

“You guys should leave, Bank of America is hiring.”

This post hits home. No place is perfect, and BoA isn’t exactly a destination spot in the banking world. But BoA is significantly better than Truist at this point. Unless you have executive management aspirations at BoA, it is possible to stay out of the politics, and if you are competent and diligent, you will generally be treated fairly.

BoA isn’t a picnic, but the goals and expectations are crystal clear. They are not at Truist. Truist has major fractures running throughout its organizational structure and operating processes - all exacerbated by non-existent communication (because nobody trusts anyone).

As a result, being competent at Truist doesn’t matter, because it is IMPOSSIBLE to stay out of the politics. You are forced to pick sides, and then you learn there is no loyalty. Truist’s issues aren’t banking or corporate America issues - they are poor executive team and stacked board issues.

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Post ID: @4bqj+1mMrjbxO

You guys should leave, Bank of America is hiring

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Post ID: @2rjs+1mMrjbxO

@nyx+1mMrjbxO - great post. Seems to me Truist is a public company in name only. From my perspective it is an ATM for the executive team and the board of directors - everyone else (shareholders, employees, communities) appear to be pawns funding the boondoggle. Really sad.

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Post ID: @2zfz+1mMrjbxO

Sick Systems:

  1. Keep people too busy to think
  2. Keep people tired
  3. Keep people emotionally involved
  4. Reward intermittently

https://www.witten.kim/blog/how-to-spot-a-sick-system

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Post ID: @1nof+1mMrjbxO

Ah, and my favorite, “when you start with care, you build a different kind of bank”. I love it!

The most important trait for working at Truist now is delusion. Otherwise, you would have to face the truth - you are burning your career (and your sanity) supporting a morally bankrupt executive team - for a paycheck.

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Post ID: @1ihp+1mMrjbxO

This post is hilarious!


Once you find your personal purpose, rekindle that personal purpose, define purposeful work, live Truist values and then reflect on how they inspire you to build a better more purposeful life and community around you only then can you become a valued Teammate and enjoy your role at SunTruist

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Post ID: @wpf+1mMrjbxO

As a past employee, here’s your purpose. Don’t sc--w up the Dividend or Pension. Now get back to work and stop looking at this site in the middle of the day.

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Post ID: @dhx+1mMrjbxO

What is the upside to remaining at Truist? The merger has not been a success in terms of expenses and client assets. Clients are leaving due to poor technology and regional managers. There is no reason for a client to choose Truist as a bank over JPM/Wells/BofA or other regionals. Terrible in house managers who still argue about BB&T and SunTrust historical practices. No backfills. No new hires. Terrible raises with low target bonuses due to earnings. And you have to spend your days pretending to care about "Purpose" and other woke BS. Truist is a public bank. Your job is to make $$ for shareholders, hard stop. No one cares about diversity targets and female executive leadership when the stock price is garbage.

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Post ID: @nyx+1mMrjbxO

Once you find your personal purpose, rekindle that personal purpose, define purposeful work, live Truist values and then reflect on how they inspire you to build a better more purposeful life and community around you only then can you become a valued Teammate and enjoy your role at SunTruist.

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Post ID: @xow+1mMrjbxO

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